AGC Reports on June Construction Highlights

Equal numbers of states gained and lost construction jobs in June, highlighting the fragmentary nature of the industry's recovery, according to an analysis by the Associated General Contractors of America of Labor Department data. Association officials added that, despite the fact most states added jobs year-over-year, construction employment levels are below peak levels for nearly every state. “Job gains and losses were quite different last month from the patterns in the past several years as some lagging states—notably Nevada—added workers, while former high-flyers such as Texas, had layoffs,” said Ken Simonson, the association's chief economist. “On a year-over-year basis, construction … Read more

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Construction Unemployment Falls, Lowest June Level in Five Years

The unemployment rate for construction workers fell below double digits in June for the first time since 2008 as every segment of the industry added employees, according to an analysis of new government data by the Associated General Contractors of America. Association officials said the relatively positive jobs report for the sector highlights the need to address potential shortages of skilled and entry-level workers. “Construction employment in June was the highest since August 2009,” said Ken Simonson, the association’s chief economist. “But employment is still down by one-quarter from the peak more than seven years ago. Many of those laid-off … Read more

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Construction Spending Level Climbs in May

Total construction spending climbed modestly in May as growth in residential and public construction offset a drop in private nonresidential activity, according to an analysis of new Census Bureau data by the Associated General Contractors of America. Association officials predicted that spending would remain uneven through the second half of 2013. “Hesitancy by private owners to commit to new construction, along with continuing shrinkage in public budgets, will keep the recovery weaker than it otherwise would be,” said Ken Simonson, the association’s chief economist. “On the plus side, both new residential spending and improvements to existing homes will keep some … Read more

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Construction Employment, Job Growth Increase

Construction employment increased in 185 out of 339 metropolitan areas between May 2012 and May 2013, declined in 115 and was stagnant in 39, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials said the number of metro areas adding jobs, and the pace at which construction employment is expanding in those metro areas continues to grow. “It appears that the months-long growth in private sector demand for a host of residential and non-residential construction work is finally translating into significant numbers of new construction jobs in many parts … Read more

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Construction Employment Hits All-time High

Construction employment increased in a majority of states in May, setting all-time highs in Louisiana and North Dakota, according to an analysis by the Associated General Contractors of America of Labor Department data. Association officials noted that construction demand remains very uneven and urged policy makers to expedite stalled public and private projects. “The strongest recoveries in construction employment have occurred in states with oil and gas activity, while the steepest construction job losses have occurred in Sunbelt states,” said Ken Simonson, the association's chief economist. “However, patterns for the past year show that even some lagging states are beginning … Read more

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