Construction Officials Call on Biden Administration and Congress to Take Steps to Address Supply Chain Problems That are Affecting Many Construction Projects, Undermining Industry’s Recovery
Nonresidential Construction Sector Has Yet to Hit Pre-pandemic Levels Amid Supply Chain Disruptions & Delays. Association Officials Noted that Supply Chain Problems and Materials Price Increases are Impacting Demand for Nonresidential Projects, Prompting Some Owners to Delay or Cancel Projects
The construction industry gained 22,000 jobs between August and September as nonresidential construction firms added employees for the first time in six months.
Construction Officials Call for Immediate Removal of Tariffs on Key Construction Materials, Urge Congress and the Administration to Take Steps to Repair “Every Level” of the Supply Chain
The prices contractors pay for construction materials continued to increase in August while many firms report struggles to get those materials delivered on time.
Association Officials Urged Congress to Pass the New, Bipartisan Infrastructure Bill to Boost Demand for Nonresidential Construction and Create Needed Commercial Construction Career Opportunities
Construction Officials Call for Swift Passage of the Bipartisan Infrastructure Bill, Noting the Measure Will Help Offset Continued Declines in Nonresidential Construction Activity and Create Sector Jobs
Demand for different types of construction continued to diverge in June as residential construction increased for the month and the year while nonresidential construction spending fell...again.
The cost of goods and services used in construction climbed by a record-setting 4.3 percent in May and 24.3 percent over the past 12 months, jeopardizing contractors’ solvency and construction workers’ employment.
Construction Association Calls for End to Tariffs on Lumber, Steel and Aluminum in Order to Deliver Prompt Relief Instead of Imposing New Restrictions on Hiring, Training, and Work Agreements
The construction industry is experiencing widespread and growing problems with the cost and supply of materials. These challenges will make it more costly and difficult to achieve the administration’s goals for infrastructure, renewable energy, and affordable housing.
Construction Officials Say New Infrastructure Funding, Tariff Relief and Measures to Reduce Manufacturing and Delivery Delays for Key Materials Needed to Jump Start Nonresidential Activity
Nonresidential construction spending in April declined for the fifth-straight month to a two-year low as demand waned for numerous public and private project categories in the face of lengthening production and delivery times for materials, along with fast-rising prices for many items, according to an analysis of new federal construction spending data by the Associated General Contractors of America.
Construction employment in April remained below the pre-pandemic high set in February 2020 in 36 states and the District of Columbia, despite increases from March to April in 26 states.
Construction Officials Say New Infrastructure Investments, Tariff Relief for Key Construction Materials are Needed to Help Contractors Cope with Continued Economic Impacts of the Pandemic
Nonresidential construction spending fell to a two-year low in March as contractors struggled with slumping demand for most project types and growing shortages of materials, transport, and workers, according to an analysis of new federal construction spending data by the Associated General Contractors of America.