Stephen E. Sandherr announced his retirement as chief executive officer of the Associated General Contractors of America (AGC), effective March 31, 2024. Sandherr has been CEO of the association for the commercial construction industry for 27 years and has served it for 37 years in various capacities. The association also announced that its current chief operating officer, Jeffrey Shoaf will serve…
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Feds Threaten to Withhold California Infrastructure Funds
Trump administration officials threatened to withhold billions of dollars in federal highway funding from California, arguing that the state has not shown what steps it is taking to improve its air quality.
Read MoreJanuary Construction Spending Rises; Highways Fall
Construction spending during January 2017 was estimated at a seasonally adjusted annual rate of $1,180.3 billion, 1.0 percent (±1.0 percent) below the revised December estimate of $1,192.2 billion, according to the U.S. Census Bureau.
Read MoreConstruction Jobs Increase on Growing Residential, Public Works Demand
Thirty-four states added construction jobs between November 2015 and November 2016 while construction employment increased in 29 states and the District of Columbia during the past month, according to an analysis of Labor Department data released by the Associated General Contractors of America (AGC). Association officials said even as firms in many starts are adding jobs amid growing residential and…
Read MoreConstruction Spending Ticks Upward
The U.S. Census Bureau of the Department of Commerce announced that construction spending during October 2016 was estimated at a seasonally adjusted annual rate of $1,172.6 billion, 0.5 percent (±1.5 percent) above the revised September estimate of $1,166.5 billion. The October figure is 3.4 percent (±1.8 percent) above the October 2015 estimate of $1,134.4 billion.
Read MorePublic-Sector Construction Needs Investment; Qualified Workers
Only 23 states and the District of Columbia added construction jobs between September and October while construction employment increased in 35 states between October 2015 and October 2016, according to analysis of Labor Department data released by the Associated General Contractors of America (AGC). Association officials said declining public-sector investments in infrastructure and other public projects were undermining construction employment…
Read MoreDeep Need Pinches Construction Labor Market
Construction employment dipped for the second consecutive month in May, but rising industry pay and plunging unemployment suggest contractors would be hiring more workers if they were available, according to an analysis by the Associated General Contractors of America. Association officials cautioned that worker shortages may be reaching the point where they undermine the sector’s growth.
Read MoreConstruction Employment Still Increasing
Construction employment increased in 244 out of 358 metro areas, was unchanged in 44 and declined in 70 between March 2015 and March 2016, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials said the new figures show that the construction sector, in most parts of the country, continues…
Read MoreConstruction Employment Hits Highest Level Since 2008
Construction firms added 18,000 workers in January, as the industry’s unemployment rate declined to a 17-year low of 8.5 percent, according to an analysis of new government data by the Associated General Contractors of America. Association officials noted that the number of construction jobs added in January was down compared to the last three months of 2015 and could reflect…
Read MoreAGC Says Construction Employment Being Roadblocked
Construction employment expanded in 36 states and the District of Columbia between August 2014 and August 2015 while only 25 states added jobs between July and August, according to an analysis of Labor Department data by the Associated General Contractors of America. Association officials noted that job gains may be lagging as many firms report they are having a hard…
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