The construction sector employed almost 8.3 million people in the United States in January 2025, which was the highest number since the 21st century. There is a strong correlation between the amount of investment in construction and demand for workers. For example, in the years following the 2008 financial crisis, the value of new construction put in place in the U.S. decreased, which also translated in lower employee numbers in the construction sector. How to improve the job shortage? Many contractors have reported difficulty finding skilled workers recently. However, that has not only been the case in the construction industry, but in many other sectors of the economy too. For example, U.S. restaurants reported shortages in different positions in the past years. Although there are many reasons why workers may quit, in general, an increase in the salaries of construction employees may help in reducing the number of resignations. Worker shortages in Europe The United States is not the only country where companies have been facing these challenges. Thus, the percentage of French infrastructure companies reporting staff shortage peaked in 2019 and 2023. However, there are certain industries that struggle finding new employees more than construction. Social and care work had the highest skilled labor shortages in Germany.
The number of production workers in the construction industry in the United States has increased in 2021 and 2022. In 2006, there were 9.56 million construction workers in the U.S., after which construction employment fell sharply. The reason for that decrease was the economic crisis that started in 2008. Construction labor shortage As the world rapidly urbanizes, the construction industry struggles to keep up with the need for new infrastructure and buildings. However, many people now avoid construction jobs as they are perceived to be difficult, dirty, or dangerous. The shortage of skilled construction labor has been immense across the U.S. and Canada, in the latter country, the number of vacancies in the construction sector peaked in April 2022, as they represented over eight percent of all construction jobs. However, those figures are still quite high. Construction labor costs worldwide The cost of salaries and wages in the European Union have increased at a fast pace, with an increase of over 50 percent between 2015 and 2023. In the United Kingdom, the type of subcontractor workers with the highest salaries were those in electrical and plumbing construction trades. While roofing and steel and timber frame erection were among the trades with the lowest salaries. The overall salary expenditure in the construction industry soared in Argentina during that period. However, those figures can also be influenced by other factors, including inflation. In addition to that, those figures measure the overall spending on labor, which does not only depend on the value of the average salary, but also on how many people were employed at a given point in time.
This graph illustrates the construction sector's nominal output in the United States from 2008 and 2018 with an outlook for 2028. This sector's output is projected to amount to approximately 1.58 trillion US dollars by 2028.
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Graph and download economic data for Total Construction Spending: Total Construction in the United States (TTLCONS) from Jan 1993 to Jan 2025 about headline figure, expenditures, construction, and USA.
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United States Construction VIP: Public: SL: ED: Primary & Secondary (PS) data was reported at 3.826 USD bn in May 2018. This records an increase from the previous number of 3.476 USD bn for Apr 2018. United States Construction VIP: Public: SL: ED: Primary & Secondary (PS) data is updated monthly, averaging 2.981 USD bn from Jan 1993 (Median) to May 2018, with 305 observations. The data reached an all-time high of 6.444 USD bn in Aug 2008 and a record low of 0.894 USD bn in Jan 1993. United States Construction VIP: Public: SL: ED: Primary & Secondary (PS) data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.EA001: Value of Construction Put in Place (VIP): Current Price.
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United States Construction VIP: Public: SL: Educational (ED) data was reported at 6.074 USD bn in May 2018. This records an increase from the previous number of 5.544 USD bn for Apr 2018. United States Construction VIP: Public: SL: Educational (ED) data is updated monthly, averaging 4.749 USD bn from Jan 1993 (Median) to May 2018, with 305 observations. The data reached an all-time high of 9.129 USD bn in Aug 2008 and a record low of 1.429 USD bn in Jan 1993. United States Construction VIP: Public: SL: Educational (ED) data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.EA001: Value of Construction Put in Place (VIP): Current Price.
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United States Employment: NF: sa: CO: Steel & Precast Concrete Contractor data was reported at 77.200 Person th in May 2018. This records an increase from the previous number of 72.400 Person th for Apr 2018. United States Employment: NF: sa: CO: Steel & Precast Concrete Contractor data is updated monthly, averaging 74.300 Person th from Jan 1990 (Median) to May 2018, with 341 observations. The data reached an all-time high of 106.300 Person th in Feb 2008 and a record low of 55.400 Person th in Nov 1992. United States Employment: NF: sa: CO: Steel & Precast Concrete Contractor data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.G026: Current Employment Statistics Survey: Employment: Non Farm: sa.
This dataset contains required veteran employment data by federal contractors/subcontractors, who are required to report annually the number of employees in their workforces who are veterans covered under VEVRAA.
The U.S. Department of Labor's Veterans' Employment and Training Service (VETS) and Office of Federal Contractor Compliance Programs (OFCCP) have supported affirmative actions to employ and advance in employment of covered veterans since 2008. As legislatively mandated under 38 U.S. Code Section 4212, codified at 41 CFR 61-300, contractors and subcontractors who enter into, or modify a contract or subcontract with the federal government, and whose contract meets the criteria set forth in the above legislation / regulations, are required to report annually on their affirmative action efforts in employing veterans. Data reported through form VETS-4212 is used by OFCCP in compliance evaluations.
