Press

Construction Firms Have Mixed Outlook For 2024 As Expectations For Demand Remain Mostly Positive, But Less Upbeat Than Last Year Amid New Challenges New Industry Outlook Shows Firms Are Counting on Public Sector, Data Center and Manufacturing Construction to Offset Declines in Retail, Lodging & Office Work; Two-Thirds of Firms Plan to Hire; Many Worry…

Wed, 01/03/2024 – 10:21 Dallas-Plano-Irving, Texas, and Baton Rouge, La. Lead in Job Gains While Orange-Rockland-Westchester, N.Y. Experiences Worst Losses; Construction Association Prepares to Release Survey Reporting Mixed Conditions Construction employment declined in almost a quarter of metro areas between November 2022 and November 2023 as demand tapered in some parts of the country and…

Tue, 01/02/2024 – 12:40 New Spending Data Comes as Construction Association Gets Ready to Release Industry’s Predictions for Construction Spending Trends in 2024, Need for New Workers & Planned Investments in AI and Other Tech Total construction spending increased by 0.4 percent in November, as a pickup in homebuilding and some private nonresidential markets offset…

Record October Job Openings Indicate Contractors are Struggling to Attract and Retain Skilled Workers amid Tight Overall Labor Market; Association Officials Call for Investments in Construction Education Construction sector job gains slowed in November as firms added only 2,000 jobs, but wages for hourly employees accelerated and the number of unfilled positions reached record highs…

Tue, 11/07/2023 – 14:08 Administration Lacks the Legal Authority to Expand Coverage to Areas Specifically Excluded in the Law, or to Retroactively Impose Davis-Bacon Stipulations on Existing Contracts, Group Notes in its Federal Lawsuit The Associated General Contractors of America filed suit today in federal court to block the Biden Administration’s unlawful effort to expand the…

Fri, 11/03/2023 – 11:19 Both Residential and Nonresidential Firms Boost Employment as Average Hourly Pay for Construction Craft Workers Increases 5.4 Percent over the Year, Outpacing Gain for All Production Employees The construction industry added 23,000 jobs in October as unemployment rates for the sector hovered near the all-time low for the month, according to…

Wed, 11/01/2023 – 12:31 Both Residential and Nonresidential Spending Post Monthly Increases while Sharp Decline in Hiring Suggests Further Growth in Spending May Be Difficult Unless Industry Can Attract More Workers Total construction spending increased by 0.4 percent in September, yet a record-high number of job openings suggests the industry would be completing even more…

Fri, 10/20/2023 – 12:14 Texas and Wyoming Top Lists of Year-over-Year Gains, While Missouri, North Dakota Record the Worst Losses; Oregon and Rhode Island Lead in Monthly Increases, While Virginia and Alaska Experience Largest Declines Construction employment increased in 43 states and the District of Columbia in September from a year earlier, while 28 states and…

Mon, 10/16/2023 – 11:54 Local Activity is One of Thousands Planned Across the Country as Part of Construction Inclusion Week, an Industry-Wide Effort to Foster Diversity and Inclusion in High-Paying Construction Careers The Associated General Contractors of America kicked off its support for the week-long, nationwide series of events called Construction Inclusion Week with a…

Mon, 10/02/2023 – 12:08 All Major Segments Post Year-over-Year Increases, While Strength in Manufacturing, Power, Office, and Highway and Street Construction Offsets Declines in Commercial Construction between July and August Total construction spending increased by 0.5 percent in August, driven by increases in most large nonresidential construction segments in addition to residential projects, according to…