News
Construction Spending Dips In May As New Residential Activity Stalls, While Nonresidential Projects Decline For Third Consecutive Month
Fri, 07/01/2022 – 11:15 Construction Association Officials Note that Labor Shortages and Supply Chain Problems are Limiting Construction Capacity, Urge Public Leaders to Support Construction-Focused Programs, End Tariffs Total construction spending edged down 0.1 percent in May as spending on new houses and apartments stalled, while public and private nonresidential construction slumped, according to an analysis…
Read MoreTwo-thirds Of Metro Areas Add Construction Jobs From May 2021 To May 2022 But Lack Of Workers Holds Back Employment In Some Areas
Wed, 06/29/2022 – 10:59 Houston-The Woodlands-Sugar Land, Texas and Cheyenne, Wyo. Post the Largest Gains Over 12 Months; Orlando-Kissimmee-Sanford, Fla. and Niles-Benton Harbor, Mich. Experience the Worst Declines in Past Year Construction employment increased in two out of three U.S. metro areas between May 2021 and May 2022, according to an analysis by the Associated General Contractors of America…
Read MoreSuspending The Federal Gas Tax Won’t Provide Relief At The Pump, But Will Add To The Pain Of Using America’s Roads And Rails
Wed, 06/22/2022 – 10:42 Construction Official Says “Desperate” Proposal Won’t Address Root Causes of Higher Fuel Prices, But Will Blow a Huge Hole in the Federal Highway Trust Fund and Undermine Efforts to Fix Infrastructure The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, issued the following statement today in…
Read MoreForty-Three States & D.C. Add Construction Jobs During the Past Year, But Only 22 States Added Construction Jobs Between April & May Amid Labor and Supply Shortages
Fri, 06/17/2022 – 13:33 Texas & New Mexico Have Strongest Gains Since May 2021, While Kentucky & Hawaii Have Worst Declines; Texas & Minnesota Top Lists of One-Month Increases, New York & North Dakota Lose Most Last Month Forty-three states and the District of Columbia added construction jobs during the past twelve months, but momentum…
Read MoreContractors’ Bid Prices Finally Match Runup In Materials Prices, But Continuing Cost Increases Will Maintain Pressure On Profit Margins
Tue, 06/14/2022 – 10:53 Wide Range of Inputs Post Double-Digit Increases, Led by 85 Percent Jump in Price Index for Diesel Fuel, 80 Percent for Liquid Asphalt, 33 Percent for Steel Mill Products, and 32 Percent for Architectural Coatings Contractors’ bid prices for constructing new nonresidential buildings finally caught up with soaring costs for the materials…
Read MoreConstruction Employment Climbs By 36,000 In May, While Hourly Earnings Rise At Fastest Yearly Rate In 40 Years As Firms Scramble To Fill Positions
Fri, 06/03/2022 – 11:04 Association Officials Push for New Construction Training Programs & Immigration Reforms as Labor Shortages Lead to Record Job Openings that are Undermining Construction Activity Rapidly rising hourly earnings enabled the construction industry to add 36,000 employees in May, but a record number of job openings going into the month suggests contractors…
Read MoreGovernment-Mandated Project Labor Agreements Would Keep Three-Quarters Of Firms From Bidding On New Federal Projects, Survey Finds
Thu, 06/02/2022 – 10:30 Survey of Federal Contractors Also Finds that the Biden Administration’s Plans to Impose Project Labor Agreements Will Make It Harder for Firms to Subcontract with Small, Minority & Disadvantaged Businesses Nearly three-quarters of federal contractors report they will stop bidding on federal projects if the Biden administration were to follow through…
Read MoreNonresidential Construction Spending Declines In April As Contractors Struggle To Find Workers Amid Record Job Openings, Low Unemployment
Wed, 06/01/2022 – 12:04 Construction Association Officials Say Workforce Shortages are Limiting Construction Activity, Urge Leaders to Boost Funding for Construction-Focused Education & Training Programs, Reform Immigration Spending on nonresidential construction projects declined for the second month in a row in April as contractors coped with an all-time high for job openings, according to an…
Read MoreTwo-Thirds Of Metro Areas Add Construction Jobs Between April 2021 And April 2022 But Low Unemployment Rate Leaves Many Positions Open
Tue, 05/31/2022 – 10:21 Houston-The Woodlands-Sugar Land, Texas and Cheyenne, Wyo. Post the Largest Gains Over 12 Months; Orlando-Kissimmee-Sanford, Fla. and Lewiston, Idaho-Wash. Experience the Worst Declines in Past Year Construction employment increased in two-thirds of U.S. metro areas between April 2021 and April 2022, according to an analysis by the Associated General Contractors of America of new government…
Read MoreSixty-Four Percent Of Firms Working On Highway Upgrades Experienced Cars Crashing Into Their Work Zone During The Past Year, New Data Finds
Wed, 05/25/2022 – 12:38 Annual Survey by HCSS and Associated General Contractors of America Finds Drivers and Passengers are at Greater Risk of Injury and Death in Work Zone Crashes, As Officials Urge Drivers to Be Careful this Summer Sixty-four percent of highway contractors report that motor vehicles had crashed into their construction work zones…
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