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Construction Spending Slips In July As Sharp Downturn In Homebuilding Outweighs Advances In Private Nonresidential And Public Projects

Construction Association Survey Finds Labor Shortages and Supply Chain Problems are Constraining Further Nonresidential Growth; Officials Urge Public Leaders to Reform Training and Immigration Policies Total construction spending decreased by 0.4 percent in July as spending on new houses and apartments tumbled, overshadowing a pickup in private nonresidential and public construction, according to an analysis the…

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Construction Workforce Shortages Risk Undermining Infrastructure Projects As Most Contractors Struggle To Fill Open Positions

91 Percent of Construction Firms Having a Hard Time Finding Workers to Hire, Driving Up Costs and Project Delays, New Survey by the Associated General Contractors of America and Autodesk Finds Construction workforce shortages are affecting nearly all construction firms, undermining the industry’s ability to complete projects on time and on schedule and threatening the…

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Construction Employment Increases In 250 Of 358 Metro Areas Between July 2021 And 2022 But Contractors Report Difficulty Finding Workers

Mon, 08/29/2022 – 10:32 Houston-The Woodlands-Sugar Land, Texas and Cheyenne, Wyo. Experience the Largest Gains over 12 Months; Orlando-Kissimmee-Sanford, Fla. and Bergen-Hudson-Passaic, N.J. Post the Worst Year-over-Year Decreases Construction employment increased in 250 or 70 percent of 358 metro areas between July 2021 and July 2022, according to an analysis by the Associated General Contractors of America…

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New Federal Project Labor Agreement Rule Will Prevent Most Firms From Bidding on Federal Construction Projects and Hurt Minority Firms

Thu, 08/18/2022 – 17:02 NEW FEDERAL PROJECT LABOR AGREEMENT RULE WILL PREVENT MOST FIRMS FROM BIDDING ON FEDERAL CONSTRUCTION PROJECTS AND HURT MINORITY FIRMSConstruction Official Warns That Newly Released Proposed Federal Rule for Government-MandatedProject Labor Agreements Will Limit Competition, Inflate Costs and Harm Disadvantaged Businesses The chief executive officer of the Associated General Contractors of…

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AGC PAC: The Associated General Contractors Of America Political Action Committee Endorses Representative Mullin For The U.S. Senate And State Representative Frix For The U.S. House

Thu, 08/18/2022 – 09:47 Construction Industry’s Election Fund Also Provides the Maximum Contribution to Support the Mullin and Frix Campaigns Noting Their Strong Mix of Private Sector and Legislative Experience The Associated General Contractors of America Political Action Committee, also known as the AGC PAC, announced today that it has endorsed Markwayne Mullin for the United States Senate…

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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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