Construction spending rose 4.1% from November 2018 to November 2019, while industry employment grew in 226, or 63%, out of 358 metro areas, according to a new analysis of federal data released by the Associated General Contractors of America. Association officials noted that its recent survey found most contractors are optimistic about the dollar value of projects available and expect to keep adding workers in 2020 but they are finding it hard to fill positions and anticipate it will continue to be hard to hire employees. “Both the actual spending totals for November and our members’ expectations for 2020 point … Read more
Industry Survey Shows Strong 2020 Demand for Projects and Workers
Filed under: Economic NewsTagged with: 2020 Construction Outlook Survey, AGC, Construction Spending