Section: AGC National
AGC Testifies on Buy America
CBO Releases Long-Term Budget Outlook
Input, bid-price PPIs remain mild in December; employment rises in 35 states in 2023
AGC Lawsuit Against Gov’t-Mandated PLAs
AGC survey finds contractors cautiously optimistic about 2024; sector adds employees in December
Construction spending climbs in October; 63% of metros add jobs; Beige Book finds slower activity
Dodge Momentum Index, ISM services survey show mixed trends for construction in October
Construction employment rises in October, unemployment dips; September openings, spending rise
Hotel construction picks up; higher-ed enrollments are mixed; Beige Book finds ‘sluggish’ activity
New Davis Bacon Rule Effective October 23
Employment rises year-over-year in 43 states; ConstructConnect, Dodge, ABI point to slump in starts
September construction employment, hourly wages climb; August job openings hold, spending rises
Supply chain improves—with exceptions, AGC firms say; ConstructConnect finds less project ‘stress’
Construction Advocacy in Action
May construction employment rose in 64% of metros; cost increases remain ‘problematic,’ says RLB
AGC of America Advocacy
ABI slips in April; construction wages in 2022 outpaced other industries; data centers replace offices
PPI for inputs rises in April but dips over 12 months; pay in construction tops U.S. median by 18%
How AGC is Building a Better Association
Construction employment climbs in 45 states in February; Dodge, ConstructConnect reports diverge
Seasonally adjusted construction employment rose from February 2022 to February 2023 in 45 states and declined in five states
‘We’re not going to have one’: AGC economist dismisses a 2023 recession
“I remain optimistic that we’re not going to have one,” said Simonson, referring to a recession
The Economic Impact of Construction in the United States and Vermont
Employment rises in 30 states in December; starts jump 27%, Dodge reports; ABI points down
Construction employment and wages climb in December; starts soar, ConstructConnect reports
Construction employment, seasonally adjusted, totaled a record-high 7,777,000 in December
Construction Adds 28,000 Employees In December And Raises Pay 6.1 Percent As Sector’s Unemployment Rate Hits Record December Low Of 4.4 Percent
Construction firms added 28,000 employees in December and continued to raise wages for hourly workers more than other sectors as the industry’s unemployment rate fell to a record low for the month
Construction spending slips in October; job openings top hires; Beige Book signals slowing demand
Changes in input costs, construction employment by state are mixed in October; starts rise, ABI slips
Contractors’ input costs were mixed in October, as increases in fuel, cement, glass, and paint costs offset tumbling metals and lumber prices, according to Bureau of Labor Statistics (BLS) data posted on Tuesday.
Bid prices outpace input costs in September but several costs jump; new supply problems emerge
Contractors' input costs declined again on balance in September, while bid prices rose, according to Bureau of Labor Statistics
AGC Fights Back Against Criminalizing Important Business Practices in the Government Contracting Process
AGC of America, with support from AGC of New York State, filed an amicus brief at the U.S. Supreme Court on September 6 to protect the legal and recommended practice of pre-bid interactions between contractors and public owners
Dodge Momentum Index, ISM, Beige Book send mixed signals about construction activity and outlook
?The Dodge Momentum Index slipped 1% in August from a downwardly revised July reading but jumped 17% year-over-year, Dodge Construction Network reported on Thursday.
Worker openings widen, AGC-Autodesk survey finds; employment increases in August
The search for workers has intensified from a year ago, according to results from the 2022 AGC of America- Autodesk Workforce Survey
Some input costs fall in July, while bid prices climb; employment climbs but so do job openings
ontractors’ input costs declined on balance in July, while bid prices accelerated, according to Bureau of Labor Statistics (BLS) data posted on Thursday.
