AGC Reports Construction Employment Increases in February, Industry’s Unemployment Rate Sets New Low

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Construction employment increased by 42,000 jobs in February and by 223,000 or 3% over the past 12 months, as the industry’s unemployment rate hit a new February low, according to an analysis of new government data by the Associated General Contractors of America. Association officials said some of the gains were attributable to mild winter weather in many parts of the country last month but added that the main reason for the gains was strong demand for construction services. “Contractors are off to a fast start in 2020, adding 91,000 jobs in the first two months—the most in nearly two … Read more

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New Steel, Aluminum Tariffs Cause Concern within Construction Industry

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The CEO of the Associated General Contractors of America, Stephen E. Sandherr, released the following statement in reaction to President Trump’s announcement that he will impose new tariffs on imported steel and aluminum products: “These new tariffs will cause significant harm to the nation’s construction industry, put tens of thousands of high-paying construction jobs at risk, undermine the President’s proposed infrastructure initiative and potentially dampen demand for new construction projects for years to come. That is because the newly imposed tariffs will lead to increases in what construction firms are forced to pay for the many steel and aluminum products that … Read more

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Daytona International Speedway Grandstand Wins Construction Project of 2016

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LAS VEGAS, Nev. – The renovation of the Daytona International Speedway’s grandstand was the most significant construction project of 2016, according to the Associated General Contractors of America. As a result, the project’s contractor, Barton Malow Company, received the association’s Alliant Build America Grand Award, as well as the award for the best utility infrastructure renovation project of the year. The $400-million Daytona International Speedway (Daytona Beach, Florida) project was completed in less than 30 months and allowed for continued race events and visits from 750,000 fans throughout the course of the project. The project design considered sight lines for … Read more

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