Economics
2012MAY
14
14
Population is still growing in the United States, unlike many developed countries. That is good news for contractors, because demand for construction ultimately depends on economic growth, population growth and relocation of both economic activity and people.
2012MAY
11
11
The cost of construction materials took a breather in April, while contractors showed slightly greater ability to roll past price increases into their bids, according to an analysis of producer price index figures released today by AGC.
2012MAY
04
04
The construction industry lost 2,000 jobs in April, following similar declines of 3,000 in March and 1,000 in February, but still added 63,000 jobs over the past year as the industry unemployment rate shrank to 14.5 percent—the lowest April level in four years, according to an analysis of new federal employment data released today by
2012MAY
02
02
Construction employment increased in 155 out of 337 metropolitan areas between March 2011 and March 2012, decreased in 134 and stayed level in 48, according to a new analysis of federal employment data released today by AGC. Association officials said that fewer metro areas added construction jobs in March compared to February because of disruptions
2012MAY
01
01
Construction spending inched up in March 2012 to an annualized rate of $808 billion, up 0.1 percent compared to the previous month and is now 6 percent above year ago levels, according to a new analysis of federal data released today by AGC. The overall gains mask divergent trends however, as public sector construction activity
2012APR
20
20
The momentum boosting the number of states adding construction jobs stalled in March as only 12 states and the District of Columbia added jobs since February, another 36 states lost construction jobs and employment levels remained flat in two other states, according to an analysis by AGC of Labor Department data. The year-over-year figures were
2012APR
12
12
The cost of construction materials jumped in March, even as the amount contractors charge to complete projects remained stagnant, according to an analysis of producer price index figures released today by AGC. Association officials noted that the spike in materials prices continues despite relatively weak overall demand for construction, and cautioned that current market conditions
2012APR
10
10
Construction employment increased in 171 out of 337 metropolitan areas between February 2011 and February 2012, decreased in 119 and stayed level in 47, according to a new analysis of federal employment data released by AGC.
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