The increase, paired with the industry’s layoff and hiring rate, shows an uneven environment for labor demand, economists ...
The cost of construction materials and labor spiked at the beginning of 2026, spearheaded by rising prices for energy and materials. Construction input prices rose to a 12.6% annualized rate in the ...
Roughly 115,000 construction job openings disappeared from the government’s accounting last month, suggesting the labor shortage that has dogged the construction sector is waning. The on-the-ground ...
While the construction industry as a whole boosted hiring by 11,000 positions in June, nonresidential and heavy/civil engineering companies combined to add an estimated 19,900 positions, according to ...
Total construction spending rose 0.4% in April, when compared to March, according to data recently released by the U.S. Census Bureau. On a yearly basis, spending was 0.9% higher than in April 2025.
Construction activity will decline slowly except for data centers. The nonresidential construction sector of the economy has changed substantially in recent years. Contractors in this sector and their ...
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