Press

Construction Spending Falls to $2.132 Trillion Seasonally Adjusted Annual Rate as Construction Activity is Yet to Start on Many Federally Funded Projects and Multifamily Housing Glut Leads to Reduced Outlays Construction spending inched down by 0.1 percent from July to August as a downturn in single- and multifamily residential building outweighed selective gains in nonresidential…

Texas and Alaska Top Lists of Numerical and Percentage 12-Month Gains, While Maryland and Maine Lag; Texas and Wyoming Post Highest Monthly Increases, While California and Tennessee Have Worst Losses Construction employment increased in 39 states in August from a year earlier, while 27 states and the District of Columbia added construction jobs between July and…

Average Construction Pay Hits $35.81 an Hour as Recently Released Survey Results Indicate Firms Would Likely Have Hired Even More Workers if they Could Find Enough Qualified People to Add to their Payrolls The construction sector added 34,000 jobs in August while the industry’s unemployment rate fell to 3.2 percent, the lowest August rate in…

Drop in Spending Likely Caused by the Fact 94 Percent of Construction Firms Report They are Having a Hard Time Finding People to Hire as Construction Spending Falls to an Annual Rate of $2.162 Trillion Construction spending slid 0.3 percent from June to July, pulled down by declines in private residential and nonresidential construction, according…

94 Percent of Construction Firms Report Having a Hard Time Finding Workers to Hire, Undermining Efforts to Build Infrastructure & Other Projects As Industry Calls for Better Federal Workforce Policies The nation’s failure to invest in construction workforce education and training programs is having a real, measurable impact on the country’s ability to build infrastructure…

Houston-The Woodlands-Sugar Land, Texas and Anchorage, Alaska Have Highest Number and Percentage  of Year-over-Year Job Gains, While New York City and Duluth, Minn.-Wis. Experience Worst Job Losses Construction employment rose in 232, or 65 percent, of 358 metro areas between July 2023 and July 2024, according to an analysis by the Associated General Contractors of America of new…

Florida and Alaska Top Lists of Numerical and Percentage 12-Month Gains, While New York and Maine Lag; Florida and Tennessee Post Highest Monthly Increases, While New York and Arkansas Have Worst Losses Construction employment increased in 39 states in July from a year earlier, while 29 states and the District of Columbia added construction jobs between…

Construction Firms Add 25,000 Jobs In July With Gains In All Subsectors As Pay Rises Faster Than Other Industries, Unemployment Rate Holds Steady Average Construction Pay Hits $35.77 an Hour as Firms Work to Hire Enough People to Keep Pace with Demand, Construction Officials Urge Public Officials to Boost Support for Workforce Education The construction…

Construction Spending Slides 0.3 Percent In June As Drop In Homebuilding And Major Public Segments Outweighs Selected Nonresidential Gains Construction Spending Dropped to a Seasonally Adjusted Annual Rate of$2.148 trillion in June as Construction Officials Urge Biden Administration to Ease Regulatory Barriers for Infrastructure Projects Construction spending slid 0.3 percent from May to June as…

Tue, 07/30/2024 – 11:45 Houston-The Woodlands-Sugar Land, Texas and Lawton, Okla. Experience Highest Number and Percentage  of Year-over-Year Job Gains, While New York City and Duluth, Minn.-Wis. Have Worst Job Losses Construction employment rose in 215, or 60 percent, of 358 metro areas between June 2023 and June 2024, according to an analysis by the Associated General Contractors…