A Sustainable Workforce Starts With You

A growing number of contractors have reported impacts on building projects and products from the coronavirus outbreak. An online survey AGC conducted March 17-19 drew 909 respondents, of whom 28% answered “yes” to the question: “Has any owner, government agency or official directed you to halt or delay work on any projects that are either active or expected to start within the next 30 days?”
Ken Simonson's picture
March 24, 2020
Contractors and others are beginning to report diverse impacts on building projects and products from the coronavirus outbreak. Boston’s mayor, Martin Walsh, ordered construction sites in the city to shut down but also was reportedly preparing to order more construction of medical facilities. 
Ken Simonson's picture
March 17, 2020
Nonfarm payroll employment in February increased by 273,000, seasonally adjusted, from January and by 2,409,000 (1.6%) year-over-year (y/y) from February 2019, the Bureau of Labor Statistics (BLS) reported. 
Ken Simonson's picture
March 09, 2020
The coronavirus outbreak continues to spread globally each day but the impact on U.S. construction remains speculative. So far, there do not appear to be any reports of cancelled, deferred or interrupted construction projects, nor of delays or shortages of construction equipment, parts or materials.
Ken Simonson's picture
March 02, 2020
Construction data provider ConstructConnect reported today that the value of construction starts, not adjusted for inflation or seasonal variation, declined 6.6% year-over-year (y/y) from January 2019 to last month.
Ken Simonson's picture
February 18, 2020
Nonfarm payroll employment in January increased by 225,000, seasonally adjusted, from December and by 2,052,000 (1.4%) year-over-year (y/y) from January 2019, the Bureau of Labor Statistics (BLS) reported on Friday.
Ken Simonson's picture
February 10, 2020
The employment cost index—a measure of compensation (wages, salaries and benefits, including required payments), which the Bureau of Labor Statistics (BLS) posted for the fourth quarter (Q4) of 2019, showed mixed results for the quarter and year.
Ken Simonson's picture
February 03, 2020
Seasonally adjusted construction employment increased from December 2018 to December 2019 in 34 states and the District of Columbia and declined in 16 states, an AGC analysis of Bureau of Labor Statistics (BLS) data released on Friday shows.
Ken Simonson's picture
January 29, 2020
For 2019 as a whole, the PPI for new nonresidential building construction—a measure of the price that contractors say they would charge to build a fixed set of buildings—rose 3.8%, compared to 5.4% in 2018.
Ken Simonson's picture
January 20, 2020
Nonfarm payroll employment in December increased by 145,000, seasonally adjusted, from November and by 2,108,000 (1.4%) for the year, BLS reported. The unemployment rate remained at November’s level of 3.5%, matching the 50-year low reached in September.
Ken Simonson's picture
January 13, 2020