Articles Tagged with ''AGC (Associated General Contractors of America)''

Total construction spending declined by 0.7 percent in August as spending on new houses turned sharply lower, while public and private nonresidential construction posted mixed results, according to an analysis the Associated General Contractors of America released on Oct. 3 of federal spending data. Association officials said that rising interest rates were hurting demand for housing and many private-sector projects, while the impacts of new federal funding for infrastructure, semiconductor plants and green energy facilities have yet to fully kick in.

Construction employment increased in 246, or 69 percent, of 358 metro areas between August 2021 and August 2022, according to an analysis by the Associated General Contractors of America of new government employment data. But association officials noted the job gains likely would have been higher if firms could find more qualified people to hire and train.

Construction employment climbed in 31 states from July to August, according to a new analysis of federal employment data released by the Associated General Contractors of America on Sept. 16. The gains come even as the vast majority of contractors report they would have added more workers if they could find them, according to a survey the association released at the end of August.

The price of materials and services used in nonresidential construction declined by 1.1 percent from July to August as a steep drop in fuel prices masked increases in the cost of other construction inputs, according to an analysis by the Associated General Contractors of America of government data released on Sept. 14. Association officials cautioned that limited price declines cannot undo the harm of clogged supply lines and labor shortages.

Eleven families who lost their homes during last year’s tornadoes in western Kentucky were presented new transitional housing today, thanks to the efforts of the local construction industry and other community groups. Construction firms belonging to the Associated General Contractors of Western Kentucky, as well as the Bread of Life Humanitarian Effort, helped construct, furnish and supply the new housing.

Construction firms added 16,000 jobs in August, according to an analysis of federal employment data released on Sept. 2 by the Associated General Contractors of America. Association officials said their newly released survey, conducted with Autodesk, showed contractors are eager to hire more employees but are being stymied by a dearth of qualified workers.

Total construction spending decreased by 0.4% in July as spending on new houses and apartments tumbled, overshadowing a pickup in private nonresidential and public construction, according to an analysis the Associated General Contractors of America released on Sept. 1 of federal spending data.

Construction employment increased in 250, or 70%, of 358 metro areas between July 2021 and July 2022, according to an analysis by the Associated General Contractors of America of new government employment data. But association officials cautioned that most construction firms report they are struggling to find enough qualified workers to hire, according to a survey the association and Autodesk released Aug. 31.

Construction workforce shortages are affecting nearly all construction firms, undermining the industry’s ability to complete projects on schedule and threatening the success of new federal investments in infrastructure and manufacturing, according to the results of a workforce survey conducted by the Associated General Contractors of America and Autodesk.

The Associated General Contractors of America is launching a new effort to combat high suicide rates and improve mental health among the industry’s workers, the trade group announced today. The new effort, which the association is launching as part of its support for Suicide Prevention Month, is designed to address the high rate of suicide among construction workers.