AGC
Construction’s 2023 performance, 2024 outlook
Ken Simonson, chief economist with the Associated General Contractors of America, looks at what trends emerged in the construction industry in 2023 and how those trends could play out in the coming year. Keep Reading
Recession avoidable, vulnerabilities remain
Associated General Contractors of America’s chief economist Ken Simonson says the U.S. will likely avoid a recession in 2024, but ongoing worldwide concerns need to be monitored. Keep Reading
AGC: More interest rate hikes likely
While the Federal Reserve opted to not raise interest rates in September, Ken Simonson with the Associated General Contractors of America foresees additional increases early in 2024. Keep Reading
Construction market remains resilient despite challenges
Although labor shortages and rising interest rates still pose challenges, economists from several agencies explain that in most areas the industry continues to thrive. Keep Reading
AGC: Nearly half of U.S. adds construction jobs in April
Twenty four states added construction jobs from March to April this year. From April 2022, 42 states have increased their construction employment. Keep Reading
Contractors remain cautiously optimistic in 2023
Contractors are upbeat about public funding in 2023, but ongoing labor shortages are still causing concern. Read what economists and contractors expect in the months ahead. Keep Reading