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United States Construction VIP: Public: SL: Water Supply (WS) data was reported at 1.132 USD bn in May 2018. This records an increase from the previous number of 1.002 USD bn for Apr 2018. United States Construction VIP: Public: SL: Water Supply (WS) data is updated monthly, averaging 0.984 USD bn from Jan 1993 (Median) to May 2018, with 305 observations. The data reached an all-time high of 1.505 USD bn in Oct 2008 and a record low of 0.346 USD bn in Feb 1994. United States Construction VIP: Public: SL: Water Supply (WS) data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.EA001: Value of Construction Put in Place (VIP): Current Price.
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No of Job Postings: New: Construction data was reported at 45,628.000 Unit in 24 Feb 2025. This records an increase from the previous number of 45,002.000 Unit for 17 Feb 2025. No of Job Postings: New: Construction data is updated weekly, averaging 1,305.000 Unit from Jan 2008 (Median) to 24 Feb 2025, with 895 observations. The data reached an all-time high of 151,566.000 Unit in 07 Feb 2022 and a record low of 9.000 Unit in 28 Apr 2008. No of Job Postings: New: Construction data remains active status in CEIC and is reported by Revelio Labs, Inc.. The data is categorized under Global Database’s United States – Table US.RL.JP: Number of Job Postings: New: by Industry.
Power construction by the private sector in the United States was valued at 117 billion U.S. dollars in 2023. This segment of the construction industry remained stable between 2019 and 2022, but it rose again in 2023. Even in 2020, when the start of the COVID-19 pandemic was an important challenge for the construction industry, the value of private power construction slightly increased.
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United States Construction VIP: saar: Private: Office: Financial data was reported at 1.266 USD bn in May 2018. This records a decrease from the previous number of 1.660 USD bn for Apr 2018. United States Construction VIP: saar: Private: Office: Financial data is updated monthly, averaging 2.677 USD bn from Jan 1993 (Median) to May 2018, with 305 observations. The data reached an all-time high of 5.848 USD bn in Jan 2008 and a record low of 1.266 USD bn in May 2018. United States Construction VIP: saar: Private: Office: Financial data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.EA002: Value of Construction Put in Place (VIP): Current Price: Seasonally Adjusted Annual Rate.
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Graph and download economic data for Total Construction Spending: Nonresidential in the United States (TLNRESCONS) from Jan 2002 to Jan 2025 about nonresidential, expenditures, construction, and USA.
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United States Construction VIP: Water Supply data was reported at 1.170 USD bn in May 2018. This records an increase from the previous number of 1.037 USD bn for Apr 2018. United States Construction VIP: Water Supply data is updated monthly, averaging 1.149 USD bn from Jan 2002 (Median) to May 2018, with 197 observations. The data reached an all-time high of 1.563 USD bn in Oct 2008 and a record low of 0.824 USD bn in Feb 2014. United States Construction VIP: Water Supply data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.EA001: Value of Construction Put in Place (VIP): Current Price.
In 2023, the value of construction of commercial buildings in the United States amounted to 132 billion U.S. dollars. After a noticeable drop in the U.S. commercial construction market during the 2008 recession, the value of commercial construction that has been put in place has recovered to pre-recession figures, reaching 121 billion U.S. dollars in 2022. Warehouses and private offices were the most commontypes of commercial construction starts in the United States. How does commercial construction differ? Commercial construction is for the purpose of business through new buildings like offices or a new industrial facility. In the commercial market, contractors must also take into account the needs of other businesses that may also be established within the building. The larger size in commercial construction tends to lead to the utilization of steel as well as other equipment such as cranes. Such equipment also requires skilled personnel for safe and efficient operations.
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Graph and download economic data for Producer Price Index by Commodity: Rubber and Plastic Products: Building and Construction Fabricated Plastics Products (Excluding Foam, Plumbing Fixtures, Hardware) (WPU072106063) from Jun 2008 to Feb 2025 about plumbing, hardware, fabrication, rubber, plastics, buildings, construction, commodities, PPI, inflation, price index, indexes, price, and USA.
Between 2000 and 2023, the cost of manufacturing asphalt paving and roofing materials in the United States increased most years. The price of that category of construction materials increased by 22.6 percent in 2008, the highest growth rate achieved throughout the whole period considered. The price of most construction materials in the U.S. increased that year.
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United States GDPS: 2000p: Washington: PI: Construction data was reported at 8.511 USD bn in 2008. This records a decrease from the previous number of 8.768 USD bn for 2007. United States GDPS: 2000p: Washington: PI: Construction data is updated yearly, averaging 9.113 USD bn from Dec 1997 (Median) to 2008, with 12 observations. The data reached an all-time high of 10.478 USD bn in 1999 and a record low of 8.511 USD bn in 2008. United States GDPS: 2000p: Washington: PI: Construction data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.A193: NIPA 2003: Gross Domestic Product by State: 2000 Price: Chain Linked.
