On Aug. 11, 2026, Associated Builders and Contractors (ABC) reported that its Construction Backlog Indicator fell to 8.0 months in July 2026. The data originates from an ABC member survey conducted from July 20 to Aug. 4. The reading is down 0.8 months from both a month ago and a year ago. “Backlog fell sharply in July and is down to the lowest level since January,” said ABC Chief Economist Anirban Basu. “The data center boom masks the depth of this weakness, as there is a lack of momentum in…
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Price of framing lumber remains unchanged
According to Madison’s Lumber Price Index, the price of framing lumber was unchanged from the previous week. As of Aug. 7, 2026, prices held at $558.19 per 1,000 board feet. Key factors influencing prices include increased demand, rising tariffs, supply chain bottlenecks and insufficient domestic production. According to the National Association of Home Builders, changes in softwood lumber prices directly impact the price of a new home. This, along with rising wages for construction workers and higher interest rates, is one of the reasons the housing market is experiencing declining…
Read MoreMedian lot value cools off
A new analysis from the National Association of Home Builders (NAHB) reported that the national median lot value declined in 2025. As the first barrier to building spec homes, the estimated 4% decrease is a positive trend for builders. While this data varies based on region, the Northeast and West reported record highs and a trend towards smaller lots. Builder concerns over lot shortages decreased since 2021, when it hit an all-time low. “According to the May 2025 NAHB/Wells Fargo Housing Market Index (HMI) survey, 64% of builders rated the…
Read MoreASLA urges for construction workforce stability
A new analysis from the American Society of Landscape Architects highlights the need for construction workforce stability. Recent studies throughout the industry predict that by 2030, the industry will face a gap of millions of skilled trades positions, driven by demographics, slow training pipelines and growing demand for housing, infrastructure, as well as climate-resilient projects, unless we begin the conversation about construction workforce stability. “As design professionals, we need to begin to make workforce stability a normal part of the conversation; not as politics, but as a health, safety and…
Read MoreTexas leads the nation in construction jobs
According to new federal data analyzed by the Associated General Contractors of America (AGC), Texas is leading the nation in construction job growth both annually and monthly. Between June 2025 and June 2026, the state added 24,800 construction jobs, marking a 2.7% increase. The expansion reflects broader regional strength in residential building. Recent Housing Starts data from the U.S. Census Bureau shows that the South, which includes Texas, accounted for the majority of new privately-owned home construction nationwide. In June, 741,000 privately-owned housing starts were recorded in the South out…
Read MoreConstruction drives job market growth in Louisiana
Louisiana added 16,700 jobs over the past year, ranking fourth in the South, with much of the growth coming from construction. This is a record high for the state, with payrolls topping two million employees for the first time. “The state had a record number of economic announcements last year and all of those look like they’re flowing from announcement into actual hiring of construction workers,” said Adam Knapp with Leaders for a Better Louisiana. “It’s across the state.” “Our growth and profits have increased dramatically over the past couple…
Read MoreRemodeling market remains positive in second quarter
In the second quarter of 2026, the National Association of Home Builders Remodeling Market Index (RMI) posted a reading of 61, down one point compared to the previous quarter. Even with this slight decline, remodeler sentiment remains the standout sector within the housing industry. With current mortgage rates above the median outstanding rate for existing homeowners, the incentive to remodel instead of purchasing a new home persists due to this lock-in effect. The RMI is based on a survey that asks remodelers to rate various aspects of the residential remodeling…
Read MoreConstruction retains hiring momentum in June
According to an Associated Builders and Contractors (ABC) analysis of data by the U.S. Bureau of Labor Statistics, the construction industry added 11,000 jobs in June 2026. On a year-over-year basis, industry employment has expanded by 64,000 jobs, an increase of 0.8%. “Today’s jobs report was full of positive signs,” said ABC Chief Economist Anirban Basu. “The nonresidential segment continued to add jobs in June and has grown several times faster than the economy-wide average over the past 12 months. At the same time, the supply of labor appears adequate…
Read MoreConstruction job openings increase
According to a new survey from the Bureau of Labor Statistics, the number of open positions in the construction sector increased in May 2026. The number of open jobs for the overall economy fell flat in May, remaining near 7.59 million. The May reading was also measurably higher compared to a year ago, at 7.31 million. The recent increase in job openings for the overall economy indicates that the labor market is holding steady. The construction job openings rate increased to 3.5% in May, up from the 2.6% rate estimated…
Read MoreABC’s construction backlog surges in May
On June 16, 2026, the Associated Builders and Contractors (ABC) reported that its Construction Backlog Indicator rose to 9.1 months in May 2026. This is according to ABC’s member survey conducted from May 20 to June 3. The reading is up 0.3 months from April and 0.7 months from May 2025. “Backlog rose to a nearly three-year high in May,” said ABC Chief Economist Anirban Basu. “This increase largely reflects the massive data center investments taking place across the nation, as the 14% of ABC members under contract to work…
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