New data: Construction hiring plans plummet

New data: Construction hiring plans plummet

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New data reveals construction CEOs’ hiring plans have plummeted, with just 48% planning on increasing headcount in the year ahead, the lowest percentage in the last decade with the exception of Q2 2020—per CEO coaching and peer advisory organization Vistage.

Vistage’s recent survey of construction small to midsize (SMB) CEOs also reveals:

  • 11% plan to decrease headcount in the next 12 months
  • 35% report it is easier to fill job openings than at the start of the year
  • 46% expect increased revenues (vs. 55% nationally) and 39% expect rising profits (vs. 42% nationally) in the year ahead
  • When asked about their view of the U.S. economy:
    • 33% report approaching a recession
    • 15% indicate a current recession
    • 34% anticipate a soft landing will occur
    • 13% report a soft landing has already occurred


Please see here for the full report.

CCR NYC Facilities & Construction was held September 28th, 2023 Noon to 4 PM at Penthouse 45.
The 14th Annual 2024 Hybrid Summit will be held January 2024, Date & Location TBD.

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January 26th, 2023
The 13th Annual Hybrid Summit was held on January 26th, 2023 Noon to 4 PM EST.

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2023 Virtual Men’s Round Tables

2023 Men’s Round Table #1 will be held on November 7th, 2023

2023 Virtual Women’s Round Tables

2023 Women’s Round Table #1 was held on October 20th, 2023


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