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Materials Prices For Nonresidential Construction Soar 21 Percent From February 2021 To February 2022; Association Warns Of More Cost Increases

Materials Prices For Nonresidential Construction Soar 21 Percent From February 2021 To February 2022; Association Warns Of More Cost Increases | Mar. 15, 2022 | News Tuesday, 03/15/2022 – 12:23 p.m. Diesel Fuel Prices Spiked 57.5 Percent and Steel Mill Product Prices Surged by 74.4 Percent Compared to a Year Ago, Squeezing Already Narrow Margins for Contractors and…

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Construction Employment Remains Below Pre-Pandemic Levels In 21 States And D.C. As Spiking Materials Prices Hinder Sector’s Recovery

Construction Employment Remains Below Pre-Pandemic Levels In 21 States And D.C. As Spiking Materials Prices Hinder Sector’s Recovery | Mar. 14, 2022 | News Monday, 03/14/2022 – 1:11p.m. New York & North Dakota Have Worst Losses Since February 2020, While Utah and Montana Added the Most, Illinois Registers Worst One-Month Job Loss, North Carolina & Mississippi Top Monthly Gains…

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Construction Industry Adds 60,000 Jobs In February As Hourly Wages Post Steepest Rise Since 1982; Competition For Workers Expected To Intensify

Construction Industry Adds 60,000 Jobs In February As Hourly Wages Post Steepest Rise Since 1982; Competition For Workers Expected To Intensify | Mar. 4, 2022 | News Friday, 03/04/2022 – 12:13 p.m.   Contractors Association Urges Washington Officials to Boost Funding for Career and Technical Education, Open More Apprenticeship Opportunities to Attract and Prepare Workers for Careers in…

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Construction Spending Rose In January From December And January 2021 But Public Construction Is Being Delayed By Inaction In Washington

Construction Spending Rose In January From December And January 2021 But Public Construction Is Being Delayed By Inaction In Washington | Mar. 1, 2022 | News Tuesday, 03/01/2022 – 11:53 a.m. Association Officials Note Congress Has Yet to Fund Promised Increases in Infrastructure Funding Outlined In the Bipartisan Infrastructure Act, While Administration Adds Restrictions Congress Didn’t Put in…

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Materials Prices Soar 20 Percent Between January 2021 And January 2022; Contractors’ Bid Prices Accelerate But Continue To Lag Cost Increases

Materials Prices Soar 20 Percent Between January 2021 And January 2022; Contractors’ Bid Prices Accelerate But Continue To Lag Cost Increases | Feb. 15, 2022 | News Tuesday, 02/15/2022 – 11:24 a.m. Construction Association Releases New Inflation Alert to Inform Owners, Officials of Cost, Supply, and Labor Challenges; Urges Federal Officials to Take Additional Steps to Ease Supply…

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Senate Democrats’ Proposal To Suspend The Federal Gas Tax Will Not Lower Prices But Will Make It Harder To Fix Roads And Bridges

Senate Democrats’ Proposal To Suspend The Federal Gas Tax Will Not Lower Prices But Will Make It Harder To Fix Roads And Bridges | Feb 10, 2022 | News Thursday, 02/10/2022 – 2:43 p.m. Construction Official Says “Irresponsible” Proposal Won’t Address Root Causes of Higher Fuel Prices, But Will Blow a Huge Hole in the Federal Highway Trust…

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Construction Employment Dips In January Despite Record Rise In Wages, Falling Unemployment As Quest For Workers Intensifies Among Industries

Construction Employment Dips In January Despite Record Rise In Wages, Falling Unemployment As Quest For Workers Intensifies Among Industries | Feb 4, 2022 | News Friday, 02/04/2022 – 12:01 p.m. Contractors Association Prepares Updated Construction Inflation Alert as Tight Labor Market, Soaring Materials Costs, and Supply Chain Disruptions Threaten to Delay Projects and Undercut Further Job Gains Construction…

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Biden Order Imposing Project Labor Agreements On Federal Projects Will Inflate Construction Costs, Discriminate Against Most Workers

Biden Order Imposing Project Labor Agreements On Federal Projects Will Inflate Construction Costs, Discriminate Against Most Workers | Feb 4, 2022 | News Friday, 02/04/2022 – 10:50 a.m. Needless Executive Order Contradicts Viewpoints of Career Federal Procurement Officials, Who Saw No Benefit to PLAs in 99.4 Percent of Projects, Will Undermine Existing Collective Bargaining Agreements The chief executive…

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Majority Of Metro Areas Added Construction Jobs In 2021, But Soaring Job Openings Indicate That Labor Shortages Are Only Getting Worse

Majority Of Metro Areas Added Construction Jobs In 2021, But Soaring Job Openings Indicate That Labor Shortages Are Only Getting Worse | Feb 2, 2022 | News Wednesday, 02/02/2022 – 10:11 a.m. Houston-The Woodlands-Sugar Land, Texas and Sioux Falls, S.D. Score the Largest 12-Month Increases; Nassau County-Suffolk County, N.Y. and Evansville, Ind.-Ky. Experience the Worst Year-over-Year Declines Construction employment…

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Construction Spending Increased In December For The Month And Year, But Nonresidential And Public Construction Lagged Residential Sector

Construction Spending Increased In December For The Month And Year, But Nonresidential And Public Construction Lagged Residential Sector | Feb 1, 2022 | News Tuesday, 02/01/2022 – 12:37 p.m. Association Officials Note Congress Has Yet to Appropriate the Increases in Infrastructure Funding Outlined in the Bipartisan Infrastructure Bill, Urge Swift Action to Rebuild Aging Infrastructure Construction spending increased…

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