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The current state of concrete, cement

Ken Simonson, chief economist at the Associated General Contractors of America, says he was pleasantly surprised by the performance of ready-mixed concrete and cement in 2023. Keep Reading

AGC: Labor issues still lingering

The Associated General Contractors of America’s Ken Simonson shares his thoughts on the current state of industry employment. Keep Reading

Episode 3: Dirt World Summit, economic update

In this episode of Drilling Deeper, Kevin and Jack recap their experience at the inaugural Dirt World Summit, hosted by Build Witt. Also, Jack shares his takeaways from a recent conversation with Ken Simonson, chief economist with the Associated General Contractors of America. Keep Reading

Nonresidential construction outlook for 2024

Associated General Contractors of America chief economist Ken Simonson discusses the types of projects that will drive nonresidential construction in the coming year. Keep Reading

Where the US stands with IIJA funding

Funds from the Infrastructure Investment & Jobs Act (IIJA) have been doled out to different projects at different rates. See what Ken Simonson with the Associated General Contractors of America anticipates from funding in 2024. Keep Reading

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

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

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