The National Lumber and Building Material Dealers Association (NLBMDA) announced its support of the enactment of H.R. 6644, the 21st Century ROAD to Housing Act. The landmark housing package includes more than 45 provisions aimed at increasing housing supply, reducing unnecessary regulatory barriers, modernizing federal housing programs and giving state and local governments additional tools to support residential construction. “The 21st Century ROAD to Housing Act demonstrates what Congress can accomplish when lawmakers work together to address the housing supply and affordability challenges facing communities across the country,” said Jonathan…
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Construction 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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