Producer prices fell in August, but construction input costs climbed as metals and diesel rose. With jobs revised lower, contractors face uneven pressures closing out 2025.
The construction industry shed 7,000 jobs in August—its third consecutive monthly decline—though unemployment fell to a record-tying low of 3.2 percent as labor shortages persist.
The construction industry shed 7,000 jobs in August—its third consecutive monthly decline—though unemployment fell to a record-tying low of 3.2 percent as labor shortages persist.
Commercial construction spending has reached record levels in 2025, with Texas leading overall and smaller states like North Dakota and Idaho excelling per-capita, while growth remains uneven across regions.
Commercial construction spending has reached record levels in 2025, with Texas leading overall and smaller states like North Dakota and Idaho excelling per-capita, while growth remains uneven across regions.
Despite rising material costs and economic headwinds, the steel framing industry remains resilient with innovation, new capacity, and housing demand driving cautious optimism.
Despite rising material costs and economic headwinds, the steel framing industry remains resilient with innovation, new capacity, and housing demand driving cautious optimism.
The global rigid insulation market is poised for strong growth from 2025 to 2031, driven by rising demand for energy-efficient building materials, stricter environmental regulations, and expanding construction activities worldwide. A new report from QY Research outlines trends for the next six years.
The global rigid insulation market is poised for strong growth from 2025 to 2031, driven by rising demand for energy-efficient building materials, stricter environmental regulations, and expanding construction activities worldwide. A new report from QY Research outlines trends for the next six years.
In July, Associated Builders and Contractors reported that construction backlogs rose to 8.8 months—driven by infrastructure and data center projects—while contractor confidence slipped, especially on profit margins, amid rising material costs and tariff-related price increases.
In July, Associated Builders and Contractors reported that construction backlogs rose to 8.8 months—driven by infrastructure and data center projects—while contractor confidence slipped, especially on profit margins, amid rising material costs and tariff-related price increases.