Does a slide in construction backlog signal tougher bidding and thinner margins ahead, or can contractors still find growth in infrastructure and data centers?
Construction job openings declined again in October as hiring slowed and worker churn fell, signaling a cooler labor market even as contractors remain cautiously optimistic about early-2026 staffing.
While the market continues to be somewhat unpredictable, regional subcontracting firms still see expansion across most product types in most of their operating markets.