Press

Fri, 11/03/2023 – 11:19 Both Residential and Nonresidential Firms Boost Employment as Average Hourly Pay for Construction Craft Workers Increases 5.4 Percent over the Year, Outpacing Gain for All Production Employees The construction industry added 23,000 jobs in October as unemployment rates for the sector hovered near the all-time low for the month, according to…

Wed, 11/01/2023 – 12:31 Both Residential and Nonresidential Spending Post Monthly Increases while Sharp Decline in Hiring Suggests Further Growth in Spending May Be Difficult Unless Industry Can Attract More Workers Total construction spending increased by 0.4 percent in September, yet a record-high number of job openings suggests the industry would be completing even more…

Fri, 10/20/2023 – 12:14 Texas and Wyoming Top Lists of Year-over-Year Gains, While Missouri, North Dakota Record the Worst Losses; Oregon and Rhode Island Lead in Monthly Increases, While Virginia and Alaska Experience Largest Declines Construction employment increased in 43 states and the District of Columbia in September from a year earlier, while 28 states and…

Mon, 10/16/2023 – 11:54 Local Activity is One of Thousands Planned Across the Country as Part of Construction Inclusion Week, an Industry-Wide Effort to Foster Diversity and Inclusion in High-Paying Construction Careers The Associated General Contractors of America kicked off its support for the week-long, nationwide series of events called Construction Inclusion Week with a…

Mon, 10/02/2023 – 12:08 All Major Segments Post Year-over-Year Increases, While Strength in Manufacturing, Power, Office, and Highway and Street Construction Offsets Declines in Commercial Construction between July and August Total construction spending increased by 0.5 percent in August, driven by increases in most large nonresidential construction segments in addition to residential projects, according to…

Wed, 09/27/2023 – 10:30 Dallas-Plano-Irving, Texas, and Baton Rouge, La. Register the Largest Number and Percent of Job Gains; Houston-The Woodlands-Sugar Land, Texas and Kankakee, Ill. Experience Worst Year-over-Year Losses Construction employment increased in 223 of 358 metro areas between August 2022 and August 2023, according to an analysis by the Associated General Contractors of America of new…

Tue, 09/26/2023 – 10:52 Labor Shortages & Productivity Challenges Threaten to Undermine Success in Building New Infrastructure Projects, Firms Eager to Embrace Technologies to Help According to a report released today by Procore Technologies, Inc. (NYSE: PCOR) and the Associated General Contractors of America (AGC), 78% of civil and infrastructure construction firms expect their project backlog to increase or…

Tue, 09/19/2023 – 11:40 Texas and Wyoming Top Lists of Year-over-Year Gains, While Missouri, North Dakota Record the Worst Losses; California and Wyoming Lead in Monthly Job Increases, While Tennessee Experiences Largest Declines Construction employment increased in 45 states and the District of Columbia in August from a year earlier, while 32 states and D.C. added…

Thu, 09/14/2023 – 12:37 Monthly Jump in Input Costs is Driven by Near-Record 34.6 Percent Leap in Diesel Fuel Price Index; Contractors Report Major Staffing Challenges in Association’s Latest Survey of Hiring Conditions The price of materials and services used in nonresidential construction increased 1.1 percent from July to August, driven by an extreme jump in…

Wed, 09/06/2023 – 12:00 88 Percent of Construction Firms Having a Hard Time Finding Workers to Hire, Undermining Efforts to Build Infrastructure & Other Projects as Firms Boost Pay, Embrace AI to Cope with Labor Shortages Few candidates have the basic skills needed to work in high-paying construction careers, forcing short-staffed contractors to find new…