Posts by admin@agcfla.build
Costs Accelerate Again In July For Nonresidential Construction Materials As Tariff Drive Up Prices For Aluminum, Steel And Copper Items
Largest Increase in Two and a Half Years Comes as Construction Officials Urge Administration to Finalize Negotiations with Key Trading Partners to Ease Punitive Tariffs Levels that Went into Effect This Year The producer price index for materials and services used in nonresidential construction rose 0.5 percent in July and 2.6 percent from July 2024,…
Read MoreConstruction Employment Inches Up By 2,000 Jobs In July, While Spending Declines By 0.4 Percent In June As Owners Defer And Cancel New Projects
Year-over-Year Gains in Employment Slow Sharply from Previous 12 Months; Private Residential and Nonresidential Outlays Decline from May and from June 2024, Offsetting Small Gain in Public Spending Construction employment edged higher by 2,000 jobs in July, as spending on projects underway in June decreased 0.4 percent from May, according to an analysis of two new government…
Read MoreConstruction Employment Stalls With Only Half Of Metro Areas Adding Jobs From June 2024 To June 2025 As Industry Is Stuck In A “Holding Pattern”
Arlington-Alexandria-Reston, Va.-W.Va. and Las Cruces, N.M. Again Lead in Number and Percentage of Yearly Job Gains, While Riverside-San Bernardino-Ontario, Calif. and Niles, Mich. Have Worst Declines Exactly half of the nation’s metro areas added construction jobs between June 2024 and June 2025, according to an analysis by the Associated General Contractors of America of new government employment data. Association officials noted that…
Read MoreNonresidential Construction Materials and Services Costs Accelerate Again in June as Industry Awaits Impact of Announced Tariff Increases
Steel and Concrete Prices Remain Elevated While Most Other Materials Stay Flat; AGC Warns That Tariff Pressures Could Reignite Cost Volatility, Undermine Benefits of New Tax and Regulatory Efforts The producer price index for materials and services used in nonresidential construction rose 0.2 percent in June and 2.3 percent from June 2024, the largest 12-month…
Read MoreConstruction Firms Add 15,000 Jobs In June As Hourly Wages In The Sector Rise To $37.20 As Firms Strive To Retain Workers Amid Market Uncertainty
Nonresidential Sector Continues Steady Employment Gains Even as Residential and Heavy Civil Construction Falls; As the Construction Unemployment Rate Falls to Near Historic Low of 3.4 Percent Construction sector employment increased by 15,000 positions in June as rising wages enabled the industry to add workers more rapidly than other sectors, according to an analysis of new government…
Read MoreConstruction Spending Decreases By 0.3 Percent From April To May And 3.5 Percent Over 12 Months, Marking Largest Yearly Drop Since 2019
Public Sector Gains Offset by Continued Declines in Private Sector Construction Activity as Uncertainty about Tariffs, Taxes, and Labor Policy Prompt Developers to Reconsider or Delay Projects Construction spending fell for the fourth month in a row in May, declining 0.3 percent from April and 3.5 percent from a year earlier, the largest year-over-year decrease…
Read MoreOnly Half Of Metro Areas Add Construction Jobs From May 2024 To May 2025, As Owners Pause Or Cancel Work Amid Tariff And Policy Uncertainty
Arlington-Alexandria-Reston, Va.-W.Va. and Las Cruces, N.M. Again Lead in Number and Percentage of Yearly Job Gains, While Riverside-San Bernardino-Ontario, Calif. and Niles, Mich. Have Worst Declines Construction employment increased in 180, or exactly 50 percent, of 360 metro areas between May 2024 and May 2025, according to an analysis by the Associated General Contractors of America of new government employment data. Association…
Read MoreConstruction Employment Increases In 33 States And D.C. From May 2024 To May 2025; 27 States And D.C. Add Construction Jobs From April To May
Texas and New Mexico Have Highest 12-Month Gains, While California and Washington Have the Worst Yearly Losses; Michigan and Montana Top Monthly Gainers; Vermont, Virginia & California Have the Worst Declines Construction employment increased in 33 states and the District of Columbia in May from a year earlier, while 27 states added construction jobs between…
Read MoreConstruction Sector Adds 4,000 Jobs In May As Wages Rise And Firms Retain Workers, But Market Uncertainty Has Led To A Slowdown In Hiring
Increases in Nonresidential Construction Employment were Tempered by Declines in Residential Construction Jobs; Average Hourly Earnings Up 4.7 Percent as Unemployment Rate Falls to 3.5 Percent Construction sector employment increased by 4,000 positions in May as rising wages enabled the industry to add workers more rapidly than other sectors, according to an analysis of new government data…
Read MoreConstruction Spending Decreases By 0.4 Percent From March To April And 0.5 Percent Over 12 Months, Marking First Year-over-year Drop Since 2019
Private Nonresidential Investment and Homebuilding Decline as Uncertainty over Tariffs and Trade Friction Keeps Contractors and Owners Guessing about Costs and Demand for Upcoming Projects Construction spending fell for the third month in a row in April, declining 0.4 percent from March and 0.5 percent from a year earlier—the first year-over-year decrease since April 2019,…
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