All industry segments recorded increases for the month, led by residential specialty trade contractors

ABC’s Construction Confidence Index for January shows more contractors expecting growth in sales, profit margins and staffing over the next six months.

New Bureau of Labor Statistics report says union portion of the total private sector construction workforce declined last year to 11.7%, the lowest annual level in a decade, but building trades counter that data understates organized labor strength.

Construction input prices fell in December at a greater rate than the Producer Price Index, but still outpaced the wholesale level marker of inflation for the year.

Fatal construction accidents were down about 2% overall in 2021, the U.S. Bureau of Labor Statistics reports, but some types of construction accidents saw worrying increases.

Gains in buildings construction slightly exceed losses among specialty trade contractors.

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