Construction Officials Urge Biden Administration to Focus on Progress When It Comes to New Federal Investments in Infrastructure, Semiconductor Plant and Green Energy Construction Projects
Dallas-Plano-Irving, Texas and Janesville-Beloit, Wisc. Have Largest 12-Month Gains, While Monroe, Mich., Lake Charles, La., and Sacramento--Roseville--Arden-Arcade, Calif. Experience Worst Year-over-Year Declines
Construction firms added 24,000 employees in February, as hefty pay raises for hourly workers enabled the industry to increase employment more steeply than other sectors, according to an analysis by the Associated General Contractors of America of new government data. Association officials said that while employment levels are now at record levels in the industry, future job gains will be hard given the lack of people who have been exposed to construction career opportunities.
Diesel Fuel, Concrete, and Gypsum Products Continue to Post Steep One-Month and Year-over-Year Price Increases, While Prices for Lumber, Steel Mill Products Tumble Compared to Year-Ago Levels