AGC's Stephen Sandherr joined Secretary LaHood and FAA Administrator Randy Babbitt at New York's LaGuardia Airport to discuss the economic impacts of the abrupt halt to $2.5 billion worth of airport construction projects. The event took place at the halted construction project to demolish the decommissioned FAA Airport Traffic Control Tower.
Congressional failure to pass federal aviation legislation is putting roughly 70,000 construction and related jobs at risk by forcing a halt to $2.5 billion worth of airport construction projects. The halt of so many airport projects will have economically "devastating" impacts on the industry, the economist warned.
Construction employment declined in 27 states between June 2010 and 2011 and dropped in 22 states and D.C. between May and June, according to an analysis by the Associated General Contractors of America of state employment data released by the Labor Department.
Construction costs again outpaced other producer prices in June but contractors remained unable to recoup the costs through higher bid prices, according to an analysis of producer price index figures released July 14, by AGC.
[[{"type":"media","view_mode":"media_large","fid":"4557","attributes":{"class":"media-image size-medium wp-image-9186","typeof":"foaf:Image","style":"","width":"300","height":"183","title":"Dallas","alt":""}}]]Tony Rader, TEXO Chair, Speaks at AGC Event Highlighting Construction Jobs in Dallas
AGC, as the co-chair of the Transportation Construction Coalition (TCC), has been participating in a series of on-air radio station interviews to explain the health hazards of traffic congestion and urge commuters to contact their local member of Congress and encourage them to support new investments. So far, the TCC has done over 20 radio interviews, including in Cleveland, Ohio; Charlotte, N.C.; Dayton, Ohio; Providence, R.I.; San Diego, Calif.; Tampa, Fla.; San Antonio, Texas; Springfield, Ill.; Albany, N.Y.; Flint, Mich.; Austin, Texas; Charlottesville, Va. and Los Angeles, Calif.For more information contact Brian Turmail at (703) 837-5310 or turmailb@agc.org.
Construction employment remained mired in a five-year slump as the industry shed another 9,000 jobs from May to June, according to an analysis of new federal employment data released today by AGC.
Construction spending fell for the sixth straight month in May, touching an 11-year low, as shrinking public outlays and residential construction swamped a rise in private nonresidential work, according to AGC's analysis of new Census Bureau data.
Contractors suffered from a new round of price increases for key materials in May but were largely unable to pass their costs along to customers, according to an analysis of producer price index figures released Tuesday by AGC.
Construction employment was virtually unchanged in May as the industry added just 2,000 jobs for the month and the sector’s unemployment rate declined to 16.3 percent, according to an analysis of new federal employment data released Friday by AGC.