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Contractors looked to public funding and projects in 2023 while facing usual suspects in the latest AGC outlook.
As homebuilding dropped in November, construction spending edged up 0.2 percent, according to an analysis by the Associated General Contractors of America. The stalled public projects offset most private nonresidential gains.
Two construction industry associations, Associated General Contractors of America and Associated Builders and Contractor are divided on the potential for recession in 2023.
Two construction industry associations, Associated General Contractors of America and Associated Builders and Contractor are divided on the potential for recession in 2023.
Nassau and Suffolk counties added 600 construction jobs from Nov. 2021 to Nov. 2022, a 1 percent year-over-year gain.