Construction Spending Maintains Strong Rate of Year-Over-Year Growth in November even as Spending Slips Compared to a Month Earlier

Construction spending slipped in November from a month earlier but maintained a strong rate of year-over-year growth in all major categories, according to an analysis by the Associated General Contractors of America. Association officials noted that the new spending data demonstrate a lot of uncertainty within the private sector about the need for new projects while state and local government officials are worried about budget constraints.

National Construction Group and Local Volunteer Contractors to Help Build World's First Ever Handicap-Accessible Water Park in San Antonio

Construction charity organization AGC Charities, Inc. is partnering with local construction firms to help build “Morgan’s Inspiration Island,” a new handicap accessible water park addition to non-profit Morgan’s Wonderland (link is external). As part of the charitable organization’s annual Operation Opening Doors effort, many construction firms will be donating time, expertise and money to build a first-ever handicap accessible water park in San Antonio.

Construction Firms Add 46,000 Workers in November as Sector's Unemployment Rate Drops to 6.2 Percent

Construction firms added 46,000 workers in November for the biggest monthly gain in employment for the sector since January 2014, as the industry’s unemployment rate declined to 6.2 percent, according to an analysis by the Associated General Contractors of America. Association officials noted that the robust job gains come as demand for construction continues to expand and new federal transportation legislation will further boost employment in the sector.

Construction Employment Increases in 180 out of 358 Metro Areas between October 2014 and 2015 as Demand for Construction Continues to Grow

Construction employment increased in 180 out of 358 metro areas, was unchanged in 46 and declined in 132 between October 2014 and October 2015, according to a new analysis of federal employment data released today by the Associated General Contractors of America.

Construction Spending Logs Robust Monthly and Year-Over-Year Growth in October with Gains in Residential, Nonresidential and Public Categories

Construction spending in October reached the highest level in nearly eight years with growth in all major categories, according to an analysis by the Associated General Contractors of America. Association officials cautioned however that demand for construction appears to be growing at a faster rate than the supply of qualified workers available to fill positions at firms.

Construction Employment Rebounds in October with Year-Over-Year Growth in 43 States and D.C., Job Gains in 35 States from September to October

Construction job growth rebounded in October as 43 states and the District of Columbia recorded employment increases from a year earlier, while 35 states added construction jobs in the past month, according to analysis of Labor Department data released today by the Associated General Contractors of America.  Association officials cautioned, however, that sustaining such widespread job gains will require support at all levels of government for construction training programs.

Construction Firms Add 31,000 Workers in October Amid Growing Demand as Sector's Unemployment Rate Drops to 6.2 Percent

Construction firms added 31,000 workers in October as the industry’s unemployment rate declined to 6.2 percent amid robust demand for construction, according to an analysis by the Associated General Contractors of America

House Passage of Highway & Transit Bill Will Cut Traffic, Make the Economy More Efficient, Yet Incomplete Law Leaves Key Problems Unfixed

The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, issued the following statement in response to the passage today of a new multi-year surface transportation law in the U.S. House of Representatives:

“It is encouraging to see overwhelming House support for a long-term highway and transit measure.  Today’s vote sends a strong message that Washington officials can find a way to work together to help address crucial problems like aging roads, decaying transit systems and unsafe bridges.  This new measure will provide state officials with the resources they need to improve road safety, cut congestion and cut shipping and transport costs for millions of American businesses. 

Construction Spending Continues Strong Year-Over-Year Gains in September But Dip in Monthly Nonresidential Total Points to Workforce Tightness

Construction spending in September reached a new seven-year high and climbed at the fastest rate since early 2006, according to an analysis by the Associated General Contractors of America.  However, total spending on nonresidential construction declined by 0.1 percent...