Posts by admin@agcfla.build

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…

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…

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…

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…

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…

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…

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…