The construction industry had 292,000 job openings on the last day of November, according to an Associated Builders and Contractors’ analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting. Industry job openings increased by 90,000 during the month and are up by 15,000 from the same time last year. “Construction job openings rose meaningfully in November and were up on a year-over-year basis for the first time since July,” said ABC Chief Economist Anirban Basu. “At the … Read more
ABC: Nonresidential Construction Adds 28,800 Jobs in November
The construction industry added 28,000 jobs on net in November, according to an Associated Builders and Contractors’ analysis of data released by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has expanded by 58,000 jobs, an increase of 0.7%. Nonresidential construction employment increased by 28,800 positions, with gains in all three subcategories. Nonresidential specialty trade added 18,700 jobs, while nonresidential building and heavy and civil engineering added 5,100 and 5,000 jobs, respectively. The construction unemployment rate was 4.1% in November. Unemployment across all industries rose to 4.6% and is 0.4 percentage points higher than one year ago. … Read more
Dodge Momentum Index Decreases 1% in November
The Dodge Momentum Index, issued by Dodge Construction Network, decreased 1.1% in November to 276.8 (2000=100) from the downwardly revised October reading of 280.0. Over the month, commercial planning ticked down 0.1% and institutional planning declined by 3.4%. Year-to-date, the DMI is up 36% from the average reading over the same period in 2024. On the commercial side, activity slowed down for warehouses and hotels, while planning momentum was sustained for data centers, traditional office buildings and retail stores. On the institutional side, education, healthcare, public and recreational planning saw weaker momentum, after strong activity in recent months. Planning for … Read more
JLL Research Forecasts Construction Market Evolution as Policy Shifts Define 2026
JLL Project and Development Services released its 2026 U.S. Construction Perspective, revealing how policy-driven market dynamics are creating distinct regional opportunities and competitive advantages across the construction landscape. “The construction industry is navigating an unprecedented convergence of policy impacts that are fundamentally reshaping market dynamics,” said Louis Molinini, head of project and development services for the Americas, JLL. “While much of 2025 was at a standstill due to uncertainty, we now have directional clarity that enables strategic positioning for organizations ready to move beyond reactive approaches.” Construction spending fell 4.7% in 2025, illustrating the substantial impact of market uncertainty on … Read more
ABC Contractor Backlog, Confidence Slip in October
Associated Builders and Contractors reported that its Construction Backlog Indicator fell to 8.4 months in October, according to an ABC member survey conducted Oct. 20-Nov. 4. The reading is down 0.1 months since September but unchanged from October 2024. Backlog was flat or increased on a monthly basis in each of the three industries considered in this survey. Backlog for respondents that do not primarily operate in any one industry—generally the smallest contractors responding to the survey—fell sharply for the month and stands at just 5.8 months. ABC’s Construction Confidence Index reading for sales was unchanged in October, while the … Read more



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