News

The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, issued the following statement in response to the release of President Obama’s Infrastructure Investment Plan: “President Obama is right to continue to focus on the nation’s significant, and growing, infrastructure needs. As he noted in his State of the Union address, the condition of many of the nation’s aging bridges, highways and other essential infrastructure is unacceptably poor. And he is absolutely right to point out the need to identify additional sources of revenue for transportation investments, including from the private sector."
Prices for construction materials moved higher in January, propelled by large jumps in items used in new housing and nonresidential building renovations, according to an analysis of new federal figures released today by the Associated General Contractors of America. Association officials said that contractors were paying more for materials even as the pending federal spending “sequestration” threatens to cancel an estimated $4 billion worth of construction activity this year.
Construction charity organization AGC Charities, Inc. announced today that it will renovate the facility of a Palm Springs area-based group that supports children and adults with disabilities as part of its annual Operation Opening Doors event in March. As part of that effort, contractors will donate their time, expertise and money to make a series of improvements to the headquarters of Angel View.
The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, issued the following statement in response to the release of the National Coordinating Committee for Multiemployer Plans Retirement Security Review Commission’s proposed plan for preserving, remediating and innovating multiemployer retirement plans: “The Commission’s plan represents a pragmatic, reasonable and – most importantly for taxpayers – self-sufficient approach to preserving and protecting nearly half a trillion dollars worth of multiemployer retirement plans."
Construction charity organization AGC Charities, Inc. completed renovations to an American Legion Post located on Capitol Hill in Washington, D.C. to make the facility more handicap accessible. Dozens of local contractors donated their time, expertise and money to make a series of improvements to the Kenneth H. Nash Post 8 building.
Revised government data issued today show the construction industry is contributing substantially to economic and employment growth, according to an analysis by the Associated General Contractors of America. Association officials noted that construction employment rose for the eighth consecutive month in January, while construction spending in December increased for the ninth month in a row. Both totals were the highest levels in more than three years.
Construction employment increased in 139 out of 337 metropolitan areas between December 2011 and December 2012, declined in 131 and was stagnant in 65, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials noted that growing private sector demand for new construction projects boosted employment in a slight plurality of metro areas.
Construction employment expanded in two-thirds of all states in December and in half the nation last year as the industry showed signs of emerging from a six-year slump, according to an analysis by the Associated General Contractors of America of Labor Department data. Association officials noted that contractors responding to a recent survey expect to add more workers in 2013.
Prices for construction materials inched down in December, closing out a year of relatively subdued changes in both materials costs and bid prices, according to an analysis of new federal figures released today by the Associated General Contractors of America. Association officials said the price decline was likely to be temporary, noting that the vast majority of contractors predict materials prices will rise in 2013.
Significantly more construction firms are planning to add new staff than plan to cut staff while demand for many types of private sector construction projects should increase this year according to survey results released today by the Associated General Contractors of America and Computer Guidance Corporation.  The survey, conducted as part of Tentative Signs of a Recovery: The 2013 Construction Industry Hiring and Business Outlook, provides a generally optimistic outlook for the year even as firms worry about rising costs and declining public sector demand for construction.