The Associated Builders and Contractors’ Construction Confidence Index readings for sales, profit margins and staffing levels climbed in December 2021.

Construction employment added 22,000 jobs on net in December 2021, with nonresidential construction gaining 27,000 jobs.

Nonresidential construction spending was unchanged from October 2021 to November 2021 and is up 3.4% compared with November 2020.

Thirty-six states added construction jobs in November, and construction employment is down in 32 states since February 2020 amid labor shortages.

Housing starts increased 11.8% in November to a seasonally adjusted annual rate of 1.679 million units.

Construction starts dropped 14% in November as contractors continue to struggle with high materials prices, supply chain issues and labor shortages.

Builder sentiment increased one point to 84 in December as buyer demand remained strong.

Construction material prices rose 1.4% in November and are up 23.5% on a year-over-year basis; nonresidential construction material prices are 24.5% higher than a year ago.

The Associated Builders and Contractors’ Construction Confidence Index readings for sales, profit margins and staffing levels climbed in November.

Construction employment added 31,000 jobs on net in November, with nonresidential construction gaining 20,800 jobs.

The results of the latest Quarterly Market Index Survey for Reroofing indicate opportunities in the reroofing industry improved or held steady during the third quarter of 2021.

Nonresidential construction spending climbed 0.9% from September to October and is up 2% compared with October 2020.

Construction starts surged 16% in October as contractors continue to struggle with high materials prices, supply chain issues and labor shortages.

Thirty-four states added construction jobs in October, and construction employment is down in 33 states since February 2020 amid labor shortages.

Housing starts decreased 0.7% in October to a seasonally adjusted annual rate of 1.52 million units.

Builder sentiment increased three points to 83 in November as buyer demand remained strong.

Construction material prices rose 1.5% from September to October and are up 21.1% on a year-over-year basis.

Construction industry leaders’ confidence decreased in October amid supply chain issues, high materials prices and labor shortages.

NRCA called on the Biden administration to work with the roofing industry to address the significant challenges affecting the U.S. supply chain.

Construction employment added 44,000 jobs on net in October, with nonresidential construction gaining 33,000 jobs.

The U.S. economy grew at an annualized pace of 2% during the third quarter—its slowest increase since the end of the 2020 recession.

Nonresidential construction spending fell 0.6% from August to September and is down 1.3% compared with September 2020.

Thirty-two states added construction jobs in September, and construction employment is down in 35 states since February 2020 amid supply chain issues.

Builder sentiment increased four points to 80 in October as buyer demand remained strong.

Construction starts rose 10% in September as contractors continue to struggle with high materials prices, supply chain issues and labor shortages.