Committee advises OSHA on standards for health and safety in construction and policy matters.

A record 88.3% of construction workers do not belong to a union, according to the U.S. Bureau of Labor Statistics, up from 87.4% in 2021.

On a year-over-year basis, industry employment has risen by 294,000 jobs, an increase of 3.9%. 

Overall construction input prices are 7.9% higher than a year ago, while nonresidential construction input prices are 7.6% higher.

Private nonresidential spending was up 1.7%, while public nonresidential construction spending was down 0.1% in November. 

In preparation, ensure your firm is carefully managing its cash flow and doing all it can to retain key employees.

The increase in backlog observed in November is largely attributed to contractors with under $30 million in revenue, which now have their highest level of backlog in over three years. 

On a seasonally adjusted annualized basis, nonresidential spending totaled $898.4 billion for the month.

Construction workers quit their jobs at a lower rate than they were laid off or discharged for the first time since February 2021.

Construction workers quit their jobs at a faster rate than they were laid off or discharged for the 18th consecutive month in August.