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Solid gains in commercial, manufacturing and office construction offset declines in power, 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 federal spending data the Associated General Contractors of America released Aug. 1.
Construction officials say permitting delays appear to be holding up public construction activity, warn that firms continue to struggle to find enough workers to hire amid labor shortages
Total construction spending increased by 0.3 percent in March as growth in manufacturing and education pulled up nonresidential construction spending for the month, according to an analysis by the Associated General Contractors of America on May 1 of new federal data.
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 infrastructure segments, according to an analysis today by the Associated General Contractors of America of new federal data.
Construction officials urge Biden Administration to focus on progress instead when it comes to new federal investments in infrastructure, semiconductor plant and green energy construction projects
Total construction spending decreased by 0.1 percent in February, as declines in single-family homebuilding and public construction outweighed a pickup in private nonresidential construction, according to an analysis by the Associated General Contractors of America April 3 of new federal data.
Construction officials caution that growing demand for many types of projects will strain already tight labor conditions, urge federal officials to boost construction education funding, reform immigration
Total construction spending in April increased by 1.2 percent from March and 7.2 percent year-over-year as widespread gains in nonresidential and multifamily construction spending offset a continuing plunge in single-family homebuilding, according to an analysis June 1 by the Associated General Contractors of America of new federal data.
Construction association calls on officials in Washington to speed up issuance of guidance on “Buy America” rules for construction materials and energy projects eligible for tax credits
Total construction spending decreased by 0.1 percent in January, as declines in single-family homebuilding and public construction offset marginal gains from private nonresidential construction, according to an analysis by the Associated General Contractors of America March 1 of new federal data.
The U.S. Census Bureau launched a new experimental data product that features monthly construction spending estimates for private manufacturing. These estimates measure the construction work done on private new manufacturing structures or improvements to existing structures and include the cost of labor and materials, architectural and engineering work, overhead, interest, taxes paid during construction and contractor’s profits.
Weather may account for conflicting trends on spending and jobs as construction officials warn of labor shortages and regulatory delays, urge public officials to ease red tape, boost construction training
Total construction spending decreased by 0.4 percent in December, yet industry job openings at the end of the month set a new high for December, according to an assessment the Associated General Contractors of America conducted Feb. 1 of two new federal data sets.
Association officials urge Biden Administration to address infrastructure regulatory and funding delays, released 2023 outlook during virtual briefing on Jan. 4 offering hiring and market predictions
Total construction spending increased by 0.2 percent in November, dragged down by a lack of new infrastructure projects along with a continuing slide in homebuilding, according to an analysis the Associated General Contractors of America released Jan. 3 of federal spending data. Association officials urged leaders in Washington to speed the release of funds authorized by infrastructure laws passed in 2021 and 2022 and address regulatory delays associated with those projects.
Construction spending declines 0.3 percent from September with decreases for residential, commercial, highway and manufacturing segments; contractors fill less than half the open positions in October
Total construction spending decreased by 0.3 percent for the month of October, with downturns in homebuilding and most major nonresidential categories, according to an analysis the Associated General Contractors of America released Dec. 1 of federal spending data. Association officials noted contractors are struggling to complete projects as the number of open positions at the end of October topped hires in the month.
