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Construction Input Costs Declined 1.3 Percent From June to July; Contractor Bid Prices Remain on the Rise

Thu, 08/11/2022 – 13:58 Prices of Concrete Products and Some Building Materials Continue to Rise, While Diesel Fuel, Asphalt, Lumber and Some Metals Fall in Month of July The price of materials and services used in nonresidential construction fell 1.3 percent last month, while contractors’ bid prices rose 5.4 percent, according to an analysis by the Associated…

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Construction Firms Add 32,000 Jobs In July As Sector’s Unemployment Rate Drops To 3.5 Percent & Number Of Unfilled Positions Nears Record Level

Fri, 08/05/2022 – 12:14 Association Official Says Labor Shortages are Keeping the Construction Sector from Adding Even More Jobs, Urges New Public Investments in Construction Workforce Development and Training Programs Construction firms added 32,000 jobs in July as the sector’s unemployment rate fell to 3.5 percent and the number of unfilled construction positions approaches record…

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Construction Employment Was Flat Or Down In 112 Of 358 Metro Areas Between June 2021 & 2022 As Firms Cope With Labor & Material Shortages

Wed, 08/03/2022 – 11:29 Houston-The Woodlands-Sugar Land, Texas and Grants Pass, Ore. Post the Largest Gains Over 12 Months; Orlando-Kissimmee-Sanford, Fla. and Bergen-Hudson-Passaic, N.J. Experience the Worst Declines in Past Year Construction employment fell in 61 and was unchanged in another 51 out of 358 metro areas between June 2021 and June 2022, according to…

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Construction Spending Falls in June with Declines in Residential and Nonresidential Activity Amid Growing Labor and Materials Shortages

Mon, 08/01/2022 – 13:28 Construction Association Official Says Supply Chain Challenges and Lack of Workers is Suppressing Demand for New Construction Amid Higher Construction Costs and Longer Schedules Total construction spending fell by 1.1 percent in June as spending on new housing and nonresidential projects declined compared to May, according to an analysis the Associated General…

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Construction Employment In June Continues To Lag Pre-Pandemic Level In 18 States As Lack Of Qualified Workers Holds Down Hiring

Fri, 07/22/2022 – 13:39 New York Has Largest Shortfall Compared to February 2020 Peak, While Utah Tops List of States with Gains; California, Connecticut Have Worst Monthly Declines, While Pennsylvania, Oregon Lead Job Gainers in June Construction employment in June continued to trail pre-pandemic levels in more than one-third of the states despite record job openings,…

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Construction Input Costs Jump 1.1 Percent From May To June, Adding To Pressure On Contractors Despite Recent Decline In Some Materials Prices

Thu, 07/14/2022 – 11:44 Recent Increases Drove Up Prices of Diesel Fuel, Building, and Paving Materials, Outweighing Decreases in Metals and Lumber Costs, While Producers Have Implemented or Announced Further Price Hikes The price of materials and services used in nonresidential construction jumped 1.1 percent last month, outpacing the rise in contractors’ bid prices, according…

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Construction Employment Climbs By 13,000 In June But Plunge In Jobseekers Leaves Industry With Record Number Of Unfilled Positions At End Of May

Fri, 07/08/2022 – 11:33 Association Has Created Recruiting and Retention Campaigns, But Construction Officials Urge Public Leaders to Establish Programs to Expose More Future and Current Workers to Construction Opportunities The construction industry added 13,000 jobs in June as the number of jobseekers with construction experience plunged to a record low for the month according…

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Construction Spending Dips In May As New Residential Activity Stalls, While Nonresidential Projects Decline For Third Consecutive Month

Fri, 07/01/2022 – 11:15 Construction Association Officials Note that Labor Shortages and Supply Chain Problems are Limiting Construction Capacity, Urge Public Leaders to Support Construction-Focused Programs, End Tariffs Total construction spending edged down 0.1 percent in May as spending on new houses and apartments stalled, while public and private nonresidential construction slumped, according to an analysis…

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Two-thirds Of Metro Areas Add Construction Jobs From May 2021 To May 2022 But Lack Of Workers Holds Back Employment In Some Areas

Wed, 06/29/2022 – 10:59 Houston-The Woodlands-Sugar Land, Texas and Cheyenne, Wyo. Post the Largest Gains Over 12 Months; Orlando-Kissimmee-Sanford, Fla. and Niles-Benton Harbor, Mich. Experience the Worst Declines in Past Year Construction employment increased in two out of three U.S. metro areas between May 2021 and May 2022, according to an analysis by the Associated General Contractors of America…

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Suspending The Federal Gas Tax Won’t Provide Relief At The Pump, But Will Add To The Pain Of Using America’s Roads And Rails

Wed, 06/22/2022 – 10:42 Construction Official Says “Desperate” Proposal Won’t Address Root Causes of Higher Fuel Prices, But Will Blow a Huge Hole in the Federal Highway Trust Fund and Undermine Efforts to Fix Infrastructure The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, issued the following statement today in…

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