AGC

Lack of Trained Workers Threatens Further Job Gains, AGC Warns

June 26, 2018 AGC
Construction employment increased in 263 (73 percent) out of 358 metro areas between May 2017 and May 2018, declined in 47 (13 percent) and was unchanged in 48, according to a new analysis of federal employment data released June 26 by the Associated General Contractors of America. Association officials warned that the supply of qualified workers is dwindling and urged members of Congress to support proposed legislation to reform, and increase funding for, the federal career and technical education program.

Construction Spending Reaches Record High With 0.4 Percent Pickup in May

July 3, 2018
Construction spending reached a record level of $1.309 trillion in May as monthly increases in residential and public investment outweighed a decline in private nonresidential outlays, according to an analysis of new government data by the Associated General Contractors of America. Association officials warned, however, that continued labor shortages and rising materials costs threaten future growth in demand.