Economy

Hammer time: US construction index at record high, more work than workers

By Paul Bedard
Published September 17, 2019 6:31pm ET
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Hammer time: US construction index at record high, more work than workers
In this June 19, 2019, photo a worker carries supplies for a new house in a Brandon, Mississippi, neighborhood. | (AP Photo/Rogelio V. Solis)

Optimism in the U.S. construction industry has reached a record high, with builders forced to push off work because finding help is difficult due to the historic unemployment low.

The new Commercial Construction Index, compiled by the U.S. Chamber of Commerce and USG Corp., climbed to a record high in the third quarter, with 77% of commercial contractors optimistic about their future.

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Chamber of Commerce Construction Labor