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Michael Latas & Associates
Construction Report - April 2023

Executive Summary
  • Construction backlogs decreased in this month vs. last month and last year by 5.4% and up 4.8% respectively
  • Total construction backlogs increased from last year with commercial construction growing fastest
  • Current backlogs are 8.7 months of work
  • The United States gained 236K jobs in March from February while the construction industry lost 9K jobs vs. last month. 
    • The construction industry grew +3.0% vs. the prior year with all sectors employing more people
    • Heavy Civil contractors and grew and are employing 5.8% more people than the prior year
    • Specialty contractors grew and are employing 2.1% more people than the prior year
  • All Contractors have more people employed than at this time last year and there are few people left to hire
Add talent to your team by contacting us today!
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Services

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Company

Michael Latas & Associates
Since 1975

Contact

307.365.6620
[email protected]

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