Page 27 - Ken Simonson News Today

Construction employment dipped by 5,000 jobs between December and January even though hourly pay rose at a record pace in the past year, according to an analysis by the Associated General Contractors of America of government data released today. Association officials said future job gains are at risk from several factors that are slowing projects, as detailed in the Construction Inflation Alert that it will post on February 7.

As we embark on 2022, the world continues to weather the ongoing effects of the COVID-19 pandemic. For the construction industry, the pandemic has spurred certain unique and daunting...

Construction spending increased in December compared to both November and a year ago thanks to growing demand for residential construction, according to an analysis of federal spending data the Associated General Contractors of America released today. Association officials noted, however, that spending on private nonresidential construction was flat for the month and down compared to a year ago while public sector construction spending fell for both the month and the year.

Construction employment increased in nearly two out of three U.S. metro areas in 2021, according to an analysis by the Associated General Contractors of America of new government employment data.

Construction spending increased in December compared to both November and a year ago thanks to growing demand for residential construction, according to an analysis of federal spending data by the Associated General Contractors of America (AGC).

Construction employment increased in nearly two out of three U.S. metro areas in 2021, according to an analysis by the Associated General Contractors of America of new government employment data. Yet association officials noted that labor shortages likely kept many firms from adding even more workers.

The cost of building materials for new residential constructions went up by a whopping 15% in 2021.

(The Center Square) – A new pre-apprenticeship program in Illinois is designed to create a qualified worker pool for construction trades. State officials announced a $9.6 million investment into the Illinois Works progr...

Higher material costs on the project have hit small contractors hard during the pandemic.

Construction industry news, trends and jobs for building professionals who want mobile-friendly content.