The unemployment rate for construction workers fell to the lowest July level in five years last month, even though employment has stagnated in the past four months, according to an analysis of new government data by the Associated General Contractors of America. Association officials urged Washington leaders to act on stalled infrastructure funding measures to help jump start construction hiring. “Although the unemployment rate for experienced construction workers came down to 9.1 percent in July, many of those workers have left the industry for other jobs, school or training programs, or retirement,” said Ken Simonson, the association’s chief economist. “While … Read more
AGC Reports on June Construction Spending
Total construction spending cooled in June as residential building hit the pause button, while private nonresidential and public construction also declined, according to an analysis of new census bureau data by the Associated General Contractors of America. Association officials urged lawmakers in Washington to make infrastructure investment a top federal priority for the fiscal year beginning in October. “New single-family and multifamily construction both had rare slowdowns in June, while private nonresidential construction remained stuck in neutral as it has all year and the long slump in public construction worsened,” said Ken Simonson, the association’s chief economist. “For the rest … Read more
Construction Employment Increases in Over Half of Metro Areas in Last Year
Construction employment increased in 191 out of 339 metropolitan areas between June 2012 and June 2013, declined in 97 and was flat in 51, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials welcomed the construction employment gains, but cautioned that demand remained spotty amid continued efforts to cut federal investments in vital infrastructure projects, including for clean water systems. “Although construction activity remains extremely spotty, with strong residential activity offsetting lackluster private nonresidential investment and shrinking public construction spending, workers are being hired in more and more metro … Read more
Architecture Billings Index Stays in Growth Mode
WASHINGTON, D.C. — The Architecture Billings Index remained positive again in June after the first decline in ten months in April. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lag time between architecture billings and construction spending. The American Institute of Architects reported the June ABI score was 51.6, down from a mark of 52.9 in May. This score reflects an increase in demand for design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 62.6, up sharply from the … Read more
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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