Articles Tagged with ''construction industry''

The latest report from the U.S. Bureau of Labor Statistics shows the construction sector added 33,000 jobs in January, bringing total construction employment to more than 8.3 million workers nationwide. The gain represents one of the largest monthly increases since mid-2023 and was driven largely by hiring among nonresidential specialty trade contractors.

The U.S. construction sector continued to grow in June, adding 15,000 jobs despite mixed performance across nonresidential categories. With unemployment in the industry dropping to 3.4%, economists say momentum remains strong, but rising material costs and interest rates could challenge margins in the months ahead.

For the 13th year in a row, Moen has been recognized as a National Preferred Partner by David Weekley Homes—an honor awarded to just 12 out of 118 evaluated partners in 2025.

While overall year-over-year price increases remain modest, rapid gains in early 2025 and looming tariff hikes signal rising pressure for contractors.

ABC’s latest data shows construction backlog rose to 8.7 months in April, the highest since September 2023, even as contractors face rising material costs and uncertain sales outlooks.

Reutter, a company veteran since 2018, will lead regional growth efforts and oversee operations from the North America headquarters in Minnesota.

Surge in highway and street spending supports rebound for nonresidential spending.

While the overall kitchen and bath industry continues to show healthy growth for the year, the overall index is down 4% quarter over quarter as lingering issues caused by the pandemic seem to be catching up to consumer sentiment. Despite this, the industry is coming off of a record-breaking quarter of growth in Q2, which has fueled projections for the year at around 12% growth in sales year-over-year, with many members still encouraged about future growth in 2022.  

ASA’s Mike Miazga is back with another COVID-19 Recovery Town Hall interview session. This time, Mike is joined by National Association of Homebuilders President and CEO Jerry Howard, who answers a bevy of ASA member questions related to the construction/homebuilding market coming out of the pandemic.