Seventy-one percent of construction firms plan to expand
their payrolls in 2016 as contractors expect a range of public and private
markets to grow, according to survey results released today by the Associated
General Contractors of America and Sage Construction and Real Estate. The
survey, conducted as part of The Challenges Facing a Growing Industry: The
2016 Construction Industry Hiring and Business Outlook, indicates that
contractors foresee a positive year despite tight labor conditions, regulatory
burdens and IT security challenges.
“The construction industry will continue to recover in
2016 as many firms add to their headcount amid growing demand in a range of
private and public sector markets,” said Stephen E. Sandherr, the association's
chief executive officer. “The industry also faces a number of challenges that
have the potential to dampen, and possibly even undermine, the sector’s
recovery.”
Listen to the recording of the call here (link is external).
Materials:
Regional Results:
State-Specific Results:
Source: AGC
of America
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