All ken simonson Articles

Ken Simonson: construction shows strength in uncertain times - but how long will it last?
Associated General Contractors chief economist Ken Simonson warns that rising costs and rapid changes are testing US construction
Mile-high success!
This year’s SAIA Annual Convention & Exposition was a record-breaking landmark event
Contrary economic indicators suggest a curiously calm 2023
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December construction spending and employment chaos offer insights that may silence the recession alarms
Cost for construction materials ‘decline steeply’ in December
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Survey finds that contractors listed material costs as one of their top concerns 
U.S. construction spending surprises with November rebound
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Stable and growing investment in nonresidential and multifamily housing construction outweighs a single-family home drop
US construction pay growth outstrips rest of private sector
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 US construction workers now earn 18% more per hour than in the private sector as a whole
Over 90% of construction firms struggling to hire workers
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New study in the US shows that construction workforce shortages are ‘severe’
How construction can win the war for talent
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A clear message from the industry is the lack of skilled workers - a solution can be found in one half of the population that’s not well represented
Skills shortage in US worsens
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Data shows that contractors in some areas have been unable to hire enough employees since February 2020
Call for US to end tariffs on materials
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Construction employment and spending up again in US, but tariffs could halt progress
Biggest US construction wage rise in 40 years
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Contractors association says more needs to be done to ensure workers can pursue jobs in construction as worker shortages look set to worsen 
US construction firms predict strong 2022
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Optimism high among US contractors, but challenges with a lack of skilled workers and supply chains remain 
US contractors expect demand to drop in 2021
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AGC survey reveals that over 50% of US contractors do not expect business to return to pre-pandemic levels for more than six months
US construction adds jobs in September
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Housing sees an uptick while nonresidential building stalls due to pandemic-related project cancellations
US sees steep decline in nonresidential construction
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Industry officials appeal to government for more coronavirus relief to prevent further losses
US firms benefit from relief loans, but more help needed
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Industry officials say real help will come from infrastructure funding 
Podcast: US construction bears impact of pandemic
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Ken Simonson, chief economist with Associated General Contractors of America (AGC) talks with International Construction’s Jenny Lescohier
Survey: Over 25% of US construction firms laying off workers
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Despite challenges, some are gaining work in the face of the coronavirus pandemic
New federal guidance suggests US construction could continue
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Appeals from construction officials appear to be heeded as new guidelines more strongly support work on US sites