Close Menu
AGC NewsAGC News
  • Home
  • News
    • Advocacy
    • Economics
    • Energy & Environment
    • Infrastructure
    • Building
    • Procurement
    • Labor & HR
    • Safety & Health
    • Technology
    • Workforce Development
  • AGC Videos
  • Constructor Magazine
    • Digital Publications
    • Online Exclusives
    • Sponsored Content
  • ConstructorCast
  • News Releases
Latest News

IRS Offers Relief for 2025 Overtime Reporting under the OBBBA

November 11, 2025

Help Shape the 2026 Construction Industry Outlook

November 10, 2025

Racing Against the Clock

November 10, 2025
Search
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
AGC NewsAGC News
  • Home
  • News
    • Advocacy
    • Economics
    • Energy & Environment
    • Infrastructure
    • Building
    • Procurement
    • Labor & HR
    • Safety & Health
    • Technology
    • Workforce Development
  • AGC Videos
  • Constructor Magazine
    • Digital Publications
    • Online Exclusives
    • Sponsored Content
  • ConstructorCast
  • News Releases
AGC NEWSLETTERS
AGC NewsAGC News
Home » Nonresidential And Multifamily Construction Spending Slump In March As Supply-Chain Woes, Labor Shortages Stymie Strong Project Demand
Economics

Nonresidential And Multifamily Construction Spending Slump In March As Supply-Chain Woes, Labor Shortages Stymie Strong Project Demand

May 2, 2022Updated:December 7, 2023No Comments1 Min Read
Facebook Twitter LinkedIn Email
Economic Release: Construction Spending Data
Share
Facebook Twitter LinkedIn Email

Spending on most categories of nonresidential and multifamily construction declined from February to March as contractors struggled to find enough workers and get timely deliveries of materials, according to an analysis the Associated General Contractors of America released today regarding federal spending data. Association leaders urged Washington officials to end tariffs on construction materials and widen the opportunities for gaining the skills for rewarding careers in construction.

“Contractors continue to report strong demand for most types of structures, with few owners canceling or postponing planned projects,” said Ken Simonson, the association’s chief economist. “But worker shortages and supply-chain problems, from lockdowns in China to the war in Ukraine, are slowing project completions.”

Read more.

Building Federal/Heavy Highway Infrastructure Utility
Share. Facebook Twitter LinkedIn Email

Related News

Help Shape the 2026 Construction Industry Outlook

November 10, 2025

Longest Government Shutdown Continues

November 6, 2025

AGC Weighs in on DBE Changes

November 5, 2025

Federal Court Blocks DOT’s Attempt to Condition Transportation Funds on Immigration Cooperation

November 5, 2025
Add A Comment
Leave A Reply Cancel Reply

Latest News

IRS Offers Relief for 2025 Overtime Reporting under the OBBBA

November 11, 2025

Help Shape the 2026 Construction Industry Outlook

November 10, 2025

Racing Against the Clock

November 10, 2025

Your source for AGC news. Find us on social media to learn more about the Associated General Contractors of America.

Connect with us:

Facebook X (Twitter) Instagram YouTube LinkedIn
Search
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
© 2025 Associated General Contractors of America.
  • Home
  • AGC.org
  • Get In Touch
  • Convention
  • Notice of Permission to Use
  • Privacy Policy
  • Antitrust Policy

Type above and press Enter to search. Press Esc to cancel.