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Business
Industry Trends: Page 3
Industry Trends
U.S. Construction Spending Forecast to Reach $2.85 Trillion by 2031
Merlo America
California, Texas, Florida, New York and New Jersey are projected to account for 42% of U.S. construction spending by 2031, with data centers driving demand.
Labor & Workforce Development
TikTok is Changing Construction’s Image with Gen Z
The Contractor Consultants
Social media is reshaping perceptions of construction careers, highlighting skilled trades, technology, entrepreneurship and opportunities for Gen Z workers.
Industry Trends
Construction Backlog Falls to 8 Months in July
Associated Builders and Contractors Inc. (ABC)
ABC reports construction backlog declined across every region, industry and company size in July, with data center work continuing to drive stronger backlogs.
Labor & Workforce Development
Construction Summer Hiring Surge Puts New Pressure on Jobsite Safety
ISN
A seasonal hiring surge is bringing more workers and contractors to jobsites, making consistent onboarding, qualification and safety practices critical.
Labor & Workforce Development
5 Leadership Hires Shaping Construction’s Future
Allegiance Search
Five leadership roles are becoming increasingly important as construction companies navigate supply chains, power availability, project complexity and growth.
Labor & Workforce Development
National Employee Happiness Improves as Construction Employers Face Labor Strain
Bamboo HR
Employee satisfaction improved in the first half of 2026, but younger and mid-tenure workers continue to report lower satisfaction, offering insights for construction workforce retention.
Labor & Workforce Development
ABC: Construction Adds 22,000 Jobs in July
Associated Builders and Contractors Inc. (ABC)
U.S. construction employment increased by 22,000 jobs in July, with nonresidential specialty trade contractors accounting for most of the gains, according to ABC.
Industry Trends
Deltek Reports Growing AI Adoption, Ongoing Workforce Challenges for Contractors, A&E Firms
Deltek
Deltek's latest industry studies found government contractors and A&E firms are expanding AI use while continuing to face labor shortages, rising costs and cybersecurity concerns.
Rental Business
ARA's Latest Forecast: 3.4% Increase
American Rental Association (ARA)
ARA's bold forecast: rental market growth reaching 5.1% by 2028 despite economic uncertainty.
Automation & AI
Bridgit Expands AI Platform with Workforce Planning Agents
Bridgit
The platform is designed to automate workforce planning tasks, recommend staffing decisions and connect live workforce data with popular AI assistants.
Automation & AI
Deltek Reports AI Adoption Grows as Cost, Labor Pressures Persist Across Construction
Deltek
The studies found government contractors and A&E firms are investing heavily in AI, but many continue to face labor shortages, margin pressure and cybersecurity challenges.
Lifting Equipment
Report Shows Strong US MEWP Rental Market
International Powered Access Federation (IPAF)
While Europe's MEWP sector faces economic pressure and cautious investment, the US market is outperforming expectations with resilient demand and renewed fleet growth.
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