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Construction Spending Grows 0.5 Percent In June To An Annual Rate Of $1.94 Trillion As Demand For Residential & Nonresidential Construction Rises

Solid Gains in Commercial, Manufacturing and Office Construction Offset Declines in Power and Highway and Street Construction Between May and June as Association Officials Call on Feds to Clarify Project Regs Total construction spending increased by 0.5 percent in June driven by increases in most residential and nonresidential construction segments, according to an analysis of…

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Florida Today Post: Construction industry worker, supply shortages impacting commercial, residential projects

By Dave Berman and Laura Layden Published: 5:00 a.m. ET July 19, 2023 Updated: 12:03 p.m. ET July 19, 2023 Original Source A shortage of both workers and building materials continues to plague Florida’s construction industry, triggering delays and cost increases involving residential, commercial, and even government projects from Tallahassee to West Palm Beach to Naples.…

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Construction Employment Increases In 45 States From June 2022 To June 2023, While 33 States Add Construction Employees From May To June

Texas and Arkansas Top List of Yearly Gains, While Missouri, North Dakota, and Vermont Have Worst Losses; Texas and South Dakota Lead in Monthly Job Increases, While Virginia and Iowa Experience Largest Declines Construction employment increased in 45 states in June from a year earlier, while 33 states added construction jobs from May to June, according…

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Construction Association And Coalition Of Employer Groups Files Suit To Block Biden Administration’s Unlawful New Waters Of The U.S. Rule

Associated General Contractors of America Partners with Other Groups in Challenging Rule’s Unlawful Effort to Regulate Large Sections of Dry Land and Wet Areas Lacking Connections to Navigable Waterways The Associated General Contractors of America joined with a range of employer groups representing a broad cross-section of the economy in filing a lawsuit yesterday to…

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Overall Costs For Construction Materials Decline Steeply In December But Contractors Remain Wary Costs Will Go Up Again In The Year Ahead

Prices for Some Key Components Have Already Begun Rising in January While New Buy America Requirements Will Inflate the Cost of Many Materials, Construction Association Officials Caution Plunging prices for diesel fuel, lumber, and steel cooled inflation for materials and services used in construction in December, but relief may be short-lived, according to an analysis by the…

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Construction Adds 28,000 Employees In December And Raises Pay 6.1 Percent As Sector’s Unemployment Rate Hits Record December Low Of 4.4 Percent

Association Survey Finds Contractors Optimistic about Adding Workers in 2023 But Worried about Finding Enough Workers to Fill Positions; Calls for Immigration Reform and Investments in Construction Education Construction firms added 28,000 employees in December and continued to raise wages for hourly workers more than other sectors as the industry’s unemployment rate fell to a…

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Construction Firms Look To Public Sector Demand As Outlook For Private-Sector Projects Dims In 2023; 69 Percent Of Firms Plan To Hire In The New Year

New Industry Outlook Survey Shows Contractors Expect Infrastructure and Other Public-Sector Funding Will Help As Growth Slows for Many Types of Private Construction, but Labor Shortages and Supply Chain Issues Persist Construction contractors are less optimistic about many private-sector segments than they were a year ago, but their expectations for the public sector market have…

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Construction Spending Edges Up 0.2 Percent In November As Homebuilding Drop, Stalled Public Projects Offset Most Private Nonresidential Gains

Association Officials Urge Biden Administration to Address Infrastructure Regulatory and Funding Delays, Will Release 2023 Outlook During Virtual Briefing on January 4th Offering Hiring and  Market Predictions Total construction spending increased by 0.2 percent in November, dragged down by a lack of new infrastructure projects along with a continuing slide in homebuilding, according to an…

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Construction Employment Grows in 268 of 358 Metro Areas From November 2021 to 2022 as Demand Outpaces Labor Supply in Some Markets

Construction employment increased in 268 of 358 metro areas between November 2021 and November 2022, according to an analysis by the Associated General Contractors of America of new government employment data. Association officials said the job gains likely would have been higher but that many contractors report that demand for new projects is outpacing the availability of workers…

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Construction Employment Increases in 38 States Between October And November, While 42 States Add Jobs Since November 2021

Florida and Rhode Island Lead in Monthly Job Gains, While Texas and Colorado Have Largest Decreases; California and North Dakota Top List of Year-over-Year Gains, While South Carolina Has Largest Losses Construction employment climbed in 38 states from October to November and 42 states added construction jobs during the past 12 months, according to a new…

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