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AGC: Nearly half of U.S. adds construction jobs in April
Construction employment increased in 42 states in April from a year earlier, while only 24 states added construction jobs from March to April, according to an Associated General Contractors of America...
View ArticleAGC: 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 (AGC) foresees additional increases early in 2024. Featured...
View ArticleRecession 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. Featured photo:...
View ArticleConstruction’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...
View ArticleWhere 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...
View ArticleNonresidential construction outlook for 2024
Associated General Contractors of America’s chief economist Ken Simonson talks about what types of projects will drive nonresidential construction in the coming year. VDG is the leading manufacturer...
View ArticleAGC: Labor issues still lingering
Workforce shortages continue to be a hindrance to the construction industry. The Associated General Contractors of America’s Ken Simonson shares his thoughts on the current state of industry...
View ArticleThe 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 – and he is optimistic...
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AGC: Construction industry adds jobs in December
The construction sector added 17,000 employees in December and continued to raise wages at a faster clip than other industries, according to an Associated General Contractors of America (AGC) analysis...
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