Construction Spending Extends Year-to-Date Gains in August in most Public and Private Segments
Construction Spending Numbers Show Strong Continued Demand across Nearly Every Sector; Association Urges Investment in Career and Technical Education, Immigration Policy Changes to Maintain Growth
Construction spending increased 0.1 percent from July to August and 5.3 percent for eight months of 2018 combined, with continued year-to-date gains for major public and private categories, according to an analysis of new government data by the Associated General Contractors of America. Association officials said that these spending figures showed strong demand in construction across the country but that growth in the construction industry still depends on contractors' ability to find sufficient qualified workers, urging public officials to step up support for career and technical education and to allow employment-based immigration.