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• Across the construction industry, net hiring
was flat compared to Q2 of 2022.
• Hiring for general contractors decreased
4.3% compared to Q2 of 2022.
• Hiring for heavy highway and civil contractors
decreased 3.2% compared to Q2 of 2022.
• Hiring for specialty contractors decreased
1.8% compared to Q2 of 2022.
• Regionally:
› Southeast hiring increased
3% compared to Q2 of 2022.
› Midwest hiring increased
1.5% compared to Q2 of 2022.
› Pacific West decreased
1.5% compared to Q2 of 2022.
› Northeast hiring decreased
2.6% compared to Q2 of 2022.
› Plains hiring decreased
6.5% compared to Q2 of 2022.
Potential Impact
For the past several quarters,
hiring has been flat or slightly
increasing so it's a bit disappointing
to see hiring decreasing across
all verticals and within many of
the regions, particularly the Plains,
which saw the biggest decline.
At the same time, a decrease
in hiring shouldn't be too surprising
given the steep declines seen in
new projects and contract values,
which could indicate that there
simply isn't enough work to
warrant an increase in hiring.
Hiring
Trends
Construction Activity Index - Q2 2023 ©Trimble Viewpoint, Inc. All Rights Reserved.
Construction Metric Index
