Most Infrastructure Categories Post Year-to-Date Declines Compared to 1st 8 Months of 2020, Reports AGC

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Total construction spending was flat between July and August, as a decrease in nonresidential projects offset continuing gains in residential construction, according to a new analysis of federal construction spending data the Associated General Contractors of America. Officials urged the House of Representatives to promptly approve the bipartisan infrastructure bill that passed in the Senate earlier this year, noting that spending on infrastructure in the first eight months of 2021 declined from year-earlier levels. “Nearly every nonresidential spending segment has deteriorated from already inadequate 2020 levels in the first two-thirds of this year,” said Ken Simonson, the association’s chief economist. … Read more

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Survey Reports Construction Workforce Shortages Reach Pre-Pandemic Levels, Coronavirus Continues to Impact Projects + Supply Chains

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Construction firms are struggling to find enough qualified workers to hire even as they continue to be impacted by pandemic-induced project delays and supply chain disruptions, according to the results of a workforce survey conducted by the Associated General Contractors of America and Autodesk. The survey results underscore how the coronavirus pandemic has created constraints on the demand for work even as it limits the number of workers available to hire. “Market conditions are nowhere near as robust as they were prior to the onset of the pandemic,” said Ken Simonson, the association’s chief economist. “At the same time, the … Read more

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Association Reports Prices for Key Construction Materials Increase, Contractors Struggle to Deliver On-Time

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The prices contractors pay for construction materials continued to increase in August, while many firms report struggles to get those materials delivered on time, according to an analysis by the Associated General Contractors of America of government data. Association officials urged Washington officials to take steps to help address the challenges impacting the entire supply chain and driving the price escalations. “July was the seventh-straight month of double-digit price increases for construction inputs,” said Ken Simonson, the association’s chief economist. “Adding to the challenge, contractors are struggling to pass along even a fraction of these added costs onto their clients.” … Read more

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AGC Launches New Initiative to Address Climate Change, Pushes for Construction of Less Carbon-Intensive Projects

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Construction officials outlined a series of steps public officials and the construction industry should take to address the impacts of the built environment on climate change. The new initiative from the Associated General Contractors of America is designed to lessen the carbon footprint of the built environment, while also making the process of building projects even more efficient. “The construction industry is the delivery vehicle for building a greener, more climate-friendly future,” said Stephen E. Sandherr, the association’s CEO. “Finding a way to ensure that what our members build is more efficient will have a significant impact on climate change.” … Read more

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July Construction Employment Lags Pre-Pandemic Peak in 36 States, Delta Variant Threatens Further Gains

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Construction employment in July remained below the levels reached before the pre-pandemic peak in February 2020 in 36 states, according to an analysis by the Associated General Contractors of America of government employment data. Association officials said construction employment would benefit from new federal infrastructure investments and urged the House to quickly pass the bipartisan infrastructure bill. “This data shows that full recovery remains elusive for construction in most states,” said Ken Simonson, the association’s chief economist. “In fact, the fast-spreading COVID-19 delta variant may make it harder to find employees eligible to work on restricted sites and may also … Read more

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