Items Tagged with 'AGC'

The California High-Speed Rail Authority board has approved the launch of track and systems installation for the nation’s first high-speed rail network, awarding a major contract to a consortium of Kiewit, Stacey Witbeck and Herzog.

Construction materials prices are rising again as copper, diesel, freight and labor costs squeeze supply chains despite resilient contractor confidence.

Residential, public work account for much of the increase. 

As Congress weighs the next surface transportation bill, the Associated General Contractors of America is pushing stronger work-zone safety requirements after contractors reported persistent crashes and project disruptions.

AGC of Utah members gathered in Salt Lake City Jan. 29- 30 for their 104th annual convention. “Work is still moving; members are planning, bidding and staffing projects, but they’re being more selective than a few years ago.

The majority of new construction jobs were in the non-residential sector, which added 27,900 positions.

Analysts largely attribute year-over-year increase to impact of tariffs.

Projects delayed and canceled due to lack of federal funding is effecting employment in the industry, says AGC. 

Both residential and non-residential spending experienced annual declines, with manufacturing experiencing the sharpest decrease. 

Aluminum, steel prices are among the highest increases.