WASHINGTON (Feb. 23, 2022) — The construction industry will need to attract nearly 650,000 additional workers on top of the normal pace of hiring in 2022 to meet the demand for labor, according to a model developed by Associated Builders and Contractors (ABC).
MOLINE, Ill. (Feb. 21, 2022) — The latest updated quarterly American Rental Association (ARA) forecast for equipment rental revenue now calls for a 10.2% increase in 2022 to reach $52.7 billion in the United States, a slight increase from the previous forecast in October 2021, reflecting the positive influence of expected increases in infrastructure spending.
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ARLINGTON, Va. (Feb. 15. 2022) — Prices of construction materials jumped more than 20% from January 2021 to January 2022, according to an analysis by the Associated General Contractors of America (AGC) of government data.