Only 18 states and the District of Columbia have added construction jobs since just before the start of the pandemic in February 2020 despite a pickup in most states from October to November, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials said one reason employment is below pre-pandemic levels in many parts of the country is the lack of available workers to hire.

ConsensusDocs recently posted a free webinar on Construction Price Escalation that helps owners, general contractors, and trade contractors alike navigate the unprecedented price spikes and supply chain disruptions wreaking havoc on the industry. You can access the webinar here, as well as other valuable resources available on the ConsensusDocs Price Escalation Resource Center that includes links to sample language provided in the ConsensusDocs 200.1 Price Escalation Amendment.

Total construction spending edged higher in October, as gains in public and private project types outmatched decreases in single- and multifamily residential outlays, according to a new analysis of federal construction spending data the Associated General Contractors of America released today. Officials noted that public sector investments would likely rise in the near future because of the recently-passed infrastructure bill, but cautioned that labor shortages and supply chain problems were posing significant challenges for the industry.