Construction Spending Decreases as Public Investment Tumbles, Private Outlay Grow Slows

Construction spending in June declined from May but increased from a year ago as public investment shrank for nearly every type of structure, according to an analysis of new government data by the Associated General Contractors of America. Association officials cautioned that the significant declines in public-sector construction spending come at a time when much of the nation’s public infrastructure is deteriorating due to age or overuse. “Construction spending is still increasing overall but growth has become much more uneven across categories in recent months,” said Ken Simonson, the association’s chief economist. “There has been a steep decline in public … Read more






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Construction Employment Increases In 264 out of 358 Metro Areas Between June 2016, 2017

Construction employment increased in 264 out of 358 metro areas between June 2016 and June 2017, declined in 57 and stagnated in 37, according to a new analysis of federal employment data released by the Associated General Contractors of America. Association officials noted that even though most metro areas added construction jobs, the employment gains were particularly pronounced in the western third of the country. “Western metro areas, from southern California and Nevada to Oregon and Washington, logged many of the largest absolute and percentage increases in construction employment in the past year,” said Ken Simonson, the association’s chief economist. … Read more






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Construction Employment Climbs Between June 2016, 2017

Forty-one states added construction jobs between June 2016 and June 2017 amid continuing widespread demand for construction services, while 25 states and the District of Columbia added construction jobs between May and June, according to an analysis by the Associated General Contractors of America of Labor Department data recently released. Association officials said the smaller number of states adding workers in the latest month may indicate a shortage of qualified job seekers, rather than a slowdown in demand for construction. “Contractors in most of the country say they have plenty of projects booked and would like to hire more workers … Read more






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Construction Sector Adds 16,000 Jobs in June

Construction employment increased by 16,000 jobs in June to the highest level since October 2008, signaling a new burst of hiring after three months of pause, according to an analysis of new government data by the Associated General Contractors of America. Association officials urged federal, state and local lawmakers to enact measures to make it easier for school officials, local associations and construction firms to set up construction training programs. “Construction firms added employees over the past year at nearly double the rate of the overall economy, but the record-low unemployment rate for construction workers shows companies are having to … Read more






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