Posts Tagged ‘ Associated General Contractors of America ’

April Construction Unemployment Rate Drops To Seven-Year Low

May 6th, 2014

The construction industry received some more good news in the Associated General Contractors (AGC) of America’s latest analysis of new government data. According to the AGC, the industry’s unemployment rate dropped to the lowest April level in seven years as contractors added 32,000 workers to payrolls in April, bringing industry employment to 6.0 million, the [...]

Contractors Report Optimism for 2014

Jan 23rd, 2014

“[This year] should be the best year for the contracting industry since 2006,” says Ken Simonson, the Associated General Contractors of America’s (AGC) chief economist. Contractors haven’t been this optimistic about the outlook for the construction market since the start of the recession roughly seven years ago, according to a report released this week. The [...]

Shutdown is Over but Uncertainty Remains

Oct 17th, 2013

capital

Though the government is back up and running the problems are far from over and its effect on the housing and construction markets, and overall economy, remains to be seen. That was the consensus among panelists in today’s Economic Webcast: The 2014 Outlook: Emerging Opportunities for Construction, sponsored by Reed Construction Data. Dr. Bernard Markstein, [...]

Construction Employment Gains Remain Spotty in July

Aug 20th, 2013

Construction employment continued its spotty improvement in July, as more states posted year-over-year gains, but most states posted decreases compared with June, according to an analysis by the Associated General Contractors (AGC) of America of Labor Department data. Association officials said the steady improvement in employment in many states was welcome news, but cautioned that [...]

Construction Spending Hits Three-Year High in September

Nov 2nd, 2012

Construction spending rose at an annualized rate of $852billion during September, a nearly three year high as spending on houses, apartments and private nonresidential projects offset declining public construction, according to an Associated General Contractors of America. Association officials said they expect both the public and private sectors will continue to show growth despite Hurricane [...]

Construction Spending Drops Between July and August

Oct 1st, 2012

Construction spending declined between July and August to an annualized rate of $837 billion, but increased compared to August 2011, according to an analysis of federal data released today by the Associated General Contractors of America (AGC). According to the report, total construction spending declined 0.6 percent for the month of August, when compared with [...]

Amid Construction Industry Uncertainty, Residential Sector to Fair Well, Experts Say

May 25th, 2012

Residential construction will increase throughout this year and 2013 according to two experts who provided forecasts for the overall industry during a webinar, “The Outlook for Materials, Equipment & Labor Costs,” held this week. Kathryn Thompson, co-founder and senior research analyst of the Thompson Research Group (TRG) and Ken Simonson, chief economist at the Associated [...]