Construction Employment Rebounds by 26,000 in March

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The construction industry added 26,000 jobs in March, 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 grown by 57,000 jobs, an increase of 0.7%. Nonresidential construction employment increased by 12,200 positions, with gains in all three subcategories. Nonresidential building added the most jobs, increasing by 4,500 positions. Nonresidential specialty trade and heavy and civil engineering added 3,900 and 3,800 jobs, respectively, in March. The construction unemployment rate was 6.7% in March. Unemployment across all industries dropped to 4.3%, but is still 0.1 percentage … Read more

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Slowest Rate of Construction Hiring on Record in February

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The construction industry had 202,000 job openings on the last day of February, 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 decreased by 28,000 in February and are down by 53,000 from the same time last year. “Construction hiring fell to the slowest rate on record in February,” said ABC Chief Economist Anirban Basu. “At the same time, contractors remained reluctant to lay off workers while … Read more

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Construction Hiring Remained Slow in January

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The construction industry had 231,000 job openings on the last day of January, 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 decreased by 14,000 in January and are down by 1,000 from the same time last year. “While construction hiring accelerated in January, rising to the fastest rate since the first half of 2025, that’s unfortunately not saying much,” said ABC Chief Economist Anirban Basu. “The … Read more

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Construction Input Prices Surge in February, Says ABC

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Construction input prices increased 1.3% in February compared to the previous month, according to an Associated Builders and Contractors’ analysis of U.S. Bureau of Labor Statistics Producer Price Index data released. Nonresidential construction input prices also increased 1.3% for the month. Overall construction input prices are 3.1% higher than one year ago, while nonresidential construction input prices are 3.7% higher. Prices increased in all three energy categories last month. Natural gas and unprocessed energy materials prices were up 10.9% and 6.0%, respectively, while crude petroleum prices were up 4.7% in February. “Construction materials costs surged in February due to significant … Read more

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Construction Materials Prices Surge in January, Driven Again by Tariffs

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Construction input prices increased 0.7% in January compared to the previous month, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data. Nonresidential construction input prices increased 0.6% for the month. Overall construction input prices are 2.3% higher than a year ago, while nonresidential construction input prices are 2.9% higher. Prices increased in 2 of 3 energy categories last month. Crude petroleum and unprocessed energy materials prices were up 1.8% and 0.4%, respectively, while natural gas prices were down 2.9% in January. “Nonresidential construction input prices rebounded in January, surging at … Read more

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