Page 36 - Ken Simonson News Today

There were double-digit percentage increases in the selling prices of most materials used in every type of construction.

The prices contractors pay for construction materials far outstripped the prices contractors charge in the 12 months ending in September, despite a recent decline in a few materials prices, according to the Associated General Contractors of America. “Construction materials costs remain out of control despite a decline in some inputs last month,” said Ken Simonson, chief economist, in a prepared statement. “Meanwhile, supply bottlenecks continue to worsen.”

The prices contractors pay for construction materials far outstripped the prices contractors charge in the 12 months ending in September, despite a recent decline in a few materials prices, while delivery problems intensified, according to an analysis by the Associated General Contractors of America of government data released today. Association officials urged Washington officials to end tariffs on key construction materials and take steps to help unknot snarled supply points.

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

The Glazing Executives Forum, now in its 15th year, is organized by the National Glass Association and held in conjunction with GlassBuild America.

The construction industry gained 22,000 jobs between August and September as nonresidential construction firms added employees for the first time in six months, according to an analysis by the Associated General Contractors of America of government data released today. Association officials said nonresidential construction has been affected by the widespread supply chain problems, which are causing owners already uncertain about future demand for commercial space to delay or even cancel some pro...

Total construction spending was flat between July and August, as a decrease in nonresidential projects offset continuing gains in residential construction, according to a new analysis of federal construction spending data the Associated General Contractors of America (AGC).

Year-over-year construction employment increased in August for almost two-thirds of metropolitan areas, with 256 out of 358 reporting gains over the past 12 months, according to analysis by the Associated General Contractors of America (AGC). On the other hand, 65 metros lost jobs and 37 have maintained construction employment numbers since August 2020, according to AGC.

U.S. construction spending reached a seasonally adjusted annual rate of $1,584.1 billion in August, virtually unchanged from July.

Total construction spending was flat between July and August, as a decrease in nonresidential projects offset continuing gains in residential construction, 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 approve the bipartisan infrastructure bill that passed in the Senate earlier this year, noting that spending on infrastructure in the first eight months of 202...