Tag: Ken Simonson AGC Chief Economist

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AGC: Construction employment up in 138 out of 337 metro areas
Construction employment increased in 138 out of 337 metropolitan areas between March 2010 and March 2011, decreased in 153 and stayed level in 46, according to a new analysis of federal employment data released April 26 by the Associated General Contractors of America (AGC). But association officials said that the industry’s five-year employment slump is far from over, and could worsen as public construction winds down.
May 3, 2011
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Construction employment down in December
Employment in construction declined by 16,000 during the month of December 2010 as the industry’s unemployment rate hit 20.7 percent, according to analysis of federal employment figures released Jan. 7 by the Associated General Contractors of America (AGC).
January 10, 2011
Business
AGC: Construction spending up, but industry still ‘fragile’
Construction spending increased by 0.4 percent in November, the third straight rise in the total, the Associated General Contractors of America (AGC) noted in an analysis of new Census Bureau data. Private residential and public construction each gained 0.7 percent compared with October’s totals, while private nonresidential construction edged down 0.1 percent. “It is heartening to see three increases in a row for the total,” said Ken Simonson, the association’s chief economist, in a written statement about the analysis. “But most categories showed more of a seesaw pattern over the past three months, indicating that construction spending remains fragile at best.”
January 10, 2011
Roadbuilding
Employment construction down 16K in December
Employment in construction declined by 16,000 during the month of December 2010 as the industry’s unemployment rate hit 20.7 percent, according to analysis of federal employment figures released Jan. 7 by the Associated General Contractors of America (AGC). Even as the industry continues to suffer from weak private sector demand the benefits of the temporary […]
January 10, 2011
Roadbuilding
AGC: Construction spending up, but industry still ‘fragile’
Construction spending increased by 0.4 percent in November, the third straight rise in the total, the Associated General Contractors of America (AGC) noted in an analysis of new Census Bureau data. Private residential and public construction each gained 0.7 percent compared with October’s totals, while private nonresidential construction edged down 0.1 percent. “It is heartening […]
January 10, 2011
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