Michael Latas & Associates
  • Home
  • About
  • Lessons
    • Selling the Offer
    • Attracting Talent
  • Reports
    • Jul 2025
    • Jun 2025
    • May 2025
    • Apr 2025
    • Mar 2025
    • Feb 2025
    • Jan 2025
    • Dec 2024
    • Nov 2024
    • Oct 2024
    • Sep 2024
    • Aug 2024
    • Jul 2024
    • Jun 2024
    • May 2024
    • Apr 2024
    • Mar 2024
    • Feb 2024
    • Jan 2024
  • Contact

    

Michael Latas & Associates
Construction Report - December 2020

Executive Summary
  • Construction backlogs and employment increased in December vs. November by +1.4% and +0.7% respectively
  • Total construction backlogs increased by +1.4% from last month with heavy infrastructure construction growing fastest at +2.3%
    • Heavy Industrial construction lagged other areas and were down 6.7% from last month
  • Current backlogs are 17.0% lower than last year
  • The United States lost 140K jobs in December while the construction industry added 50K jobs (seasonally adjusted)
    • The construction industry grew by +0.7% vs. a decline of -0.1% for all industries
    • Heavy Civil contractors had the most gains in December vs. November, +1.5%
    • General contractors in residential construction grew 1.1% in December vs. November assisted by low interest rates creating a strong housing market
  • December was the 8th 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!
Picture
Picture
Picture

Services

Executive Search
Recruiting
Talent Assessment

Company

Michael Latas & Associates
Since 1975

Contact

307.365.6620
[email protected]

© COPYRIGHT 2018-2021. ALL RIGHTS RESERVED.
  • Home
  • About
  • Lessons
    • Selling the Offer
    • Attracting Talent
  • Reports
    • Jul 2025
    • Jun 2025
    • May 2025
    • Apr 2025
    • Mar 2025
    • Feb 2025
    • Jan 2025
    • Dec 2024
    • Nov 2024
    • Oct 2024
    • Sep 2024
    • Aug 2024
    • Jul 2024
    • Jun 2024
    • May 2024
    • Apr 2024
    • Mar 2024
    • Feb 2024
    • Jan 2024
  • Contact