New Industry Outlook Shows Contractors Expect a Boost from the Bipartisan Infrastructure Bill and Broad-Based Private-Sector Demand, Except for Retail and Office Construction, If They Can Find Workers and Materials
January 12, 2022
Construction contractors expect increasing demand for numerous types of projects in 2022 despite ongoing supply chain and labor challenges, as most firms plan to add workers this year.
You know how the saying goes, “They can’t see the forest for the trees.” It is an interesting and confusing idiom. It generally means that someone is so focused on a detail or singular issue, they are missing the bigger picture.
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
June 14, 2021
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 Investments, Tariff Relief for Key Construction Materials are Needed to Help Contractors Cope with Continued Economic Impacts of the Pandemic
May 18, 2021
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.
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
April 16, 2021
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.