Despite small signs of momentum, like nonresidential spending growth, construction risks remained alive in June.

What We Learned in June: Construction Shows Small Signs of Momentum, Risks Remain
The construction industry has experienced an uptick in hiring and growing backlog in recent months, yet input price escalation and reemerging signs of labor shortages could put pressure on contractor margins in the months ahead.

Reprinted courtesy of Construction Executive, a publication of Associated Builders and Contractors. All rights reserved.