Torrisi will focus on guiding McKissack & McKissack’s continued growth strategy across multiple markets and regions. Nonresidential construction employment increased by 17,100 positions on net in May, with growth registered in all three major subcategories. Residential starts were up 16%, while nonbuilding starts gained 17%, and nonresidential building starts rose 3%. On a year-to-date basis through May, total construction starts were up 11% from the first five months of 2023. Nonbuilding starts gained an impressive 49% during the month, driven by the start of an offshore wind project and an LNG facility, while residential starts lost 7% and nonresidential building starts were down 2%.

Women comprise 9.9 percent of the construction industry workforce, with an even smaller number of women on the front lines — an estimated 1 percent. The construction industry added 464,000 net new jobs in May, the largest monthly increase in construction jobs since the government began tracking employment in 1939 and a drastic improvement from April, which recorded the industry’s largest month-over-month job loss. Our 2020 engineering and construction industry midyear outlook provides actionable insight. We originally forecast this trend would persist into 2020, but the COVID-19 pandemic caused a shift in project timelines and a drop in the sectors’ labor and employment.

• Bureau of Labor Statistics, the construction industry lost 61,000 jobs net in February.
• There is some good news and some bad news in the latest outlook for nonresidential construction spending on buildings, according to the latest AIA Consensus Construction Forecast.
• This regulatory change, effective as of April 11, impacts environmental reviews nationwide and sets the stage for potentially streamlined development approval timelines.
• Total construction starts fell 12% in March to a seasonally adjusted annual rate of $903.8 billion, according to Dodge Construction Network.
• Software provider Autodesk released its construction outlook report for 2021 recently, which shows that real-time bidding activity surpassed pre-pandemic levels and reached an all-time high in January 2021.

The strong backlog reading occurred, however, at the same time contractor confidence declined, according to ABC’s Construction Confidence Index. The readings for all three components remain above the threshold of 50, indicating expectations for growth over the next six months. Only the middle states region experienced backlog growth on a monthly basis in June.

How Long It Actually Takes to Power a Data Center in 2026: A U.S. Market-by-Market Reality Check

WASHINGTON (Aug. 4, 2026) — The construction industry recorded 305,000 job openings… Here you will find the latest news and information from the construction industry. Professional services firms in the construction industry were once thought of as entities hired by owners to keep an eye on contractors during the construction process. The construction industry is lagging behind others when it comes to digital transformation. Transportation terminal projects worldwide recently posted a 61% year-over-year increase, according to ConstructConnect’s Construction Industry Snapshot — and the growth in terminals, runways and infrastructure construction shows no signs of slowing. The construction sector has enjoyed record growth since rebounding from the Great Recession, but questions abound as to whether it can keep its momentum in 2019.

Total construction starts fell 8% in February to a seasonally adjusted annual rate of $1.07 trillion, according to Dodge Construction Network. Despite construction industry association objections, a new rule will take effect May 31 that will allow union representatives to accompany federal safety inspectors on non-union employers’ jobsites. Total construction starts rose 10% in May to a seasonally adjusted annual rate of $1.24 trillion, according to Dodge Construction Network. Upticks abound for the construction industry in October as growth in industry employment and decline in materials prices boosts backlog confidence. Total construction starts ticked up 0.5% in February to a seasonally adjusted annual rate of $1.1 trillion, according to the report. Total construction starts were down 9% in April to a seasonally adjusted annual rate of $1.03 trillion, according to Dodge Construction Network.

Hoar Construction Names New Director of Business Development

Total construction starts rose 17% in July to a seasonally adjusted annual rate of $1.2 trillion, according to Dodge Construction Network. A federal district court has delayed the new National Labor Relations Board rule on joint employers, the second time the start date has been pushed back. Total construction starts grew 1% in January to a seasonally adjusted annual rate of $1.16 trillion, according to Dodge Construction Network. Overall construction input prices are 1.5% higher than a year ago, while nonresidential construction input prices are 1.8% higher.

Industry job openings increased by 2,000 last month but are down by 38,000 from the same time last year. See what we learned into October as the construction industry powers into the fourth quarter. The final rule, effective January 13, adds specific language requiring construction employers to provide properly fitting PPE to their workers, which aligns the construction standard with the standard already in place for general industry. Since the construction industry plays a vital role in building, updating and maintaining the DoD’s infrastructure, bases and facilities, they must be prepared to comply with CMMC to continue participating in DoD contracts. President Trump’s executive orders will have both positive and challenging implications for the construction industry.

• On a year-to-date basis, total construction starts were down 0.5% through March.
• Women comprise 9.9 percent of the construction industry workforce, with an even smaller number of women on the front lines — an estimated 1 percent.
• Total construction starts were up 16% in June to a seasonally adjusted annual rate of $1.33 trillion, according to Dodge Construction Network.
• The construction industry stands in a unique position when gauging the impacts of the response to the COVID-19 pandemic.

Construction Costs Update: Strong Demand, Rising Pressure

On a seasonally adjusted annualized basis, nonresidential spending totaled https://livinghawaiitravel.com/what-are-the-roofs-of-houses.html $1.255 trillion. This marks the first contraction in GDP since early 2022 and a notable reversal from the 2.4% growth recorded in the fourth quarter of 2024. This regulatory change, effective as of April 11, impacts environmental reviews nationwide and sets the stage for potentially streamlined development approval timelines. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.248 trillion. On a year-to-date basis through April, total construction starts were down 3% from last year.

New construction starts in October climbed 21% to a seasonally adjusted annual rate of $864.0 billion, according to Dodge Data & Analytics. Total construction starts rose 3% from April to May to a seasonally adjusted annual rate of $595.1 billion, following a 25% decline the previous month. In 2019, the engineering and construction industry saw overall market growth despite cost pressures, labor shortages, and trends toward fixed-bid projects.

• Nonresidential construction employment increased by 17,100 positions on net in May, with growth registered in all three major subcategories.
• On a year-to-date basis through May, total construction starts were up 11% from the first five months of 2023.
• WASHINGTON (Aug. 4, 2026) — The construction industry recorded 305,000 job openings…
• On a seasonally adjusted annualized basis, nonresidential spending totaled $1.255 trillion.
• Total construction starts lost 7% in June, slipping to a seasonally adjusted annual rate of $863.6 billion, according to Dodge Data & Analytics.

Contractor Backlog and Confidence Rise Again in April, Buoyed by Data Centers

Receiving up to $25 million, the winning projects represent aviation, maritime, rail, road and transit infrastructure, department officials said, and will „improve safety, reduce congestion and spur economic growth.“ Total construction starts were up 16% in June to a seasonally adjusted annual rate of $1.33 trillion, according to Dodge Construction Network. In 2027, the industry will need to bring in 456,000 new workers to meet demand as construction spending growth is poised to resume for the first time in years. Total construction starts expanded 2.6% in December to a https://repaircanada.net/the-importance-of-special-construction-equipment.html seasonally adjusted annual rate of $1.24 trillion, according to Dodge Construction Network. Total construction starts rose 12.8% in March to a seasonally adjusted annual rate of $1.22 trillion, according to Dodge Construction Network. Get the inside scoop on construction industry news & Insights before your competitors do.