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IED Welcomes Charlie Dougherty to Discuss 2022 Forecast

The Illinois Equipment Distributors (IED) kicked off the new construction season with its 2022 Construction Equipment Forecast meeting March 24 at Venuti's Italian Restaurant in Addison, Ill. Charlie Dougherty, vice president and economist of Wells Fargo's Corporate and Investment Bank, was guest speaker....


Contractors Strategize How Best to Fill Job Openings

Two big construction industry outlook reports released in early January show promising construction industry stats where workforce is concerned. The supply-chain issues and labor shortages continue, yet respondents to both surveys said they plan to hire and increase staff this year....


Texas Among Top States in Construction Jobs, Growth: AGC

People seeking employment in the construction industry are often curious where the best jobs are. Obvious data like wages, job openings and projected growth play into that analysis. Many other factors also play a role in attracting construction workers, including competition for job openings, cost of living and quality of life....


President Biden Signs $1.2T Infrastructure Bill — Here's What's in It

U.S. construction stands to gain mightily now that President Joe Biden has signed the $1.2 trillion bipartisan Infrastructure Investment and Jobs Act into law. But the industry's collective sigh of relief may become nervous tapping as it prepares for work on much-needed infrastructure projects....


AGC: Utah Adds Most Construction Jobs Since Pandemic

Only 14 states and the District of Columbia have added construction jobs since just before the start of the pandemic in February 2020, according to a new analysis of federal employment data released by the Associated General Contractors of America....


Facing, Recovering From Economic Perfect Storm

The construction industry is doing its level best to deal with a rare triple punch: Unusually high and rising materials costs, a massive supply-chain bottleneck and decreasing demand for projects. The ripple effect of these challenges could weaken the contractor community, but a heavy dose of cooperation and communication is helping many to navigate the challenges....


2021-2022 Construction Economic Forecast

The pandemic effectively ended the longest period of expansion in the U.S. economy since World War II and is negatively affecting many industries, weakening the economy, decreasing GDP and causing a lot of uncertainty in the markets....


Maine-Based AIT Bridges Discusses Infrastructure Bill

Hailed as the largest long-term investment in the nation's infrastructure in nearly a century, the $1.2 trillion Bipartisan Infrastructure Framework covers funding for a broad range of future projects, none the least of which is the $109 billion for the nation's surface transportation system....


Construction Equipment Economic Outlook: Stability is on the Horizon

Fiscal stimulus has played a pivotal role in helping the U.S. economy recover. Over the next couple of years, though, additional proposals carry a lot of potential for the construction industry in particular....


Rebuild SoCal Partnership Applauds Infrastructure Report

Rebuild SoCal Partnership (RSCP) applauded a first-of-its-kind report that finds that upcoming spending on federal, state and local transportation infrastructure will generate nearly $200 billion in economic activity in California annually over the next decade and will support 700,000 jobs per year....







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