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Report: Construction spending reaches record high

Spending should stay robust through early 2019, according to the Associated General Contractors of America. But trade disputes, workforce shortages and rising interest rates threaten to undermine long-term growth in construction demand. Keep Reading

Fiscal year 2019 construction funding approved by Congress

Congress passed a Fiscal Year (FY) 2019 appropriations bill, which is expected to be signed into law by President Trump, providing significant funding for military construction projects. Keep Reading

Construction employment grows in metro areas

Construction employment increased in 190 of 358 metro areas, reports the Associated General Contractors of America (AGCA) in a new analysis. Firms appear to be having an easier time finding workers to hire, according to AGCA. Additionally, AGCA reports construction… Keep Reading

Construction jobs increase in 40 states in past year

Construction firms added jobs in 40 states and the District of Columbia (D.C.) between May 2014 and May 2015, reports the Associated General Contractors of America (AGCA). In addition, construction firms added jobs in 28 states and D.C. between April… Keep Reading

TCC to release findings of highway investment study

The Transportation Construction Coalition (TCC) will be releasing the findings of a new report detailing the economic benefits of infrastructure investment during a conference call on Wednesday Dec. 10 at 11 a.m. EST. The study, conducted by IHS Global, outlines… Keep Reading

Construction industry adds jobs as unemployment rate falls

Construction employers added 17,000 jobs in October while the construction industry's unemployment rate fell to 11.4 percent, according to an analysis of new federal data released by the Associated General Contractors of America (AGC). Association officials noted that total construction… Keep Reading

Construction spending at highest level in 36 months

Construction spending in June rose to a 2 ½-year high as double-digit percentage increases in private residential and nonresidential construction offset an ongoing downturn in public construction, according to an analysis of new federal data released by the Associated General… Keep Reading

Residential construction spending on upswing

Construction spending inched down less than 0.1 percent in January, following a large upward revision in December and November, according to an analysis of federal data released by the Associated General Contractors of America. All forms of residential construction did well… Keep Reading

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