×

Uncategorized

Prices jump for construction materials and services: AGC says inflation threatens contractors’ solvency and workers’ jobs.

The cost of goods and services used in construction climbed by a record-setting 4.3 percent in May and 24.3 percent over the past 12 months, jeopardizing contractors’ solvency and construction workers’ employment, according to an analysis by the Associated General Contractors of America (AGC) of government data released on June... Continue reading

Construction employment slips by 20,000 in May as supply-chain problems and record materials cost increases plague nonresidential contractors

Construction employment declined for the third time in the past four months in May as nonresidential contractors coped with lengthening and unpredictable delivery times that limited their ability to start or complete projects, according to an analysis by the Associated General Contractors (AGC) of America of government data released on... Continue reading