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 released today. 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.
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Nearly one-third of U.S. metro areas lost construction jobs between August 2020 and August 2021, according to an analysis by the Associated General Contractors of America of government employment data released today. Association officials noted that the job losses are occurring as the fate of a bipartisan infrastructure bill that would boost demand for construction remains uncertain in the U.S. House of Representatives.
Íæż½ã½ã has posted the fifth edition of the Construction Inflation Alert, a document to help owners, officials, Íæż½ã½ã chapters, and others understand what contractors are experiencing regarding materials costs, production lead times, and supply-chain bottlenecks.
Construction employment in August remained below the levels reached before the pre-pandemic peak in February 2020 in 39 states, according to an analysis by the Associated General Contractors of America of government employment data released today. Association officials urged the House of Representatives to quickly pass the bipartisan infrastructure bill to avoid further cutbacks in construction activity and jobs.
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 released today. Association officials urged Washington officials to take steps to help address the challenges impacting the entire supply chain and driving the price escalations.
Association Officials Urge Congress to Finish Work on Bipartisan Infrastructure Bill to Boost Demand for Nonresidential Construction and Fund Career and Technical Education Programs to Add to Worker Supply
Eighty-Nine Percent of Contractors Are Having a Hard Time Finding Craft Workers, While 88 Percent of Firms Are Experiencing Project Delays and 93 Percent Are Affected by Rising Materials Prices
Construction Officials Note Spending Figures Foreshadow New Data the Association is Releasing Tomorrow Shoring the Ongoing Impacts of the Coronavirus on the Construction Workforce and Demand
Seattle-Bellevue-Everett and Waterbury, Conn. Top Lists of Metros with Year-over-Year Employment Gains; Houston-The Woodlands-Sugar Land, Atlantic City-Hammonton, N.J., Evansville, Ind.-Ky. Lose the Most