News Archive

Capital Update 2/13/2023

How Negligence Led to Devastation in Turkey In Turkey—a country nestled between several plate boundaries and located directly on two main fault zones, the East Anatolian and the North Anatolian—earthquakes are a fact of life. The 7.8 and 7.5 magnitude earthquakes that hit Monday, leaving at least … read more

Capital Update 1/24/2023

OSHA inspected more construction sites last year than any other workplace OSHA inspected construction workplaces last fiscal year more than it inspected any other industry, an agency administrator told attendees during a presentation at Associated General Contractors of America’s Safety and Health conference Wednesday. Stephen … read more

Capitol Update 1/16/2023

What’s keeping contractors up at night? Builders are bullish on infrastructure work this year thanks to federal funding, but expect supply chain snarls and hiring difficulties to persist, according to Associated General Contractors of America’s 2023 Construction Outlook National Survey.  COVID-19 continues to impact the industry, … read more

Capital Update 1/9/2023

Construction spending surprises with 0.2% gain in Nov. A 1.7% surge in nonresidential construction led an unexpected and overall gain of 0.2% in construction spending in November, according to the Commerce Department. However, the $1.81 trillion figure was held down by a 0.5% decline in … read more

Capitol Update 12/19/2022

AGC: Construction costs up 10% in 2022 A study by the Associated General Contractors of America found about a 10% increase in total costs for the construction industry over the past year. The study looked at building materials, fuel and labor and found persistent supply … read more