Architects, Construction Sector Can Lead U.S. Economic Recovery

WASHINGTON, D.C. — The American Institute of Architects recently issued a comprehensive look at the built environment's role in economic recovery, highlighting six specific policy steps that will generate jobs and help grow the American economy. The policy document, “The Built Environment's Role in the Recovery,” is being issued on the eve of President Obama's major jobs initiative to be unveiled next Thursday in a speech before a Joint Session of Congress. The AIA white paper was delivered to the White House and to Congressional leadership on both sides of the political aisle. The report notes that the value of … Read more

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Construction Spending Dips in July, Shows Mixed Year-to-Year Change

Construction spending continued to show a mixed and volatile pattern in July as large monthly declines in public spending, residential improvements and factory construction exceeded increases in other private nonresidential, home and apartment construction, the Associated General Contractors of America reported in an analysis of new Census Bureau data. Association officials said the data reflects continued weakness in the overall construction market. “The construction spending pendulum is likely to keep swinging between gains and losses, given the spotty increases that are occurring in private investment and sharp declines in federal, state and local construction budgets,” the association's chief economist, Ken … Read more

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Construction, Architecture Groups Urge President, Congress to Adopt Measures to Boost Work

WASHINGTON, D.C. — The American Institute of Architects, the Associated General Contractors of America and the U.S. Chamber of Commerce issued a joint statement urging policymakers to take immediate steps to create jobs in the design and construction industry. On the eve of the Obama Administration's major jobs initiative, the AIA and AGC, which together represent nearly 110,000 architects and general contractors, said the effort is designed to highlight how vital the design and construction industry is to the health of the entire economy. The industry employs more than 5 million people and has suffered from unemployment of one and … Read more

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Construction Employment Inches Up in July

Construction employment inched up by 8,000 jobs to a 15-month high in July but remained far below the peak set in early 2006, according to an analysis of new federal employment data released by the Associated General Contractors of America. Association officials said a grim outlook for public sector construction activity will act as a drag on expanding private sector construction. They urged lawmakers to pass adequate long-term funding for public projects, without unnecessary strings attached. The industry unemployment rate fell from 17.3 percent a year earlier to 13.6 percent in July 2011, and the number of unemployed people who … Read more

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Construction Employment Increases in 149 Out of 337 Metro Areas between June 2010 and 2011

Construction employment increased in 149 out of 337 metropolitan areas between June 2010 and June 2011, declined in 141 and stayed level in 47, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials noted that the local employment data posted slightly stronger gains largely because of growing private sector demand for construction. “A lot of metro areas appear to be benefitting from growing demand from the private sector for new construction,” said Ken Simonson, the association's chief economist. “Declining public sector demand is clearly taking a toll on just … Read more

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