Construction Jobs Increase in 40 States Between November 2016 and November 2017; 39 States Added Jobs Between October and November

Forty states added construction jobs between November 2016 and November 2017, while 39 states added construction jobs between October and November, according to an analysis by the Associated General Contractors of America of Labor Department data released today. Association officials noted that firms in most states are adding jobs amid expectations that demand will continue to grow thanks to new tax cuts and regulatory reforms.

CONSTRUCTION JOBS INCREASE IN 40 STATES BETWEEN NOVEMBER 2016 AND NOVEMBER 2017; 39 STATES ADDED JOBS BETWEEN OCTOBER AND NOVEMBER

Forty states added construction jobs between November 2016 and November 2017, while 39 states added construction jobs between October and November, according to an analysis by the Associated General Contractors of America of Labor Department data released today. Association officials noted that firms in most states are adding jobs amid expectations that demand will continue to grow thanks to new tax cuts and regulatory reforms.

Final Tax Legislation Will Lower Rates for Construction Firms, Spur Economic Growth and Benefit Construction Employers for Years

“Today, Congress passed comprehensive tax reform legislation that will lower rates, spur economic growth and impact construction businesses for years to come. However, this process did not start as well as it ended for the construction industry. (See chart linked here for details on the final bill)

CONSTRUCTION EMPLOYERS ADD 24,000 JOBS IN NOVEMBER AND 184,000 OVER THE YEAR; HOURLY EARNINGS RISE 2.9 PERCENT AS SECTOR STRIVES TO DRAW IN NEW WORKERS

Industry Employment Reaches 10-Year High and Unemployment Rate Falls to 5.0 Percent; Association Officials Say Tax Rate Cuts Will Enable Firms to Increase Pay and Attract More Workers to Construction

Senate Tax Reform Measure Has Improved Substantially But Lack of Infrastructure Investments, Temporary Nature of Many Tax Cuts Remain Problematic, Official Says

The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, issued the following statement today in connection with the proposed Senate tax reform measure:

"The association has long advocated for comprehensive tax reform, especially considering that construction employers pay the highest effective rate of any industry at 30.3 percent.  The Senate tax reform bill has been substantially improved over the course of the past few days and we support its passage.

SENATE TAX REFORM MEASURE HAS IMPROVED SUBSTANTIALLY BUT LACK OF INFRASTRUCTURE INVESTMENTS, TEMPORARY NATURE OF MANY TAX CUTS REMAIN PROBLEMATIC, OFFICIAL SAYS

The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, issued the following statement today in connection with the proposed Senate tax reform measure:

"The association has long advocated for comprehensive tax reform, especially considering that construction employers pay the highest effective rate of any industry at 30.3 percent.  The Senate tax reform bill has been substantially improved over the course of the past few days and we support its passage.

Construction Employment Increases in 243 Metro Areas Between October 2016 & 2017 as Officials Urge Changes to Tax Reform Bill to Sustain Growth

Construction employment increased in 243 out of 358 metro areas between October 2016 and October 2017, declined in 59 and stagnated in 56, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials said the best way to ensure metro areas continue to add construction jobs is to treat small and medium-sized employers more fairly and include new infrastructure funding as part of federal tax reform.

CONSTRUCTION EMPLOYMENT INCREASES IN 243 METRO AREAS BETWEEN OCTOBER 2016 & 2017 AS OFFICIALS URGE CHANGES TO TAX REFORM BILL TO SUSTAIN GROWTH

Riverside-San Bernardino-Ontario, Calif. and Cheyenne, Wyo. Experience Largest Year-over-Year Gains; Houston-The Woodlands-Sugar Land, Texas and Grand Forks, N.D.-Minn. Have Biggest Annual Declines

CONGRESSIONAL TAX REFORM PROPOSAL IS AN IMPORTANT STEP IN PROCESS TO LOWER, MORE EQUITABLE TAX RATES FOR CONSTRUCTION EMPLOYERS

Construction Official Says Proposal Provides a Much-Needed Framework for Reducing Tax Burden on Construction Employers, Urges Congress to Include Infrastructure Funding as Well

The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, released the following statement in reaction to the release today of a Congressional proposal to reform the federal tax code: