Construction Spending Soars In April As Gains In Multifamily And Most Nonresidential Segments Outweigh Slump In Single-family Homebuilding

Thursday, June 1, 2023 | 12:28 EST

Construction Officials Caution that Growing Demand for Many Types of Projects Will Strain Already Tight Labor Conditions, Urge Federal Officials to Boost Construction Education Funding, Reform Immigration

Total construction spending in April increased by 1.2 percent from March and 7.2 percent year-over-year as widespread gains in nonresidential and multifamily construction spending offset a continuing plunge in single-family homebuilding, according to an analysis today by the Associated General Contractors of America of new federal data. Association officials welcomed the growth in demand for most types of construction but cautioned that firms will have a tough time finding enough workers amid tight labor conditions.

2023 Idaho Top Projects: Application Window is OPEN!

Idaho Business Review’s Top Projects 2023 honors the top construction projects in Idaho, completed between June 2022 and May 2023. The program tells the stories and shows the impact of top projects from around Idaho. This premier awards program offers exclusive opportunities to promote your firm or product to the region’s best construction, engineering, and architectural firms. Completed submissions are accepted year round, but will be due for judging by July 14, 2023.

Awards go to the top three projects, as determined by an independent jury of industry leaders in design, engineering, and construction, in the following categories:

  • Private Building
  • Public Building
  • Infrastructure/Utility
  • Transportation
  • Renovation

Projects will be announced August 10th.

Spring 2023 BuildingIdaho

Coming soon to your inbox is the 2023 Spring issue of buildingIdaho, our 8th edition!  You should have your hard copy in hand this week or next, but you can access the magazine and read it online by clicking on the image below.  Not signed up to receive a hard copy?  Email Hailey at hreyes@idahoagc.org to be added to the mailing list!

 

Spring2023 BuildingIdaho

Words With Wayne: 03/31/2023 Presented by Kendall Auto Idaho

Wayne's here to make sure we're caught up on everything we currently need to know! From how to join our Forums, to our WeBuildIdaho.org job campaign, to the Boise State Construction Management program, he covers all the bases! He also reminds you to make sure you check out our new Idaho AGC Proud Member Online Pop-Up Shop so you can wear this incredible brand like we do!

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