Construction spending dips in May; two-thirds of metros add jobs; aggregate, cement prices climb
Construction spending (not adjusted for inflation) totaled $1.78 trillion in May at a seasonally adjusted annual rate
Forty-Three States & D.C. Add Construction Jobs During the Past Year, But Only 22 States Added Construction Jobs Between April & May Amid Labor and Supply Shortages
Texas & New Mexico Have Strongest Gains Since May 2021, While Kentucky & Hawaii Have Worst Declines; Texas & Minnesota Top Lists of One-Month Increases, New York & North Dakota Lose Most Last Month
Contractors’ Bid Prices Finally Match Runup In Materials Prices, But Continuing Cost Increases Will Maintain Pressure On Profit Margins
Contractors’ bid prices for constructing new nonresidential buildings finally caught up with soaring costs for the materials and service they buy in May
Nonresidential Construction Spending Declines In April As Contractors Struggle To Find Workers Amid Record Job Openings, Low Unemployment
Construction Association Officials Say Workforce Shortages are Limiting Construction Activity, Urge Leaders to Boost Funding for Construction-Focused Education & Training Programs, Reform Immigration
New Buy America Requirements Hit as Soon as May 14
On or after May 14, new contract awards for infrastructure projects with federal funds will include expanded domestic manufacturing requirements for steel, iron, manufactured products and construction materials under new White House guidance
AGC posts new construction impact model; wages rise but lag other sectors; price hikes continue
AGC posted an updated version of its Construction Impact Model, created for AGC by Brian Lewandowski, University of Colorado, Boulder, a leading regional economist.
Diesel price surge fuels construction inflation alert
They say what goes up, must come down. But construction material pricing has been testing that inevitability for over two years, with no discernable end in sight.
Understanding, Influencing and Complying with Federal Prevailing Wage Requirements
What are the Davis-Bacon and Related Acts (DBRA)? How do they apply to federal and federally assisted construction projects, and what are the consequences of non-compliance?
Fuel, metals prices soar; L.A.-area port delays ease; job openings set January record, exceed hires
The war in Ukraine and Western countermeasures are stoking further price increases for numerous construction materials. Readers have passed along these steel pricing notices, among others, received and/or effective on Tuesday: “Nucor Tubular/Atlas Tube just announced an increase of $150/ton effective immediately.”
AGC of America Construction Legislative Week in Review
Changes in presidential administrations have a significant impact on the construction industry, creating a climate of uncertainty about construction regulation shifts and how they impact businesses.
Construction Employment Dips In January Despite Record Rise In Wages, Falling Unemployment As Quest For Workers Intensifies Among Industries
Contractors Association Prepares Updated Construction Inflation Alert as Tight Labor Market, Soaring Materials Costs, and Supply Chain Disruptions Threaten to Delay Projects and Undercut Further Job Gains
Widespread Steep Increases In Materials Costs In November Outrun Prices For Construction Projects, Adding To Squeeze On Contractors’ Margins
Construction Officials Say Efforts to Address Supply Chain Challenges Have been Insufficient, Urge Public Officials to Do More to Alleviate Shipping Backups, Lower Tariffs and Address Growing Price Inflation
AGC-Backed Bipartisan Infrastructure Bill Set to Become Law
On Monday, November 15, President Biden will sign the AGC-backed Bipartisan Infrastructure Bill
September construction employment lags February 2020 level in 35 states; ABI signals growth ahead
Seasonally adjusted construction employment in September trailed the February 2020 level in 35 states, exceeded it in 14 states and the District of Columbia, and was unchanged in Connecticut, according to AGC’s analysis of Bureau of Labor Statistics (BLS) data posted on Friday.
Only 14 States And DC Added Construction Jobs Since Pandemic Began As Supply Problems, Lack Of Infrastructure Bill Undermine Recovery
Only 14 states and the District of Columbia have added construction jobs since just before the start of the pandemic in February 2020, according to a new analysis of federal employment data released today by the Associated General Contractors of America.
PRICES FOR CONSTRUCTION MATERIALS CONTINUE TO OUTSTRIP BID PRICES OVER 12 MONTHS, DESPITE DIP IN SEPTEMBER, AMID INCREASING SUPPLY-CHAIN PROBLEMS
The prices contractors pay for construction materials far outstripped the prices contractors charge in the 12 months ending in September, despite a recent decline in a few materials prices, while delivery problems intensified, according to an analysis by the Associated General Contractors of America of government data released today.