Construction input prices jumped 0.4% to 0.6% in November, marking the fastest annual increase since January 2023. With aluminum, steel, and energy costs climbing amid tariffs, contractors are raising bids, passing on costs, and planning cautiously—even as some remain optimistic about margins next year.
Survey shows strong demand for data centers and power projects in 2026, even as contractors grow more concerned about recession risks, labor shortages and policy uncertainty.
While data centers and power projects are driving commercial demand, contractors say economic uncertainty and workforce shortages could affect residential and mixed-use construction in 2026, according to a new AGC and Sage survey.
Construction employment declined by 11,000 in December and the unemployment rate among workers with recent construction experience jumped to 5.0 percent, AGC said, even as many firms still plan to add headcount in 2026 if they can find qualified workers amid persistent labor shortages.
Construction employment climbed by 19,000 in September as firms accelerated hiring and raised wages to meet demand for public projects and data centers, even as private-sector construction weakened.
A new industry survey finds 92% of construction firms face hiring challenges, leading to delays, higher costs, and renewed calls for workforce and immigration reforms.
U.S. construction added 4,000 jobs in May, marking 13 straight months of gains despite hiring slowdown, tariff hikes and inflation-driven uncertainty across the industry.
A steep drop in port traffic and tariff-driven material hikes are squeezing roofing contractors, despite a 90-day U.S.-China tariff truce to ease pressure on the strained supply chain; a glimmer of good news from Associated Builders and Contractors is a balm.
Roofing contractors face rising claim costs from insurers fueled by extreme weather, labor shortages and insurance crackdowns, which threaten profits, hiring and project viability. Still, there are ways to insulate your firm from the tumult.