New Producer Price Index Data Shows Costs Outstripping Contractors’ Bid Prices as Firms Cope with Growing Delivery Delays, Limited Supplies of Key Items; Association Urges Relief from Tariffs
New Producer Price Index Data Shows Costs Outstripping Contractors’ Bid Prices as Firms Cope with Growing Delivery Delays, Limited Supplies of Key Items; Association Urges Relief from Tariffs
Houston-The Woodlands-Sugar Land and Odessa, Texas Have Worst 12-Month Employment Losses; Sacramento--Roseville--Arden-Arcade, Calif. and Sierra Vista-Douglas, Ariz. Top Ranks of Job Gainers
Association Officials Note that Continued Construction Job Gains Could be Impacted by New Infrastructure Funding Proposals, Rising Materials Prices, Erratic Delivery Schedules and Broader Market Uncertainty
Both Nonresidential and Residential Spending Retreat from January Levels amid Extreme Winter Weather; Association Posts Inflation Alert to Aid Understanding of Squeeze on Nonresidential Construction Firms
Every week brings new reports of materials costs hitting record highs, while lead times lengthen or become ever more uncertain.
AGC of America recently released a Construction Inflation Alert. This document is intended to help chapters and members explain to owners, government officials, and others, what is happening and what all parties can do to minimize the damage.
Texas, Louisiana Have Worst Job Losses Since Pandemic Struck, While Utah, Idaho Gain the Most; Association Issue Inflation Alert and Urges Immediate Relief on Tariffs, Examination of Supply Barriers
Houston-The Woodlands-Sugar Land and Lake Charles, La. Have Worst 12-Month Employment Losses; Sacramento--Roseville--Arden-Arcade, Calif. and Sierra Vista-Douglas, Ariz. Top Ranks of Job Gainers
Texas, Louisiana Have Worst Job Losses Since Pandemic Struck, While Idaho Adds the Most Jobs; California, South Carolina Have Worst One-Month Job Losses as Florida, Vermont Top Other States
New Producer Price Index Data Confirms Association Survey Showing Most Construction Firms are Being Harmed by Skyrocketing Costs for Products Like Lumber while Shipping Problems Impact Project Schedules
The Associated General Contractors of America (AGC) is the leading association for the construction industry. AGC represents more than 27,000 firms, including over 6,500 of America’s leading general contractors, and over 9,000 specialty-contracting firms. More than 10,500 service providers and suppliers are also associated with AGC, all through a nationwide network of chapters.
2300 Wilson Blvd., Suite 300
Arlington, VA 22201
General Inquiries: (703) 548-3118
AGC Store Inquiries: (800) 242-1767
Main Office Fax: (240) 396-2470
info@agc.org
© Copyright
The Associated General Contractors
(AGC) of America, Inc. All rights reserved.