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Despite high confidence, the industry could be facing headwinds in the US
US construction employment fell for the third month in a row in August but construction firms are still seeing shortages of skilled labour
US backlogs strong but confidence on profit margins dips
Data from the US Bureau of Labor Statistics shows signs of stress in construction
A boom in data centre construction work has helped to push contractors’ order backlogs to an average of 8.7 months in June
So far, Trump’s tariffs have caused vital construction material costs to spike
US contractors remain confident on profit margins, in spite of drop in backlog and tariff-related material price increases
Active job openings for construction saw a huge drop from 2023, so why are contractors so optimistic?
Skanska is preparing for a good year in 2025, but is eyeing the US market with more caution
Sharp fall in non-residential construction spending in the US in March
US construction confidence dipping amid tariff tumult
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US construction companies faced a 4% increase in the cost of steel in February, as the threat of tariffs on imports allowed domestic producers to put up their prices
Data reveals that US construction material prices are on the rise
Two segments alone were responsible for 94% of increased non-residential construction spending
A construction trade association said US construction needs about approximately 500,000 new workers in 2025
US construction material prices remain elevated over the year, but were down slightly in December
US construction job openings fell 40% compared to 2023
Data from the US Census Bureau reveals construction spending was down in October
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US construction input prices dropped in September according to new analysis