Construction Employment Increases in 120 out of 337 Metro Areas

Construction employment increased in 120 out of 337 metropolitan areas between May 2010 and May 2011, declined in 162 and stayed level in 55, according to a new analysis of federal employment data released by the Associated General Contractors of America. Association officials noted that the local employment data reflects the fact that overall construction employment has been unchanged for much of the past year. “While construction employment has stopped plunging, any sign of a recovery remains spotty at best,” said Ken Simonson, the association's chief economist. “The close to even split between areas adding and losing jobs is a … Read more

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22 States Add Construction Jobs between May 2010 & 2011

Construction employment growth remained sluggish and uneven in May as nearly half – 22 states plus the District of Columbia – added jobs over the past year, while the remaining states all lost construction jobs, according to an analysis by the Associated General Contractors of America of state employment data released by the Labor Department. Association officials said the figures reflect the fact that industry-wide employment has stagnated as the result of tepid demand for most private construction and declines in public construction. “It's not surprising to see close to an even split between states adding and losing jobs given … Read more

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Sixty-Three% of Architects Surveyed Report Stalled Projects

Lack of Financing Cited as Primary Cause WASHINGTON, D.C. —Almost two-thirds of architects surveyed by the American Institute of Architects last month report that they have at least one project that is stalled due to lack of financing, despite record low interest rates. The survey of April business activity was taken as part of the AIA's Architectural Billings Index (ABI), a leading monthly economic indicator of construction activity that provides a nine to 12-month glimpse into the future of nonresidential construction spending activity. Of the 63% of firms surveyed with stalled projects, the average value of each project was almost … Read more

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Construction Spending Inches Up in April

Construction spending inched up for the second straight month in April, 0.4 percent — following downward revisions to the March spending figures — thanks to increases in private nonresidential and home-improvement spending, the Associated General Contractors of America reported today in an analysis of new Census Bureau data. Association officials noted, however, that the gains were tempered by sluggish homebuilding and declining levels of public investment in construction. “Overall economic conditions seem better than they have been for several years, which normally leads to well-rounded construction growth,” said Ken Simonson, the association's chief economist. “But these figures may be deceptively … Read more

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Several States Add Construction Jobs between April 2010 and 2011, AGC Says

Construction employment patterns diverged across the country in April as 19 states plus the District of Columbia added jobs over the past year even as losses deepened in others, the Associated General Contractors of America reported in an analysis of state employment data released by the Labor Department. Association officials said the figures reflect an uneven and unsteady construction industry recovery that could be undermined by looming cost increases and public sector funding cuts. “It is good to see more states adding construction jobs for the year in April than at any point since February 2008,” said Ken Simonson, the … Read more

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