Plumbing Manufacturers International’s “Plumbing Manufacturing Industry Economic Impact Study” reveals the combined, total economic impact of plumbers and plumbing manufacturers to be more than $442 billion annually, with almost 1.8 million jobs, and over $142 billion in wages.
ADP Research reports that workers hired within the previous three months represented 3.6% of construction employment on average between 2019 and 2025. In 2026, that share has climbed to 4.6%, suggesting that hiring activity is accelerating. Even so, bringing new people through the door is only part of the workforce challenge. As competition for experienced talent intensifies, contractors must focus not only on attracting workers but also on creating reasons for them to stay.
Data centers, AI infrastructure, and large commercial construction are fueling demand for industrial PVF products, even as tariffs, commodity volatility and labor shortages force manufacturers and distributors to rethink supply chain strategies.
As sustainability goals, labor shortages, and connected building technologies continue to reshape the market, valve selection has become more strategic than ever. Manufacturers say successful valve selection requires looking beyond initial cost and considering how the valve will perform as part of the overall piping system throughout the life of the building.
Contractors who continue to grow will be the ones who stay informed, embrace training, and prepare to move in the direction that the industry is heading.
The research, initially launched in 2025 with founding support from F.W. Webb Company is expanding with additional industry sponsorship from Cintas Corporation.
Initial research released by BBTT in February 2026 revealed stark projections for the industry: 25% of jobs across the original seven trades studied will be vacant by 2030. This workforce deficit is projected to trigger a $325 billion loss in U.S. GDP if left unaddressed.
Gen Z is increasingly interested in skilled trades careers, but attracting and retaining this generation will require new approaches to training, mentorship and workplace culture.
Industry leaders say Gen Z sees something previous generations may have overlooked: the trades offer purpose, opportunity and a chance to make a tangible impact every day.
In a hyper-competitive market, talent poaching happens instantly. Salary matches provide short-term retention, but fail to build long-term loyalty. The true competitive advantage comes from the daily workplace experience.
The 2026 National Plumbing Competition drew 48 of the country’s top plumbing students currently enrolled in high school, vocational, technical and post-secondary schools.