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Economics

November 24, 2010
Seasonally adjusted nonfarm payroll employment rose in 41 states and the District of Columbia in October, fell in six states and was unchanged in North Carolina, South Dakota and Wyoming, the Bureau of Labor Statistics (BLS) reported on Tuesday. Employment rose from a year earlier in 36 states plus D.C. and fell in 14 states. The unemployment rate, which was unchanged nationally at 9.6%, fell in 19 states plus D.C., rose in 14 states and was flat in 17. Construction employment exceeded September levels in 29 states, dropped in 20 plus D.C.
November 24, 2010
Materials prices, which had been well behaved for nearly two years, have started to act up—with emphasis on UP.
November 23, 2010
Construction employment expanded in 29 states between September and October, while fewer people are working in construction compared to last year in 39 states, AGC reported in an analysis of state employment data released Tuesday by the Labor Department.  
November 16, 2010
Construction contractors continue to be squeezed by rising prices for key construction materials and flat prices for what they can charge for finished projects, according to an analysis of October Producer Price Index figures released Tuesday by the Associated General Contractors of America.
November 16, 2010
RISING MATERIALS PRICES, FLAT PRICES FOR FINISHED PROJECTS SQUEEZING HARD-HIT CONSTRUCTION INDUSTRY, ECONOMIST NOTES
May 18, 2010
Construction contractors continue to be squeezed between rising materials costs and falling output prices, according to AGC's new analysis of materials costs. AGC noted that even as the producer price index leapt in April for key construction components, the amount contractors charge for construction services remains depressed.
May 3, 2010
Increases in public-sector construction spending, driven by stimulus funds, helped boost total construction activity by almost $2 billion between February and March, according to AGC's analysis of federal spending figures released Monday.
April 28, 2010
AGC connected the Wall Street Journal with chief economist Ken Simonson to comment for a story about how one company has begun all-too-rare construction of a corporate headquarters to take advantage of low construction costs.
April 16, 2010
Construction employment expanded in 26 states and the District of Columbia between February and March 2010, yet only Arkansas and North Dakota have more construction workers than they did a year ago, according to AGC's analysis of federal employment figures released Friday.
April 1, 2010
Construction spending tumbled in February by $11.6 billion, or 1.3 percent, to $846 billion, a low last recorded in 2002, according to AGC's analysis of new federal figures. Declines occurred relative to both the month before and February 2009 in most categories of private residential and nonresidential construction, as well as public construction, AGC's chief economist Ken Simonson noted.

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