The construction industry will need to attract hundreds of thousands of new workers—349,000 in 2026 and 456,000 in 2027—largely to offset retirements and meet renewed spending growth, or risk worsening labor shortages that could drive up costs and slow critical infrastructure projects.
The construction industry will need to attract hundreds of thousands of new workers largely to offset retirements and meet renewed spending growth, or risk worsening labor shortages that could drive up costs and slow critical infrastructure projects.
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.
The U.S. construction industry is poised for modest growth in 2026, but entrenched labor shortages, tightening workforce demands, and shifting economic pressures will shape opportunities—and challenges—for contractors across all sectors.
Every state recorded a construction unemployment rate below 10 percent in September 2025, as national jobless rates remained low despite slowing employment growth and rising industry cost pressures.
Every state recorded a construction unemployment rate below 10 percent in September 2025, as national jobless rates remained low despite slowing employment growth and rising industry cost pressures.
The U.S. Court of Federal Claims ordered the removal of a project labor agreement mandate from an Army Corps of Engineers solicitation, marking another legal setback for the Biden administration’s federal construction policy.
The U.S. Court of Federal Claims ordered the removal of a project labor agreement mandate from an Army Corps of Engineers solicitation, marking another legal setback for the Biden administration’s federal construction policy.
U.S. construction input prices rose modestly in September—marking five consecutive months of increases—while year-over-year costs remain significantly higher amid uncertainty over the impact of new material tariffs.
U.S. construction input prices rose modestly in September—marking five consecutive months of increases—while year-over-year costs remain significantly higher amid uncertainty over the impact of new material tariffs.
Thomas “Murph” Murphy, VP of Power & Construction Group, has been elected chair of the ABC National Board of Directors for 2026, leading the association in advancing merit shop principles, workforce development, and industry excellence.
Thomas “Murph” Murphy, VP of Power & Construction Group, has been elected chair of the ABC National Board of Directors for 2026, leading the association in advancing merit shop principles, workforce development, and industry excellence.
Metro Walls received two Excellence in Construction Awards and five additional recognitions from ABC NH/VT for standout craftsmanship, collaboration, and high-quality work across several major regional projects.
Metro Walls received two Excellence in Construction Awards and five additional recognitions from ABC NH/VT for standout craftsmanship, collaboration, and high-quality work across several major regional projects.
ABC reports a drop in construction spending in 10 of 16 categories, with data centers still performing strongly despite high costs and borrowing rates.