FEB 3
2012
2012
Mild weather means some gains may be temporary, AGC officials urge lawmakers to complete bills to fund infrastructure, support private investment
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Construction Economics
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JAN 18
2012
2012
The amount contractors pay for a range of key construction materials edged down 0.2 percent in December but climbed 5.3 percent from a year earlier, according to an analysis of producer price index figures released today by AGC. Meanwhile, the amount contractors charge to construct projects remained largely flat for the month and is up only between 3.3 and 4.7 percent for the year, cutting into contractor earnings and adding to the challenges the hard-hit industry is facing, AGC officials said.
JAN 24
2012
2012
Construction employment rose in 28 states and the District of Columbia between December 2010 and December 2011, the largest number of states with year-over-year employment gains since November 2007, according to an analysis by AGC of America of Labor Department data.
JAN 10
2012
2012
The unemployment rate for construction workers in December was 16 percent, not seasonally adjusted, nearly double the rate for all workers. Yet the number of unemployed construction workers has fallen to the point that some companies may soon have trouble attracting the particular workers they need. How can this be?
JAN 4
2012
2012
Construction spending totaled $807 billion in November 2011, the highest level since June 2010, as homebuilding, private nonresidential construction and public construction all increased compared to October, AGC reported today in an analysis of new Census Bureau data.
JAN 19
2012
2012
Five years after states first started shedding construction jobs, construction employment remains below peak levels in all fifty states and the District of Columbia according to a new analysis released today by AGC. Given the continued weakness in construction employment, AGC is launching a new effort to encourage Congress to pass years-late legislation to fund highway, bridge and transit construction work.
JAN 23
2012
2012
Significantly fewer construction firms are planning to make layoffs in 2012 than at any point in the past few years according to survey results released today by AGC and Computer Guidance Corporation. The survey, conducted as part of the 2012 Construction Industry Hiring and Business Outlook, shows many firms expect key private sector market segments
FEB 1
2012
2012
Construction employment increased in 148 out of 337 metropolitan areas between December 2010 and December 2011, decreased in 128 and stayed level in 61. The construction employment increases were likely fueled by a 4.3 percent increase in total construction spending between December 2010 and December 2011, driven largely by growing private sector demand.
FEB 1
2012
2012
View AGC Chief Economist Ken Simonson's presentation on the outlook for construction activity, materials, and labor
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AGC's Chief Economist
Kenneth D. Simonson has been Chief Economist for the Associated General Contractors of America, the leading national construction trade association, since 2001. He provides insight into the economy and what it implies for construction and related industries through frequent media interviews, presentations and The Data DIGest, his weekly one-page e-newsletter.
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Brian Turmail
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Phone: (703) 837-5313
Fax: (703) 837-5407
Economics
Ken Simonson
Chief Economist
Phone: (703) 837-5313
Fax: (703) 837-5407
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