Construction spending increased by 8 percent in March compared to a year earlier and was also up slightly between February and March amid growing demand for many types of construction, as the spending total hit the highest level since October 2007, according to an analysis by the Associated General Contractors of America. Association officials said the growth comes amid strong private-sector demand and new federal investments in surface transportation programs.
Construction employment increased in 244 out of 358 metro areas, was unchanged in 44 and declined in 70 between March 2015 and March 2016, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials said the new figures show that the construction sector, in most parts of the country, continues to recover from its years-long downturn.
Construction employment increased in 234 out of 358 metro areas, was unchanged in 52 and declined in 72 between February 2015 and February 2016, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials noted that many energy-producing areas experienced job losses during the past year.
Forty-three states and the District of Columbia added construction jobs between February 2015 and February 2016 while construction employment increased in 27 states between January and February, according to analysis of Labor Department data released today by the Associated General Contractors of America. Association officials said the pullback in energy prices and farm income appeared to be dampening demand for construction in some states while firms in other states continue to expand.
Construction employment increased in 243 out of 358 metro areas, was unchanged in 43 and declined in 72 between January 2015 and January 2016, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials noted that many of the metro areas experiencing drops in construction employment were in energy-producing metro areas.
Forty-four states and the District of Columbia added construction jobs between January 2015 and January 2016 while construction employment increased in 30 states and D.C. between December and January, according to analysis of Labor Department data released today by the Associated General Contractors of America. Association officials said the new employment figures show strong demand for construction except in a number of energy producing states.
Construction firms added 19,000 workers in February, as the number of unemployed construction workers was at the lowest February total since the series started in 2000, according to an analysis of new government data by the Associated General Contractors of America. Association officials said, however, that sluggish gains in nonresidential construction employment may reflect the fact contractors are having difficulty finding workers to keep up with growing demand.
Construction spending soared in January from a month earlier and all major segments posted hefty year-over-year gains, pushing the total to the highest level since October 2008, according to an analysis by the Associated General Contractors of America. Association officials said the new spending figures indicate that demand for construction remains robust amid broader economic concerns.
Construction firms added 18,000 workers in January, as the industry’s unemployment rate declined to a 17-year low of 8.5 percent, according to an analysis of new government data by the Associated General Contractors of America. Association officials noted that the number of construction jobs added in January was down compared to the last three months of 2015 and could reflect either a slowdown in nonresidential construction activity or an inability of contractors to find qualified workers.
Construction employment increased in 190 out of 358 metro areas, was unchanged in 63 and declined in 105 between December 2014 and December 2015, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials noted that many firms expect to continue expanding their headcount in 2016 as demand continues to grow for different types of construction.