Construction firms are getting some needed relief from rising materials costs, but new Buy America rules will pose a big challenge to firms trying to find materials that comply, leading to increased costs
The price of materials and services used in nonresidential construction decreased 0.6 percent from April to May, while an index that measures contractors’ bid prices inched up by 0.1 percent, according to an analysis by the Associated General Contractors of America of government data released June 14.
Eighty-eight percent of construction firms are having a hard time finding workers to hire, undermining efforts to build infrastructure and other projects as firms boost pay and embrace AI to cope with labor shortages
Few candidates have the basic skills needed to work in high-paying construction careers, forcing short-staffed contractors to find new ways to keep pace with demand and undermining efforts to build infrastructure and other projects, according to the results of a workforce survey conducted by the Associated General Contractors of America and Autodesk.
Most of the construction gains occurred in the nonresidential construction sector, while firms now pay workers 19 percent more compared to the average job as they struggle to recruit new people
The construction sector added 25,000 jobs in May while the unemployment rate fell to its second-lowest rate for the month and pay levels in the industry continued to rise, according to an analysis of new government data the Associated General Contractors of America released June 2.
Dallas-Plano-Irving, Texas, and Hanford-Corcoran, California, experience largest number and percentage of gains; Los Angeles-Long Beach-Glendale, California, and Monroe, Michigan, have most extensive construction job losses
Construction employment increased in 231, or 65 percent, of 358 metro areas between April 2022 and 2023, according to an analysis by the Associated General Contractors of America of new government employment data.
Texas and Arkansas top lists of year-over-year gains while Colorado and North Dakota record the worst losses, Texas and Nebraska lead in monthly job increases while Washington and Maine experience largest declines
Construction employment increased in 45 states and the District of Columbia in July from a year earlier, while 27 states added construction employees from June to July, according to a new analysis of federal employment data released Aug. 18 by the Associated General Contractors of America.
Texas and Arkansas top list of yearly gains while California and West Virginia experience worst losses; Washington and South Dakota lead in monthly job increases while Texas and Alaska have largest declines
Construction employment increased in 42 states in April from a year earlier, while only 24 states added construction jobs from March to April, according to a new analysis of federal employment data released by the Associated General Contractors of America May 19.
Construction material prices remain mostly flat in July; Buy America rules remain an ongoing challenge for firms as they try to find materials that comply
The price of materials and services used in nonresidential construction inched up 0.2 percent from June to July, while a government index that measures contractors’ bid prices fell by 1.4 percent, according to an analysis by the Associated General Contractors of America released Aug. 11.
Department of Labor issues final rule on the Davis-Bacon and Related Acts, which covers labor standards that apply to federal and federally assisted construction projects
Aug. 8’s announcement makes some improvements but critically misses an opportunity to improve the wage determination process and further burdens overregulated construction contractors building and upgrading the nation’s infrastructure.
Dallas-Plano-Irving, Texas, and Corvallis, Oregon, experience largest number and percentage of gains; St. Louis and Monroe, Michigan, have most extensive construction job losses during the past year
Construction employment increased in 221, or 62 percent, of 358 metro areas between June 2022 and 2023, according to an analysis by the Associated General Contractors of America of new government employment data.
Double-digit annual cost increases persist for several materials despite recent price declines for some; association officials say Administration’s approach to Buy America rules is contributing to price inflation
The price of materials and services used in nonresidential construction increased 0.5 percent from March to April, while an index that measures contractors’ bid prices declined 0.3 percent, according to an analysis by AGC.