Data Shows Inflation Still Hammering Construction Costs
The Associated General Contractors of America has released new data which shows that construction companies are still struggling with the continuous rise of prices for materials and services.
Construction Materials Costs Soared 20 Percent in One Year
It now costs about 20 percent more to build a commercial building in the United States than it did a year ago, according to an analysis of government data by a major construction trade group.
AGC: Contractors Have Begun Passing on Rising Materials Costs
Contractors appear to be no longer willing to eat rising material and other costs driven by supply chain kinks, labor shortages and inflation, a new analysis of federal economic data by the Associated General Contractors of America suggests.
Construction Group Launches Climate Initiative
Construction industry trade group leaders outlined a series of steps public officials and the construction industry should take to address the impacts of the built environment on climate change Tuesday.
Pandemic Continues to Take Toll on Construction Projects, Firms
Construction firms are experiencing widespread project deferrals and cancellations in the Northeast, along with disruptions to ongoing work and few new project awards, a new survey says.
Construction Employment Recovering from Pandemic Lows
Construction employment in Connecticut’s three largest metro areas is on the rise again after the coronavirus pandemic disrupted the typical flow of projects.
Construction Hiring Rebounds in March After Soft February
Following a drop in construction employment in February that some suggested might be the start of a slump, the number of new jobs in the industry nationwide recovered in March.
Construction Employment Jumps in State’s Biggest Metro Areas
Construction employment throughout Connecticut is up by significant amounts across the state, according to a new analysis of Census Bureau employment data released today by the Associated General Contractors of America.
Construction Jobs Grow by 18 Percent Statewide in 2018
Amid numbers that show growth in the construction industry nationwide in January, new data shows that Connecticut construction employment grew by 10,000 jobs between December 2017 and December 2018.
