Seventy-three percent of construction firms plan to expand their payrolls in 2017 as contractors expect private and public sector demand to grow in all market segments, according to survey results released today by the Associated General Contractors of America and Sage Construction and Real Estate. Despite the general optimism outlined in Expecting a Post-Election Bump: The 2017 Construction Industry Hiring and Business Outlook, many firms report they remain worried about the availability of qualified workers and rising health and regulatory costs.
“Contractors have relatively high expectations for 2017 as they predict the economy and demands for all types of construction will grow,” said Stephen E. Sandherr, the association's chief executive officer. “As a result of this optimism, many firms expect to expand their headcount next year.”
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You can also read AGC's Make Federal Agencies Responsible Again: A Regulatory, Compliance and Enforcement Plan to Help Build Infrastructure, Encourage Job Growth and Cut Red Tape and An Agenda to Rebuild Our Infrastructure & Our Craft Workforce.