MAY 1
2013
View AGC Chief Economist Ken Simonson's presentation on the outlook for construction activity, materials and labor.
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View AGC Chief Economist Ken Simonson's presentation on the outlook for construction activity, materials and labor.
Construction employment increased in 158 out of 339 metropolitan areas between February 2012 and February 2013, declined in 132 and was stagnant in 49, according to a new analysis of federal employment data released by AGC.
Prices for construction materials were flat in March, as plunging diesel fuel and metals prices offset increases in items used in new housing and nonresidential building renovations, according to an analysis of new federal figures released by AGC.
The unemployment rate for construction workers fell to the lowest April level in five years as contractors added more than 150,000 employees in the past year despite a dip in employment last month, according to an analysis of new government data by AGC.
Construction employment increased in 152 out of 339 metropolitan areas between March 2012 and March 2013, declined in 126 and was stagnant in 61, according to a new analysis of federal employment data released by AGC.
Construction employment increased in 30 states in March as the industry expanded but at a slower pace than in February, according to an analysis by AGC of Labor Department data.
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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Economics
Ken Simonson
Chief Economist
Phone: (703) 837-5313
Fax: (703) 837-5407