News
Massive New Department of Labor Davis-Bacon Rule Misses the Mark to Modernize Regulations
Tue, 08/08/2023 – 11:03 Department of Labor Issues Final Rule on the Davis-Bacon and Related Acts Which Covers Labor Standards That Apply to Federal and Federally Assisted Construction Projects Today’s announcement makes some improvements but critically misses an opportunity to improve the wage determination process and further burdens overregulated construction contractors building and upgrading the…
Read MoreConstruction Firms Add 19,000 Jobs In July As Sector’s Unemployment Level Hits 3.9 Percent And Average Sector Pay Increases To $34.24 Per Hour
Fri, 08/04/2023 – 11:43 Construction Employment Reaches 7,791,000 in July as Data Shows Firms Can’t Find Enough Workers to Replace Retiring Workers, Association Officials Call for New Investments in Construction Education The construction industry added 19,000 jobs in July even as the sector’s unemployment rate increased, according to an analysis of new government data the Associated General…
Read MoreConstruction Employment Increases In 221 Of 358 Metro Areas From June 2022 To June 2023 As Firms Struggle To Find Qualified Workers
Wed, 08/02/2023 – 16:56 Dallas-Plano-Irving, Texas and Corvallis, Ore. Experience Largest Number and Percentage of Gains; St. Louis, Mo.-Ill. and Monroe, Mich. Have Most Extensive Construction Job Losses During the Past Year Construction employment increased in 221, or 62 percent, of 358 metro areas between June 2022 and June 2023, according to an analysis by the Associated General…
Read MoreConstruction Spending Grows 0.5 Percent In June To An Annual Rate Of $1.94 Trillion As Demand For Residential & Nonresidential Construction Rises
Solid Gains in Commercial, Manufacturing and Office Construction Offset Declines in Power and Highway and Street Construction Between May and June as Association Officials Call on Feds to Clarify Project Regs Total construction spending increased by 0.5 percent in June driven by increases in most residential and nonresidential construction segments, according to an analysis of…
Read MoreConstruction Employment Increases In 45 States From June 2022 To June 2023, While 33 States Add Construction Employees From May To June
Texas and Arkansas Top List of Yearly Gains, While Missouri, North Dakota, and Vermont Have Worst Losses; Texas and South Dakota Lead in Monthly Job Increases, While Virginia and Iowa Experience Largest Declines Construction employment increased in 45 states in June from a year earlier, while 33 states added construction jobs from May to June, according…
Read MoreConstruction Firms Add 23,000 Jobs In June As Sector’s Unemployment Rate Sets 24-year Low Of 3.6 Percent And Craft Workers’ Hourly Pay Tops $34
Construction Gains Were Evenly Split Between Residential and Nonresidential Firms for the Month, But Near-Record Job Openings at End of May Point to Ongoing Challenges in Finding Qualified Workers The construction sector added 23,000 jobs in June while the sector’s unemployment rate fell to the lowest rate ever for the month and pay levels in…
Read MoreConstruction Spending Shows Mixed Results in May as Infrastructure Categories Lag While Manufacturing Projects and Homebuilding Surge
Construction Association Urges Federal Officials to Issue Timely, Clear, and Consistent Regulations That Will Facilitate Spending to Proceed on a Wide Range of Projects Already Approved by Congress Total construction spending in May increased by 0.9 percent from April and 2.4 percent year-over-year as gains in manufacturing construction and single-family homebuilding offset a downturn in major…
Read MoreConstruction Employment Increases In 230 Of 358 Metro Areas From May 2022 To May 2023 As Contractors Try To Hire Amid Worker Shortages
Dallas-Plano-Irving, Texas and Hanford-Corcoran, Calif. Experience Largest Number and Percentage of Gains; Houston-The Woodlands-Sugar Land, Texas and Monroe, Mich. Have Most Extensive Construction Job Losses Construction employment increased in 230, or 64 percent, of 358 metro areas between May 2022 and May 2023, according to an analysis by the Associated General Contractors of America of new government employment…
Read MoreConstruction Employment Increases In 42 States And D.C. From May 2022 To May 2023, While 24 States Add Construction Employees For The Month
Texas and Arkansas Top List of Yearly Increases, While Colorado and Connecticut Experience Worst Losses; California and Louisiana Lead in Monthly Job Gains, While Indiana and Rhode Island Have Largest Declines Construction employment increased in 42 states and the District of Columbia in May from a year earlier, while only 24 states added construction jobs from…
Read MoreConstruction Materials And Services Prices Decline 0.6 Percent In May While Bid Prices Edge Up 0.1 Percent As Supply Chain Improves Broadly
Construction Firms are Getting Some Needed Relief from Rising Materials Costs, but New Buy America Rules Will Pose a Big Challenge to Firms Trying to Find Materials that Comply, Leading to Increased Costs The price of materials and services used in nonresidential construction decreased 0.6 percent from April to May, while an index that measures…
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