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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

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

Report: Four out of five states added construction jobs in 2022

Associated General Contractors of America leaders say firms would have added more people if they could find workers. Keep Reading

AGC: Construction spending dips in October

The Associated General Contractors of America (AGC) says downturns in homebuilding and most major nonresidential categories drove spending downward. Keep Reading

AGC: Construction spending increases in September

The Associated General Contractors of America (AGC) says construction spending increased 0.2 percent in September and 10.9 percent year to date. Keep Reading

AGC: Data shows construction spending down slightly

The Associated General Contractors of America (AGC) says total construction spending was down a tad in August amid rising interest rates. Keep Reading

Report: Construction employment up in most metro areas

The Associated General Contractors of America says construction employment was up in 69 percent of metros in August versus a year earlier. Keep Reading

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