News

Construction firms added 45,000 jobs in April and 280,000 over 12 months, as the sector's unemployment rate fell to a nine-year April low of 7.5 percent, according to an analysis by AGC of America. Association officials noted that even as the industry continues to expand, growth has been erratic and inconsistent.
Even as construction firms added jobs in 41 states between March 2014 and March 2015, construction employment declined in 29 states and the District of Columbia between February and March, according to an analysis today of Labor Department data by the Associated General Contractors of America. Association officials cautioned that ongoing D.C. gridlock over how to pay for needed infrastructure improvements and declining demand for oil-related projects likely contributed to so many states shedding construction jobs last month.
Construction declined by 1,000 in March but is still up by 282,000 compared to the prior year, as the sector's unemployment rate fell to 9.5 percent, according to an analysis by AGC of America. Association officials noted that declining demand for residential and public sector projects offset gains in other areas to contribute to the overall month job losses.
Construction employment expanded in 278 metro areas, declined in 36 and was stagnant in 44 between February 2014 and February 2015, according to a new analysis of federal employment data released today by AGC of America. Association officials said the job gains come as private sector demand, particularly for multifamily housing, offset declining public sector investments, labor shortages and the challenges of a slowing global economy and declining oil prices.
Construction spending inched down in February from January levels but increased from a year earlier, according to an analysis by AGC of America. Association officials noted that the latest construction figures were held back by declining demand for single family homes and declining public sector investment levels.
Construction employers added 39,000 jobs in January and 308,000 over the past year, reaching the highest employment total since February 2009, as the sector's unemployment rate fell to 9.8 percent, according to an analysis by AGC of America. Association officials said the job gains come as most construction firms report plans to expand headcount this year, but worry about growing shortages of qualified workers.
Construction spending rose in December to a six-year high of $982 billion as public construction for the year increased for the first time since 2009, according to an analysis by AGC of America. Association officials said President Obama's budget proposal and his suggested infrastructure funding program should help construction spending continue to grow by accelerating debate about the best way to fund repairs to the nation's aging roads, bridges, and other public infrastructure.
The chief executive officer of AGC of America, Stephen E. Sandherr, released the following statement in response to the release of the Infrastructure 2.0 Act by Maryland Congressman John Delaney: "The Congressman's proposal puts a lot of good ideas on the table that we hope spur vigorous discussion over how best to use tax reform to finance America's aging infrastructure. Congressman Delaney is a serious legislator who understands what levers Congress can use to spur economic growth.
Construction firms added jobs in 40 states and the District of Columbia between December 2013 and December 2014 while construction employment increased in 38 states and D.C. between November and December, according to an analysis today of Labor Department data by AGC of America.
Construction contractors will have an easier time learning how to comply with federal and state environmental guidelines thanks to a new partnership with the U.S. Environmental Protection Agency and the private sector. The partnership between AGC of America, EPA and the National Center for Manufacturing Sciences (NCMS) will allow for a significant upgrade to the Construction Industry Compliance Assistance website, or CICA Center for short, association officials noted.