Associated General Contractors latest outlook is more positive for this year across most building segments.

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. 

Report finds that construction would account for 48% of bill's new jobs from highway and transit increases.

Job losses in nonresidential segments outpaced gains in residential sector.

All construction sectors gain, but economists see material price spikes and other risk factors ahead.

Compared to three-month pre-virus average, total bid volume in Autodesk's BuildingConnected platform rose 36% in January, an all-time high.

Specialty trade contractors saw the greatest job losses while the industry jobless rate worsened on monthly, year-over-year measures.

AGC survey of 1,300 member firms shows most contractors expect demand for new construction to fall in 2021.