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has genuine force in the context of construction: the Associated Builders and Contractors trade group estimated the US construction industry
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change and too dependent on outmoded methods.
According to Associated Builders and Contractors (ABC) of the Carolinas, more than 90% of
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workforce is expected to retire by 2031. Furthermore, the Associated Builders and Contractors (ABC) estimates the U.S. construction industry
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nearly 10% year over year as of May 2026, according to Associated Builders and Contractors' analysis of federal producer price data. Miss an
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spending instead fell 7.9%, according to an Associated Builders and Contractors analysis of Census data.
"Interest rates are not going to
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additional U.S. workers in 2026, according to Associated Builders and Contractors, a figure covering the whole industry rather than data
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and 349,000 plumbers, pipefitters and steamfitters. The Associated Builders and Contractors estimates the industry needs roughly 349,000 net
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prices were up more than 7% annually , according to an Associated Builders and Contractors analysis), Kelly also pointed to other factors.
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is a global phenomenon. In the United States, the Associated Builders and Contractors (ABC) estimates that the industry will need to attract
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pace with.
The pressure isn't confined to Florida. Associated Builders and Contractors estimated the U.S. construction industry needs to
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in five electricians is already 55 or older, Associated Builders and Contractors chief economist Anirban Basu told Reuters Events . As for
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prior year, reaching levels not seen since 2022. Associated Builders and Contractors reported that contractors with data centre work under
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to an analysis of federal employment data by Associated Builders and Contractors, with nonresidential specialty trade contractors accounting
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in construction jobs over the next decade. The Associated Builders and Contractors association predicts at least 450,000 openings by 2027.
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input prices continue to move. In 2026, Associated Builders and Contractors reported that construction input prices increased 2.6 percent
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Associated Builders and Contractors
Associated Builders and Contractors reported that its Construction Backlog Indicator fell to 8.0 months
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drop in fuel costs offset continued ga
Associated Builders and Contractors Construction Costs construction materials nonresidential
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7.4 percent increase compared to July 2025, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’
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a 1 percent increase year-over-year, according to an Associated Builders and Contractors (ABC) analysis of data released by the U.S. Bureau
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1% in July compared to the previous month, according to an Associated Builders and Contractors’ analysis of U.S. Bureau of Labor Statistics’
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At the same time, construction employment continues to grow. Associated Builders and Contractors reports nearly 60,000 jobs have been added
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time, labor shortages remain a persistent challenge— Associated Builders and Contractors estimates the industry will need to attract 349,000
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