The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, released the following statement in response to the release of new federal rules that will soon require procurement officials to impose project labor agreements for federal construction projects valued at $35 million or more.

Pro-oriented, residentially focused construction supply companies acquired 671 locations and opened 154 others in 2021, capping one of the busiest years ever for lumberyards, specialty dealers and related firms, Webb Analytics’ just-released 2021 Deals Report finds.

Job growth accelerated in July amid higher inflation and growing economic pressures. Total nonfarm payroll employment increased by 528,000 and the unemployment rate edged down to 3.5% in July.

The price of materials and services used in nonresidential construction fell 1.3% last month, while contractors’ bid prices rose 5.4%, according to an analysis by the Associated General Contractors of America of government data released today. Association officials noted that, despite the monthly decline, materials prices remain high and the availability of certain key materials is erratic.

The Occupational Safety and Health Administration announced public meetings of the National Advisory Committee on Occupational Safety and Health and the NACOSH Heat Injury and Illness Prevention Work Group on Sept. 12 – 13.

The $700 billion “Inflation Reduction Act” bill the Senate advanced to the House Sunday, using a special Budget Reconciliation procedure that allowed them to pass it with no Republican support, is a broad bill.

Construction firms added 32,000 jobs in July as the sector’s unemployment rate fell to 3.5% and the number of unfilled construction positions approached record levels, according to an analysis of federal employment data released today by the Associated General Contractors of America.

Construction employment fell in 61 and was unchanged in another 51 out of 358 metro areas between June 2021 and June 2022, according to an analysis by the Associated General Contractors of America of new government employment data. Association officials noted that employment was falling or stagnant in nearly one-third of metro areas at a time when many construction firms are struggling to find enough qualified workers to hire and cope with supply chain challenges and rising materials prices.

Total construction spending fell by 1.1% in June as spending on new housing and nonresidential projects declined compared to May, according to an analysis the Associated General Contractors of America released today of federal spending data. Association officials said that the construction spending figures are being impacted as materials and labor shortages are slowing schedules and increasing the cost of construction.

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