Tag: AGC

AGCA

AGC: Construction industry adds jobs in December

January 12, 2024By

According to an Associated General Contractors of America (AGC) survey, contractors expect to hire more employees in 2024 but are struggling to find enough qualified workers.

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Photo: P&Q Staff

The current state of concrete, cement

December 13, 2023By and

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.

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Photo: P&Q STAFF

AGC: Labor issues still lingering

December 6, 2023By and

The Associated General Contractors of America’s Ken Simonson shares his thoughts on the current state of industry employment.

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Nonresidential construction outlook for 2024

December 5, 2023By and

Associated General Contractors of America chief economist Ken Simonson discusses the types of projects that will drive nonresidential construction in the coming year.

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Photo: P&Q Staff

Where the US stands with IIJA funding

November 29, 2023By and

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 anticipates from funding in 2024.

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Construction’s 2023 performance, 2024 outlook

November 21, 2023By and

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 year.

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Recession avoidable, vulnerabilities remain

November 13, 2023By and

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.

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Photo: P&Q Staff

AGC: More interest rate hikes likely

November 8, 2023By and

While the Federal Reserve opted to not raise interest rates in September, Ken Simonson with the Associated General Contractors of America foresees additional increases early in 2024.

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Nonbuilding construction starts were up 24 percent in April compared to a year earlier, according to Dodge Construction Network. Photo: ThamKC/iStock / Getty Images Plus/Getty Images

Construction market remains resilient despite challenges

June 22, 2023By

Although labor shortages and rising interest rates still pose challenges, economists from several agencies explain that in most areas the industry continues to thrive.

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