Houston-The Woodlands-Sugar Land and Odessa, Texas Have Worst 12-Month Employment Losses, While Seattle-Bellevue-Everett, Wash. and Sierra Vista-Douglas, Ariz. Lead List of 104 Metros with Job Gains
Association Officials Note that Continued Construction Job Gains Could be Impacted by New Infrastructure Funding Proposals, Rising Materials Prices, Erratic Delivery Schedules and Broader Market Uncertainty
Construction employment climbed by 110,000 in March as the industry recovered from severe winter weather that pushed employment down by 56,000 in February, according to an analysis by the Associated General Contractors of America of government data released.
Texas, Louisiana Have Worst Job Losses Since Pandemic Struck, While Idaho Adds the Most Jobs; California, South Carolina Have Worst One-Month Job Losses as Florida, Vermont Top Other States
Construction employment in January remained below pre-pandemic levels in all but eight states, according to an analysis by the AGC of America of government employment data released, while more firms have reduced headcount than have added to it in the past year, the association’s recent survey shows.
New Producer Price Index Data Confirms Association Survey Showing Most Construction Firms are Being Harmed by Skyrocketing Costs for Products Like Lumber while Shipping Problems Impact Project Schedules
Another round of steep price increases and supply-chain disruptions are wreaking hardships on contractors, driving up construction costs and slowing projects, according to an analysis by the Associated General Contractors of America of government data released.
Democrats' Vote in Favor of the PRO Act Will Hurt Workers and Undermine the Economic Recovery, Top Construction Industry Official Says, Urges Senate to Reject Measure Before it Harms the Economy
The House has voted in favor of the PRO Act. The chief executive officer of AGC, Stephen E. Sandherr, released a statement outlining what this means for the construction industry.
Demand for Nonresidential Construction and Public Works Will Decline Amid Ongoing Pandemic Concerns, Worsening State and Local Budgets as Association Officials Call for New Recovery Measures
Construction spending in December exhibited sharply varied trends, with downturns from a year earlier in every private category, mixed results for public construction, and double-digit increases in residential construction, according to an analysis by AGC.
New Industry Outlook Finds Most Contractors Expect Demand for Many Categories of Construction to Decline, Few Firms Expect the Industry to Recover to Pre-Pandemic Levels Soon, but will Sustain IT Investments
Most contractors expect demand for many types of construction to shrink in 2021 even as the pandemic is prompting many owners to delay or cancel already-planned projects, meaning few firms will hire new workers.
Forecast Provides Insight into How Contractors Expect the Coronavirus to Continue Impacting the Industry, Whether Demand Will Recover and If They Plan to Add Staff, Technology This Year
On Thursday, January 7 at 12 p.m. EST, the Associated General Contractors of America and Sage will release its national and state construction hiring and business forecasts for 2021 during a virtual media event.
Measure’s Modest Amount of Funding for Infrastructure Projects and Clarification that PPP Loans May Not be Taxed Will Help Offset Some of the Challenges Facing the Construction Industry
The new coronavirus recovery measure should provide some needed relief for a construction industry that is coping with project cancellations and job losses in most parts of the country.