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Construction spending inched lower in October from September levels but increased from the October 2017 total, according to an analysis of new Census data by the Associated General Contractors of America. However, investment in public infrastructure posted declines from recent peaks, and... Read More
The 2008 CLC Working Weekend will take place October 31-November 1 in Boston, Mass. The agenda includes professional development programs, tours, networking events and the exchange of ideas on issues facing construction professionals. Several sessions will offer both ANSI/IACET CEUs and AIA CLEs... Read More
AGC is again partnering with the Construction Financial Management Association (CFMA) to offer the 12th annual Construction Financial Management Conference on October 23-24, 2008, at Caesars Palace in Las Vegas. Early registration is $710 by September 5.
The two day conference is filled with... Read More
Futures prices for commodities have continued their rapid retreat from July’s highs, but many products used in construction are still rising in price.
On September 3, crude oil futures dropped to a five-month low. Copper, aluminum, nickel and natural gas all traded at or near the lowest levels... Read More
Senator John McCain (R-Ariz.) will formally accept his party’s nomination this evening. Senator McCain captured the attention of the media following the Democratic Party Convention with his Vice Presidential pick of Governor Sarah Palin (R-Alaska), but has yet to turn it into gains in polls.... Read More
At this week’s Republican National Convention in Minnesota, House Transportation and Infrastructure Committee Ranking Republican John Mica (R-FL) pitched a $1.5 trillion plan to invest in the nation’s transportation infrastructure. The plan would include investments in all modes of surface... Read More
AGC sent a letter this week to Senate Appropriations Committee Chairman Robert Byrd (D-W.V.) in support of the infrastructure investment provisions contained in the Chairman’s second stimulus supplemental appropriations bill for fiscal year 2008. In particular, AGC expressed support for the... Read More
Congress has planned to adjourn for the year on Friday, September 26, leaving just 3 weeks to address energy security, the highway trust fund shortfall, a continuing resolution on funding for the entire government, the extension of funding for the Airport Improvement Program, extension of expiring... Read More
Construction spending in July slipped 0.6% to $1.08 trillion at a seasonally adjusted annual rate (SAAR), the Census Bureau reported today. Year-to-date (YTD) spending in the first seven months of 2008 was down 5.4% from the same period of 2007. The declines were concentrated in private residential... Read More
"Nonresidential construction spending continued growing in July, despite the weak economy and housing slump," Ken Simonson, Chief Economist for The Associated General Contractors of America (AGC), said today following the release of construction spending data from the Census Bureau. "But Congress... Read More
The Associated General Contractors of America (AGC) today commended the House Transportation and Infrastructure Committee for conducting a hearing on the National Surface Transportation Policy and Revenue Study Commission's report to Congress—Transportation for Tomorrow—and called on Congress to... Read More
The Associated General Contractors of America (AGC) is the leading association for the construction industry. AGC represents more than 26,000 firms, including over 6,500 of America’s leading general contractors, and over 9,000 specialty-contracting firms. More than 10,500 service providers and suppliers are also associated with AGC, all through a nationwide network of chapters.