Association Officials Say the Threat of New Tariffs Has Already Led to Dramatic Increases in the Cost of Many Construction Materials, Warn Prices Will Grow As the New Trade Restrictions Take Effect
On May 25, AGC filed a friend-of-the-court brief in the Rhode Island Supreme Court in the Bacon Construction case, where the court will soon decide whether the standard form of the additional insured (AI) endorsement provided a general contractor’s with coverage under its it’s subcontractor’s insurance policy for a “third-party-over” action.
Construction employment increased in 256 out of 358 metro areas between April 2017 and April 2018, declined in 63 and was unchanged in 39, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials said that the data showed a continuation of strong labor demand amid shortages of qualified workers.
Construction employment increased by 17,000 jobs in April and by 257,000 jobs over the past year while firms boosted pay to help recruit new workers, according to an analysis of new government data by the Associated General Contractors of America. Association officials noted that the increases in pay appear to be attracting more former construction workers back into the job market, but cautioned that labor conditions remain extremely tight.
Thirty-eight states and the District of Columbia added construction jobs between March 2017 and March 2018, while 29 states added construction jobs between February and March, according to an analysis by the Associated General Contractors of America of Labor Department data released today. Association officials said the job gains are coming amid strong private-sector demand and new public-sector investments in school and airport construction.
Construction costs climbed again in March, with increases for a wide range of building materials, including many that are subject to proposed tariffs that could drive prices still higher and cause scarcities, according to an analysis by the Associated General Contractors of America of Labor Department data released today. Association officials warned that tariffs on some items might lead to project delays and cancellations if supplies become unobtainable or too expensive for current budgets.
Construction employment increased by 228,000 jobs over the past year despite a weather-related dip last month, and the industry’s unemployment rate fell to 7.4 percent, the lowest yet for March, according to an analysis of new government data by the Associated General Contractors of America. Association officials called for revitalizing and adequately funding career and technical education and training programs to ensure that employment in the high-paying industry would continue to grow.
Construction employment increased in 257 out of 358 metro areas between February 2017 and February 2018, declined in 50 and stagnated in 51, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials said that the employment gains are occurring as construction firms in many parts of the country are having a hard time finding enough qualified workers to keep pace with demand.
Thirty-five states and the District of Columbia added construction jobs between February 2017 and February 2018, while 38 states added construction jobs between January and February, according to an analysis by the Associated General Contractors of America of Labor Department data released today. Association officials praised the latest Congressional spending bill for funding career and technical education to help young workers get into the industry.
Construction employment increased in 248 out of 358 metro areas between January 2017 and January 2018, declined in 68 and stagnated in 42, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials said that future construction job gains could be undermined, however, as new tariffs force contractors to pay more for steel and aluminum products and dampen demand for new construction.