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United States Construction VIP: Public: SL: WS: Plant data was reported at 0.401 USD bn in May 2018. This stayed constant from the previous number of 0.401 USD bn for Apr 2018. United States Construction VIP: Public: SL: WS: Plant data is updated monthly, averaging 0.352 USD bn from Jan 1993 (Median) to May 2018, with 305 observations. The data reached an all-time high of 0.597 USD bn in Oct 2008 and a record low of 0.117 USD bn in Jan 1995. United States Construction VIP: Public: SL: WS: Plant data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.EA001: Value of Construction Put in Place (VIP): Current Price.
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As per Cognitive Market Research's latest published report, the Global PEX Pipe market size will be $8,758.65 Million by 2028. PEX Pipe Industry's Compound Annual Growth Rate will be 6.16% from 2023 to 2030.
Asia Pacific PEX Pipe market size will be USD 3,345.81 Million by 2028.
Factors Affecting the PEX Pipe Market
Rapid Growth in Construction Industry
The global construction industry has been growing at a steady pace in the last few years. According to the Construction Association in the US, the construction industry contributes around USD 1.3 trillion in construction activities, thereby driving the growth of the market.
The increased per capita income in emerging economies such as China and India, and reduced unemployment in developed countries are driving the construction industry. Increasing economic growth is expected to fuel investments in new buildings and the improvement of existing facilities. In the US, the spending on the private sector’s construction activities is expected to reach around 1 billion by 2021. Moreover, according to the US
Bureau of Economics, the construction industry’s contribution to the US economy reached over USD 650 billion since 2008. This has led to the increased adoption of the PEX pipes in the construction industry, thereby driving the growth of the market.
Increased construction activities in the developing countries in India, is one of the significant factors, which drives the demand for the PEX pipes. India is expected to make an investment of around USD 777.7 billion by 2023. The increased investment in construction activities in developing countries has led to the increased adoption of the PEX pipes, thereby driving the growth of the market.
Restructuring of the buildings is occurring in developed countries during its expansion process. Countries with tourism prospects are increasing facilities for visitor accommodation, which is boosting the construction industry. The rapid growth in the construction industry is attributed to high economic growth in developing economieslow interest rates in most developed countries, rising demand for elderly-friendly infrastructure, and technological advancement. Developments in the construction industry are expected to continue owing to growing investment in green energy production capability and urbanization. The PEX pipes are used in construction activities, thus boosting the market during the forecast period.
Advantages of affordability and high resistance are driving market demand
Restraints for PEX Pipe Market
High Market Fragmentation. (Access Detailed Analysis in the Full Report Version)
Opportunities for PEX Pipe Market
Growth in E-commerce and Emerging market. (Access Detailed Analysis in the Full Report Version)
Introduction of PEX Pipe
PEX pipe is cross linked made from polyethylene. The PEX Pipe has three types PE-Xa which is cross-linked using peroxide technology, PE-Xb cross linking through silane method technology and PE-Xc using irradiation method. It is used in building services, pipework systems, hydronic radiant heating and cooling system, domestic water piping, insulation for high tension electric cables. It is also used for natural gas and offshore applications, chemical transportation, transportation of sewage and slurries, it is used for residential water pipes. It is used for water supply, plumbing heating applications. The PEX pipe used in construction industries, automotive, commercial, residential applications.
The benefits of PEX pipe that provides fire proof, safe installation, low-maintenance, cost-effective, UV resistant, Corrosion, abrasion, temperature resistant. It provides durability in harsh environment and even at high operating temperature. The PEX pipe have proven their efficacy in varied applications, which increase their demand in the market.
The PEX market is segmented into HDPE, LDPE, PE-Xa type and its applications are in Automotive, Mining, Appliances.
There is increase in the demand for PEX pipe in Automotive industry and is used for automotive cables and wire. PEX pipe are corrosion and temperature resistant, the key players used pre-insulated carrier pipes used in the automotive cables and wires to ensure safety of user. The increasing demand of automotive vehicles and components increases the demand for PEX pipe.
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The construction sector employed almost 8.3 million people in the United States in January 2025, which was the highest number since the 21st century. There is a strong correlation between the amount of investment in construction and demand for workers. For example, in the years following the 2008 financial crisis, the value of new construction put in place in the U.S. decreased, which also translated in lower employee numbers in the construction sector. How to improve the job shortage? Many contractors have reported difficulty finding skilled workers recently. However, that has not only been the case in the construction industry, but in many other sectors of the economy too. For example, U.S. restaurants reported shortages in different positions in the past years. Although there are many reasons why workers may quit, in general, an increase in the salaries of construction employees may help in reducing the number of resignations. Worker shortages in Europe The United States is not the only country where companies have been facing these challenges. Thus, the percentage of French infrastructure companies reporting staff shortage peaked in 2019 and 2023. However, there are certain industries that struggle finding new employees more than construction. Social and care work had the highest skilled labor shortages in Germany.