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AGC’s Mid-Year Economic Update



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Construction Employment Increases In 39 States From May 2023 To May 2024, While 26 States Add Jobs Between April And May



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Construction Employment Increases By 21,000 Between April And May With Job Gains At Both Nonresidential And Residential Construction Firms



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Construction Spending Slips 0.1 Percent In April As Decreases In Public Segments Offset Rise In Homebuilding, Manufacturing, Power Projects



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Construction Employment Increases In 218 Of 358 Metro Areas From April 2023 To April 2024 As Worker Scarcity Limits Gains In Some Markets



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Construction Employment Increases In 39 States From April 2023 To April 2024, While 29 States Add Jobs Between March And April



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Prices For Nonresidential Construction Materials And Services Increase 0.4 Percent In April, Outpacing 0.1 Percent Rise In Contractors’ Bid Prices



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Construction Sector Adds 9,000 Jobs Between March And April As Slowing Residential Activity Limits Gains; Nonresidential Firms Remain Busy



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Construction Spending Dips 0.2 Percent In March As Decreases In Private Nonresidential And Residential Projects Outweigh Public Pickup



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Construction Employment Increases In 234 Of 358 Metro Areas From March 2023 To March 2024 As Demand For Many Types Of Projects Grows



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