Ken Simonson Archives

Construction Material Costs Jump For 2nd Month In A Row

rsz_stealth_2
by in Business News | Construction

  Price spikes for several key construction materials in September threaten to push contractors out of business, according to an analysis of federal figures released today by the Associated General Contractors of America. The recent surge comes despite mild year-over-year changes in materials prices overall. “The latest surge in materials costs may push subcontractors and… Read More →

Construction Employment Declines In 165 Of 337 Metro Areas

Construction Employment

Construction employment declined in 165 out of 337 metropolitan areas between July 2011 and July 2012, increased in 123 and was stagnant in 49, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials said that the new data comes out as many metro areas… Read More →

Construction Employment Declines In 31 States In Past Year; Arizona Gains 8,200 Jobs

Construction Employment

Construction employment declined in 31 states from July 2011 to July 2012 and in 28 states in the past month, according to an analysis by the Associated General Contractors of America of Labor Department data. Arizona bucked the national trend, adding 8,200 jobs during that period and ranking No. 6 in construction jobs gained. It… Read More →

Construction Materials Prices Post Rare Year-Over-Year Dip In July

Construction Materials
by in Business News | Construction

The cost of key construction materials dropped for the third consecutive month in July, pushing down year-over-year prices for the first time since 2009, according to an analysis of producer price index figures released today by the Associated General Contractors of America. However, association officials warned that recent spikes in diesel fuel and steel prices… Read More →

Construction Employment Declines By 1,000 In July As Industry Unemployment Rate Tumbles To 12.3%

Construction Employment

Construction employment declined by 1,000 in July even though the industry’s unemployment rate fell to the lowest level since 2008, according to an analysis of new federal data released today by the Associated General Contractors of America. The sector’s unemployment rate has steadily declined since 2009 as hundreds of thousands of out-of-work construction workers have… Read More →

Construction Spending Reaches Highest Level Since December 2009

Construction spending in June rose to a 2-1/2 year high as double-digit percentage increases in private residential and nonresidential construction more than offset an ongoing downturn in public construction, according to an analysis of new federal data released today by the Associated General Contractors of America. Association officials said they expect the disparity between private… Read More →

Construction Employment Up In 25 States; Arizona No. 3 On The List

Construction Employment - Welder

Construction employment increased in just half the states plus the District of Columbia from June 2011 to June 2012, but declined in a slim majority of states in the past month, according to an analysis of Labor Department data by the Associated General Contractors of America. California added the most new construction jobs over the… Read More →