The Associated Builders and Contractors Construction Backlog Indicator rose to nine months in May.

Construction's unemployment rate of 4.6% was the lowest ever recorded for the month of April, according to AGC.

Industry employment tops pre-pandemic peak for the first time, BLS says.

Proposed changes would be the first major revisions to the law in about 40 years.

Industry jobless rate also improves on monthly and year-over-year basis, BLS reports.

Industry unemployment rate rises to 7.1% from December's 5%, but improves sharply year-over-year.

Nonresidential specialty contractors segment shows strongest results.

Industry's workplace fatalities dip 5% in 2020, but fatality rate is up to 10.2 per 100,000 workers from 9.7.

Anirban Basu, chief economist for Associated Builders and Contractors and CEO of consulting firm Sage Policy Group, expects projects from the new infrastructure package to be released in next year's third and fourth quarters.

The unemployment rate was up from October level but has improved year over year.