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Construction firms add 44,000 jobs in October | Building Design + Construction

The construction industry added 44,000 jobs between September and October as nonresidential construction firms posted back-to-back increases for the first time since January, according to an analysis by the Associated General Contractors of America of government data released today. Association officials said the employment gains were welcome news but cautioned that employment levels remain well-below pre-pandemic totals as firms struggle with supply chain problems, labor shortages and federal i...
United States Stephene Sandherr Ken Simonson Associated General Contractors

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Construction spending slumps in September | Building Design + Construction

Total construction spending declined in September for the first time since February, as both residential and nonresidential construction slipped, according to a new analysis of federal construction spending data the Associated General Contractors of America released today. Officials urged the House of Representatives to promptly complete work on the bipartisan infrastructure bill that the Senate passed earlier this year, noting that spending on infrastructure in the first nine months of 2021 fel...
United States Ken Simonson Stephene Sandherr Associated General Contractors Bipartisan Infrastructure

Construction Spending Down in September

Total construction spending declined in September for the first time since February, as both residential and nonresidential construction slipped, according to analysis of federal construction spending data by the Associated General Contractors of America. “Spending on projects has been slowed by shortages of workers and materials, as well as extended or uncertain delivery times,” said Ken Simonson, chief economist, in a prepared statement.
United States Anirban Basu Ken Simonson Associated General Contractors Associated Builders

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