abc construction spending 2022

Construction industry faces workforce shortage of 650,000 in 2022: ABC

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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...
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Biden signs construction PLA executive order; associations push back in objection

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President Joe Biden on Feb. 3 signed an executive order requiring the use of project labor agreements (PLA)s on federal construction projects of $35...
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California construction employment nearly flat in 2021, but there were significant local variations

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Statewide construction employment levels were close to flat in 2021, but significant regional variations make the picture more complicated, according to government employment data...
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U.S. economy grows in fourth quarter, but Investment in structures declines again, says ABC

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The U.S. economy grew at a 6.9% annualized rate in the fourth quarter of 2021, according to an Associated Builders and Contractors (ABC) analysis...
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Materials prices soar 20% in 2021 despite moderating in December; most contractors in AGC...

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Prices of construction materials jumped nearly 20 percent in 2021 despite moderating in December, according to an analysis by the Associated General Contractors (AGC)...
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Mixed picture for California construction employment: Unions in SF area report jobs stress but...

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The story about California's construction employment environment during the COVID-19 pandemic depends largely on where you are in the state. As well, there are...
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Dodge Momentum Index declines In December

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The Dodge Momentum Index fell 3% in December to 166.4 (2000=100), down from the revised November reading of 170.7. The Momentum Index, issued by...
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Construction cost inflation: AGC calls for more efforts to increase Los Angeles/Long Beach port...

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Public officials should look at ways to temporarily increase capacity at backed up ports like Los Angeles/Long Beach, abandon plans to double tariffs on...
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California lags nation in COVID-19 construction jobs recovery: AGC

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California lags much of the nation for construction jobs recovery in the COVID-19 pandemic era. The state lost 1,700 jobs (0.2%) between October and November,...

Telosa: Why a new $400 billion urban Utopia could change construction

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By Quentin Torbert Special to California Construction News Telosa is the name of a proposed new city by former Walmart executive and billionaire Marc Lore. The...

Projects and opportunities

PCL breaks ground on $80M Santa Barbara City College athletics and physical education facility

California Construction News staff writer PCL Construction celebrated the groundbreaking of the $80 million Santa Barbara City College (SBCC) physical education and athletics replacement building...

Madera County approves $130M State Route 41 widening project, set to begin construction this...

California Construction News staff writer The Madera County Board of Supervisors has unanimously approved a major infrastructure expansion that will widen a key regional corridor,...

Suffolk tops out 17-story Bankers Hill residential tower “The Quince” in San Diego

California Construction News staff writer Construction has reached a major milestone on a new residential high-rise in San Diego’s Bankers Hill neighbourhood, as Suffolk Construction...