Construction Spending Extends Year-to-Date Gains in August in Most Public and Private Segments Even as Contractors Struggle to Find Craft Workers

Construction spending increased 0.1 percent from July to August and 5.3 percent for eight months of 2018 combined, with continued year-to-date gains for major public and private categories, according to an analysis of new government data by the Associated General Contractors of America.

Construction Employment Rises in 45 States and D.C. from August 2017 to August 2018 while 33 States Add Construction Jobs for the Month

Forty-five states and the District of Columbia added construction jobs between August 2017 and August 2018, while 33 states added construction jobs between July and August, according to an analysis by the Associated General Contractors of America of Labor Department data released today. Association officials welcomed the job gains but noted that the numbers would have been higher if contractors could only find more qualified workers to hire.

Construction Input Costs Rise 6.2 Percent Through August, Adding to Pressure From Labor Shortages and Outpacing Contractors' Bid Prices

Prices for goods and services used in construction climbed 6.2 percent over the past year, intensifying a cost squeeze on contractors coping with widespread labor shortages, according to an analysis by the Associated General Contractors of America of new Labor Department data.

Construction Employment Rises by 23,000 Jobs in August and 297,000 for the Year Even as Labor Shortages Prevent Firms from Hiring More Workers

Construction employment increased by 23,000 jobs in August and by 297,000 jobs over the past year, reaching a 10-year high, while the industry’s unemployment rate stood at an all-time low, according to an analysis of new government data by the Associated General Contractors of America. Even as firms continued to expand, a new report finds that most firms are struggling to find enough workers to keep up with demand.

Construction Employment Rises in 45 States and D.C. from July 2017 to July 2018 while 29 States and D.C. Add Construction Jobs for the Month

Forty-five states and the District of Columbia added construction jobs between July 2017 and July 2018, while 29 states and D.C. added construction jobs between June and July, according to an analysis by the Associated General Contractors of America of Labor Department data released today. Association officials cautioned that continued job gains may depend on swiftly implementing new training and education legislation to equip students and workers to enter the industry.

Construction Input Costs Are Mixed in July But Pressure Intensifies on Contractors as Year-Over-Year Increases Outstrip Bid Prices

Prices for goods and services used in construction costs were unchanged overall from June to July, but months of steep increases over the past year have squeezed the profits of contractors, whose bid prices have not matched the cost shocks, according to an analysis by the Associated General Contractors of America of new Labor Department data. Association officials warn that the impact of recent and threatened tariffs are likely to put contractors in further financial peril.

Construction Employment Reaches 10-Year High as Industry Adds 19,000 Jobs in July and 303,000 for the year; Industry Unemployment Sets Record Low

Construction employment increased by 19,000 jobs in July and by 303,000 jobs over the past year, reaching a 10-year high, while the industry’s unemployment rate and level hit an all-time low, according to an analysis of new government data by the Associated General Contractors of America. Association officials said it was likely firms would have added even more workers if they could find qualified candidates to hire.

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