Industry Priorities

Construction firms added 16,000 jobs in August, according to an analysis of federal employment data released today by the Associated General Contractors of America. Association officials said their newly released survey, conducted with Autodesk, showed contractors are eager to hire more employees but are being stymied by a dearth of qualified workers.
Total construction spending decreased by 0.4 percent in July as spending on new houses and apartments tumbled, overshadowing a pickup in private nonresidential and public construction, according to an analysis the Associated General Contractors of America released today of federal spending data. Association officials said their newly released survey, conducted with Autodesk, showed labor shortages and supply chain problems are limiting their ability to complete projects, likely undermining total construction spending levels.
Construction employment increased in 250 or 70 percent of 358 metro areas between July 2021 and July 2022, according to an analysis by the Associated General Contractors of America of new government employment data. But association officials cautioned that most construction firms report they are struggling to find enough qualified workers to hire, according to a survey the association and Autodesk will release Wednesday.
Construction employment in July continued to trail pre-pandemic levels in 15 states as contractors struggled to find qualified workers to fill openings, according to a new analysis of federal employment data released by the Associated General Contractors of America today. Association officials called on government officials to allow employers to sponsor more foreign-born workers and support more career and technical education to broaden opportunities for individuals to gain construction skills.
Prices of Concrete Products and Some Building Materials Continue to Rise, While Diesel Fuel, Asphalt, Lumber and Some Metals Fall in Month of July