Construction employment rose in 28 states and the District of Columbia between December 2010 and December 2011, the largest number of states with year-over-year employment gains since November 2007, according to an analysis by the Associated General Contractors of America of Labor Department data. In contrast, 24 states plus D.C. lost jobs between November and December 2011, while 23 states added construction jobs for the month. “It is encouraging that a clear majority of states added jobs during 2011, but it is too early to conclude that the industry is on a steady upswing,” said Ken Simonson, the association's chief … Read more
Construction Materials Prices Drop in December
The amount contractors pay for a range of key construction materials edged down 0.2 percent in December but climbed 5.3 percent from a year earlier, according to an analysis of producer price index figures released by the Associated General Contractors of America. Meanwhile, the amount contractors charge to construct projects remained largely flat for the month and is up only between 3.3 and 4.7 percent for the year, cutting into contractor earnings and adding to the challenges the hard-hit industry is facing, association officials said. “Any relief contractors might get from the recent declines in materials prices is being offset … Read more
American Institute of Architects Announces 2012 Legislative Agenda
Four Legislative Priorities Focus Exclusively On Creating Jobs in Design, Construction Sector WASHINGTON, D.C.—The American Institute of Architects unveiled a 2012 legislative agenda focusing on creating jobs in the hard-hit design and construction industry. “Architects are by and large small businesspeople: ninety-five percent of architecture firms in the United States employ 50 or fewer people,” said AIA President Jeff Potter, FAIA, himself a small business owner. “Meeting the challenges our communities face — lost jobs, outdated and unsafe infrastructure, abandoned buildings and neighborhoods, rising energy costs, and distressed main streets — demands a strong design and construction industry that is … Read more
Construction Employment Increases in December
Construction employment increased in December by 17,000 driven by gains in nonresidential construction employment, according to an analysis of new federal employment data released by the Associated General Contractors of America. Association officials said construction employment likely benefited from unseasonably warm weather across much of the country that extended the construction season. “Nonresidential construction is clearly driving last month's employment gains,” said Ken Simonson, the association's chief economist. “But it is too early to tell whether those gains came because the weather was good enough for crews to keep working well into December or because demand is truly rebounding.” Total … Read more
Construction Spending Hits 17-Month High with Monthly Gains in All Segments
Construction spending totaled $807 billion in November 2011, the highest level since June 2010, as homebuilding, private nonresidential construction and public construction all increased compared to October, the Associated General Contractors of America reported in an analysis of new Census Bureau data. Association officials cautioned, however, that public spending will drop even further in 2012 because of delays in enacting needed infrastructure bills and planned cuts to many federal construction programs. “Several segments of construction appear to be climbing out of a hole,” said the association's chief economist, Ken Simonson. “The new year should reinforce recent year-over-year gains in apartment, … Read more