Construction Economics Contractors' 2022 Outlook Turns Positive Despite Challenges, AGC Survey Shows James Leggate January 12, 2022 No Comments Associated General Contractors latest outlook is more positive for this year across most building segments.Read More
2022 Forecast: Industry on Slow Path to Recovery Alisa Zevin Debra K. Rubin November 18, 2021 No Comments As the world continues its widespread vaccination effort, COVID-19 restrictions ease somewhat and the $1-trillion U.S. infrastructure spending package moves forward, forecasters express cautious optimism about the year to come. Read More
Infrastructure Investment Study: Senate Infrastructure Bill's Highway-Transit Hikes Boost GDP, Jobs Tom Ichniowski September 22, 2021 No Comments Report finds that construction would account for 48% of bill's new jobs from highway and transit increases.Read More
Construction Workforce Construction Loses 3,000 Jobs in August, But Jobless Rate Falls to 4.6% Tom Ichniowski September 3, 2021 No Comments Job losses in nonresidential segments outpaced gains in residential sector.Read More
Construction Workforce Construction Jobs Jump by 110,000 in March Tom Ichniowski April 2, 2021 No Comments All construction sectors gain, but economists see material price spikes and other risk factors ahead.Read More
Economic Indicators Autodesk Analysis: Construction Bids Up 36% Over Pre-Pandemic Levels Economic analysis of bidding from Autodesk's Builders Network shows construction may recover faster than expected Jeff Yoders March 18, 2021 No Comments Compared to three-month pre-virus average, total bid volume in Autodesk's BuildingConnected platform rose 36% in January, an all-time high.Read More
Construction Workforce Construction Loses 61K Jobs in February as Unemployment Rate Hits 9.6% Tom Ichniowski March 5, 2021 No Comments Specialty trade contractors saw the greatest job losses while the industry jobless rate worsened on monthly, year-over-year measures.yRead More
Coronavirus & Construction Global Survey: Infrastructure, Residential Work Driving Recovery February 9, 2021 No Comments Survey respondents in North America expect workloads in 2021 to continue to rebound.Read More
Construction Economics AGC: 2021 Outlook Muted as Pandemic Delays, Cancels Projects Only 35% of firms plan to add workers; 24% plan reductions Jeff Yoders January 7, 2021 No Comments AGC survey of 1,300 member firms shows most contractors expect demand for new construction to fall in 2021.Read More
Global Construction's Overperformance Won't Last, Analyst Says Modest growth is expected by 2023 Peter Reina January 5, 2021 No Comments