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Michael Latas & Associates
Construction Report - November 2020
Executive Summary
Construction backlogs were down 6.5% from prior month as construction payrolls increased 0.4%
Total construction backlogs increased by +6.5% from last month with heavy infrastructure construction lagging other markets
Current backlogs are 19.1% lower than last year
The United States gained 300K jobs in November and 30K of these were in the construction market (seasonally adjusted)
The construction industry grew by +0.4% vs. +0.2% for all industries
General contractors in non-residential construction had the most gains in November vs. October, +1.1%,
November was the 7th straight month of increased employment form the lows of April
Recruiting starts have increased dramatically in the last 30 days
Add talent to your team by contacting us today!
Home
About
Lessons
Selling the Offer
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Reports
Jul 2020
Aug 2020
Sep 2020
Oct 2020
Nov 2020
Dec 2020
Jan 2021
Feb 2021
Mar 2021
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