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Torrisi will focus on guiding McKissack & McKissack\u2019s 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%.<\/p>\n<\/p>\n
Women comprise 9.9 percent of the construction industry workforce, with an even smaller number of women on the front lines \u2014 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\u2019s 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\u2019 labor and employment.<\/p>\n<\/p>\n
The strong backlog reading occurred, however, at the same time contractor confidence declined, according to ABC\u2019s 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.<\/p>\n<\/p>\n
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WASHINGTON (Aug. 4, 2026) \u2014 The construction industry recorded 305,000 job openings\u2026 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\u2019s Construction Industry Snapshot \u2014 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.<\/p>\n<\/p>\n
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\u2019 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.<\/p>\n<\/p>\n
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.<\/p>\n<\/p>\n