Recovery in residential construction employment, led by remodeling jobs, has been faster than in nonresidential construction employment, due to changes in demand for office space, although …
Infrastructure construction remains the brightest area of the forecast. Strong public funding commitments and bipartisan support continue to provide tailwinds for nonbuilding structures.
Share of construction trade workers that are foreign born by trade, 2023 ... Construction trades rely heavily on immigrants (34% vs. 18% for all workers); impact varies greatly by state (1-53%)
Residential starts continued to be under-water during Q1. The results were mixed, with Single-family construction growing 5% YoY, while Multi-family construction starts contracted by 9.6%.
Construction spending during August 2025 was estimated at a seasonally adjusted annual rate of $2,169.5 billion, 0.2 percent (±0.7 percent)* above the revised July estimate of $2,165.0 billion. …
Jan 20, 2025 · NAHB’s most recent Construction Cost survey (conducted in the Fall of 2024) shows that, on average, 64.4% of the sales price is due to construction costs and 13.7% to …
The number of open construction sector jobs shifted notably lower from 400,000 at the start of the year to 248,000 in July. Average hourly wages in the overall construction industry have …