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Tag Archives: Ken Simonson
Slowdowns or Growth? What the Construction Industry Faces
The construction industry remains at a crossroads, says Ken Simonson, chief economist at Associated General Contractors (AGC) of America. The economic relief will continue, Simonsen said during a recent webinar entitled U.S. Construction Outlook: Rotation or Retreat. However, the medium- … Continue reading
Construction Spending Declines Due to Steep Drop in Homebuilding
A sharp decline in spending on new houses in August led to a 0.7% decline in total construction spending, according to an analysis by the Associated General Contractors of America (AGC). Association officials say that the decline in new home … Continue reading
Construction Employment Stalls, Industry Unemployment Rate Falls
According to the Associated General Contractors of America’s recent analysis of new government data construction employment edged up by 2,000 jobs between March and April as contractors scrambled to find workers in an increasingly tight labor market. Association leaders urged … Continue reading
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Tagged Associated General Contractors of America, Bipartisan Infrastructure Law, Construction Employment, demand, foreign-born workers, government data, Ken Simonson, leaders, officials, recent analysis, shortages, Stephen E. Sandherr, tight labor market, Total construction employment, unemployment rate, work permits, workers
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Three out of Four Metro Areas Add Construction Jobs from March 2021 to March 2022
An analysis of new government employment data by the Associated General Contractors of America shows construction employment increased in three-fourths of U.S. metro areas between March 2021 and March 2022. Association officials noted that labor shortages likely kept many firms … Continue reading
Construction Employment in March Exceeds Pre-Pandemic Peak Level
According to a new analysis of federal employment data released by the Associated General Contractors of America, construction employment in March exceeded pre-pandemic levels in 32 states. Association officials said in a press release that the government should support more career opportunities … Continue reading
