Boston Real Estate Investors Association

Demand for Construction Appears to be Outpacing Availability of Workers & Materials

Demand for Construction Appears to be Outpacing Availability of Workers & Materials

According to recent data from the Associated General Contractors of America, while nearly every state added construction jobs during the past twelve months, that momentum slowed considerably in May with only 22 states adding jobs.  The AGC says monthly employment gains lagged as contractors coped with labor shortages and supply chain challenges.

“Demand for construction appears to be outpacing the availability of workers and materials in many parts of the country…Contractors need people and products to build projects, and the supply of both is very constrained right now,”  Said Stephen E. Sandherr, the association’s chief executive officer.

Click here to read the full report at the Associated General Contractors.

 

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