Construction employment increased in 146 out of 337 metropolitan areas between August 2010 and August 2011, declined in 145 and stayed level in 46, according to a new analysis of federal employment data released by AGC. Association officials noted that the local employment data remains relatively split as private sector demand increased and public sector activity declined more rapidly during the past year.
Construction employment at the state level was mixed for the year and month as 25 states and the District of Columbia lost jobs between July and August while 26 states and D.C. added jobs between August 2010 and August 2011, according to an analysis by the Associated General Contractors of America of Labor Department data. The relatively even divide between gainers and losers reflects continued weak demand for construction services that has been contributing to flat employment levels for much of the past year, association officials noted.
The amount contractors pay for a range of key construction materials declined in August, but contractors continue to be squeezed as materials cost increases have outstripped the price of finished buildings over the past year, according to an analysis of producer price index figures released today by AGC.
Construction employment showed little movement in August, dipping 5,000 below the July total but remaining 4,000 higher than a year ago, according to an analysis of new federal employment data released by AGC. Association officials said the numbers are consistent with a pattern of small gains followed by slight decreases as demand for construction remains weak.
Construction employment increased in 136 out of 337 metropolitan areas between July 2010 and July 2011, declined in 148 and stayed level in 53, according to a new analysis of federal employment data released by AGC. Association officials noted that the local employment data remains mostly stagnant amid declines in publicly-funded construction activity.
According to an analysis by AGC of state employment data released by the Labor Department, construction employment increased in 26 states between July 2010 and July 2011 and during the past month.
The amount contractors pay for construction materials and charge for completed projects both increased in July, as firms were finally able to charge more for work, according to an analysis of producer price index figures released by AGC.
Construction employment inched up by 8,000 jobs to a 15-month high in July but remained far below the peak set in early 2006, according to an analysis of new federal employment data released by AGC.
Construction employment increased in 149 out of 337 metropolitan areas between June 2010 and June 2011, declined in 141 and stayed level in 47, according to a new analysis of federal employment data released by AGC.
Construction spending totaled $772 billion at a seasonally adjusted annual rate (SAAR) in June, up 0.2% from the rate in May but down 4.7% from June 2010, the Census Bureau reported on Monday. The estimates for May and April were revised upward by $17 billion (2.2%) and $10 billion (1.4%), respectively.