ABC: Construction Layoffs Fall to All-Time Low in August

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The construction industry had 251,000 job openings on the last day of August, 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 48,000 last month but are up by 38,000 from the same time last year. “The August JOLTS data indicate that both the demand for and supply of construction workers are decreasing,” said ABC Chief Economist Anirban Basu. “Job openings fell to the lowest […]

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Construction Materials Prices Jump Again in August

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Construction input prices increased 1.2% in August 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 also increased 1.2% for the month. Overall construction input prices are 8.9% higher than one year ago, while nonresidential construction input prices are 8.8% higher. Prices increased in 2 of the 3 energy subcategories last month. Crude petroleum prices expanded 5.2% and unprocessed energy materials prices rose 1.5%, while natural gas prices were down 11.6% in August. “Construction input prices surged again in August, and […]

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ABC: Construction Materials Prices Flat in July, Up 7.4% From a Year Ago

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Overall construction and nonresidential input prices both increased 0.1% in July compared to the previous month, according to an Associated Builders and Contractors’ analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data. Overall construction input prices are 7.4% higher than one year ago, while nonresidential construction input prices are 7.2% higher. Prices decreased in 2 of the 3 energy subcategories last month. Crude petroleum prices decreased 11.9%, and unprocessed energy materials decreased 7.4%. Natural gas prices were up 10.4% in July. “Construction input prices were virtually unchanged in July, but that relatively tame behavior can be traced to […]

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Every State Had Construction Unemployment Rate Below 10% in June

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The national June not seasonally adjusted construction unemployment rate was 4.7%, a 1.3% increase from June 2025, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released by Associated Builders and Contractors. The analysis found that every state had a construction unemployment rate below 10% and all but three states (Connecticut, New Jersey and Rhode Island) had a rate below 7%. National NSA payroll construction employment was 59,000 higher than in June 2025, its 14th straight month of year-over-year increases below 100,000. Seasonally adjusted payroll construction employment was 8.3 million, or 9.5% above its pre-pandemic peak of 7.6 […]

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ABC: Construction Materials Costs Fall With Oil Prices in June

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Construction input prices decreased 1.1% in June compared to the previous month, according to an Associated Builders and Contractors’ analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data. Nonresidential construction input prices also decreased 1.1% for the month. Overall construction input prices are 7.6% higher than one year ago, while nonresidential construction input prices are 7.4% higher. Prices decreased in 2 of the 3 energy subcategories last month. Crude petroleum prices declined 12.1%, and unprocessed energy materials fell 8.1%. Natural gas prices were up 16.6% in June. “Aggregate construction input prices receded in June due to the steep decline […]

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