Steel Markets
June 29, 2016
Construction Employment in May Suffers from Weak Infrastructure Investment
Written by Sandy Williams
The Associated General Contractors of America report that declining infrastructure investment has led to declining or stagnant construction employment in May. The latest report from AGC follows.
Construction employment declined or was stagnant in 131, or 37 percent, of 358 metro areas between May 2015 and May 2016, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials said. The data comes as years of underfunding have contributed to declining highway, transit and other public infrastructure just 60 years after President Eisenhower signed the first interstate highway act.
