AGC's Ken Simonson Breaks Down Recent Construction Data

Contractors and owners at AGC's Private/Public Industry Advisory Council meeting on June 11 reported mixed levels of construction activity. Most categories of private and state and local government-funded construction remain moribund. However, two leisure-industry owners reported a pickup in spending on hotel and entertainment facilities. Two contractors said data center construction has been strong. One reported several midsized new factories and major retooling in existing auto plants, but not enough to match pre-recession levels of manufacturing activity. The General Services Administration has now awarded more than $4 billion of contracts out of $5.55 billion to be committed under the 2009 Recovery Act, with another $1 billion of awards expected by September 30. For more on the latest construction economic figures, click here.