Construction materials prices are rising again as copper, diesel, freight and labor costs squeeze supply chains despite resilient contractor confidence.
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.
Contractors report a shift in market momentum, with survey data showing signs of pressure in some sectors even as confidence holds above growth thresholds.