Articles Tagged with ''construction climate''

Construction executive’s 2025 mid-year construction economic update and forecast webinar.

The construction industry added 15,000 jobs on net in June.

Construction input prices increased 0.2% in May compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data.

Increases in nonresidential construction employment were tempered by declines in residential construction jobs; average hourly earnings up 4.7 percent as unemployment rate falls to 3.5 percent.

The association reports that spending decreased 0.1 percent.

ABC reports industry job openings decreased by 38,000 last month and are down by 90,000 from the same time last year.

Dr. Sally Spencer-Thomas spoke about a mental health plan for the industry. To further the point, a well-structured mental health action plan in the construction industry can improve worker well-being by addressing job-related stressors, fostering awareness, and implementing evidence-based initiatives.