Posts by admin@agcfla.build

New Data Shows the Construction Industry Continues to Struggle to Offset Rising Prices for Materials and Subcontractor Services, As Price Decline in Latest Month Fails to Offset Annual Cost Increases The price of materials and services used in nonresidential construction continued rising at a double-digit rate in November from a year earlier, propelled by outsized…

New Videos Featuring Stories from Workers Who Overcame Challenges are Part of the Associated General Contractors of America’s Efforts to Address High Rates of Suicide in Construction The Associated General Contractors of America released a series of video public service ads today that feature real industry professionals who have felt the impact of suffering with mental health…

But Record-Tying Low Unemployment Rate of 3.9 Percent and Elevated Number of Job Openings Suggest Construction Industry Continues to Fall Short of Hiring as Many Workers as It Needs Construction companies added 20,000 employees in November and continued to raise wages for hourly workers more steeply than other sectors as the industry’s unemployment rate tumbled, according…

Construction Spending Declines 0.3 Percent from September with Decreases for Residential, Commercial, Highway, and Manufacturing Segments; Contractors Fill Less Than Half the Open Positions in October Total construction spending decreased by 0.3 percent for the month of October with downturns in homebuilding and most major nonresidential categories, according to an analysis the Associated General Contractors…

Houston-The Woodlands-Sugar Land, Texas and Provo-Orem, Utah Post the Largest Year-over-Year Gains; Orlando-Kissimmee-Sanford, Fla. and Baton Rouge, La. Experience the Worst Decreases over 12 Months Construction employment increased in 268 or 75 percent of 358 metro areas between October 2021 and October 2022, according to an analysis by the Associated General Contractors of America of new government employment data. Association…

New York and North Dakota Add the Most Jobs, While Pennsylvania and Louisiana Have Largest Decreases;Open Positions at End of September Exceeds Total Number of Employees Hired During the Entire Month Construction employment climbed in 27 states from September to October, according to a new analysis of federal employment data released by the Associated General…

Association Officials Caution that Higher Construction Costs Could Undermine Demand for Projects, Urge Biden Administration to Remove Tariffs on Key Materials, Continue to Untangle Supply Chains A measure of construction contractors’ bid prices moved sharply higher in October as firms coped with ongoing supply-chain challenges and a tight labor market, according to an analysis by the Associated…

Construction Pay Continues to Increase as Average Hourly Earnings Hits $35.27, as Industry Officials Push for Measures to Encourage More People to Pursue High-Paying Construction Careers The construction industry added only 1,000 employees in October while it continued to boost wages for hourly workers as firms compete to hire from a small labor pool, according…

Construction Spending Hits $1.811 Trillion in September Driven by Big Boosts in Annual Manufacturing, Lodging & Commercial Activity, Transportation Investments Lag as Regulations Bog Down Infrastructure Total construction spending increased by 0.2 percent for the month of September and by 10.9 percent for the year as nonresidential construction activity now outpaces residential construction, according to…

Construction Industry’s Election Fund Also Provides the Maximum Contribution to Support Mr. Laxalt’s Campaign Noting His Long-Time Support for Common Sense, Pro-Growth Measures The Associated General Contractors of America Political Action Committee, also known as the AGC PAC, announced today that it has endorsed Adam Laxalt for the United States Senate. AGC PAC officials said they are…