News
The 2024 Construction Hiring and Business Outlook
Construction Firms Have Mixed Outlook For 2024 As Expectations For Demand Remain Mostly Positive, But Less Upbeat Than Last Year Amid New Challenges New Industry Outlook Shows Firms Are Counting on Public Sector, Data Center and Manufacturing Construction to Offset Declines in Retail, Lodging & Office Work; Two-Thirds of Firms Plan to Hire; Many Worry…
Read MoreConstruction Employment Falls In A Quarter Of Metro Areas Between November 2022 And November 2023 As Contractors Struggle To Fill Jobs
Wed, 01/03/2024 – 10:21 Dallas-Plano-Irving, Texas, and Baton Rouge, La. Lead in Job Gains While Orange-Rockland-Westchester, N.Y. Experiences Worst Losses; Construction Association Prepares to Release Survey Reporting Mixed Conditions Construction employment declined in almost a quarter of metro areas between November 2022 and November 2023 as demand tapered in some parts of the country and…
Read MoreConstruction Spending Rises 0.4 Percent In November, As Homebuilding And Private Nonresidential Spending Gains Offset Decline In Public Projects
Tue, 01/02/2024 – 12:40 New Spending Data Comes as Construction Association Gets Ready to Release Industry’s Predictions for Construction Spending Trends in 2024, Need for New Workers & Planned Investments in AI and Other Tech Total construction spending increased by 0.4 percent in November, as a pickup in homebuilding and some private nonresidential markets offset…
Read MoreConstruction Firms Add 2,000 Jobs In November, But Accelerating Pay Rate For Hourly Employees Suggests Demand For Workers Remains Strong
Record October Job Openings Indicate Contractors are Struggling to Attract and Retain Skilled Workers amid Tight Overall Labor Market; Association Officials Call for Investments in Construction Education Construction sector job gains slowed in November as firms added only 2,000 jobs, but wages for hourly employees accelerated and the number of unfilled positions reached record highs…
Read MoreConstruction Spending Increases 0.6 Percent In October, With Gains For Public And Private Nonresidential Projects, Along With Homebuilding
Mixed Patterns within Categories Suggest Market is Shifting but Remains Strong Overall; Manufacturing, Power, Education, and Single-Family Spending Pickup Offset Drop in Highway and Multifamily Projects Total construction spending increased by 0.6 percent in October, led by strong gains for manufacturing, power, and education projects as well as single-family homebuilding, according to an analysis of…
Read MoreConstruction Employment Increases In 226 Of 358 Metro Areas Between October 2022 & 2023 As Labor Shortages Keep Firms From Hiring More
New York City and Baton Rouge, La. Register the Largest Number and Percent of Job Gains over 12 Months; Houston-The Woodlands-Sugar Land, Texas and Kankakee, Ill. Experience Worst Year-over-Year Losses Construction employment increased in 226, or 63 percent, of 358 metro areas between October 2022 and October 2023, according to an analysis by the Associated General Contractors of…
Read MoreLatest ConstructorCast: Constructing Cyber Resilience
Constructing Cyber Resilience: Join us as we explore the dynamic intersection of cybersecurity and the commercial construction industry. Our guest, CJ Dietzman at Alliant Insurance Services, talks about the latest trends in cyber threats, risk management strategies, and innovative solutions shaping the future of digital resilience on construction sites. Don’t miss this insightful episode for a…
Read MoreConstruction Employment Rises In 40 States & D.C. From October 2022 To October 2023, While 22 States Increased Headcount Last Month
California and Kentucky Top Rankings of Year-over-Year Increases, While Colorado and North Dakota Lag; Ohio and Kentucky Lead in Monthly Gains, While Tennessee and Rhode Island Experience Largest Declines Construction employment increased in 40 states and the District of Columbia in October from a year earlier, while 22 states added construction jobs from September to October,…
Read MoreConstruction Association Sues To Block Biden Administration’s Unlawful Effort To Expand The Reach Of The Decades-Old Davis-Bacon Law
Tue, 11/07/2023 – 14:08 Administration Lacks the Legal Authority to Expand Coverage to Areas Specifically Excluded in the Law, or to Retroactively Impose Davis-Bacon Stipulations on Existing Contracts, Group Notes in its Federal Lawsuit The Associated General Contractors of America filed suit today in federal court to block the Biden Administration’s unlawful effort to expand the…
Read MoreConstruction Sector Adds 23,000 Jobs In October As Unemployment Rate Falls To 4.0 Percent; Record Job Openings Point To Need For More Workers
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…
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