St. Louis Construction News and Real Estate (CNR)

News | 02/03/2012

AGC Sees Flat Year, Hiring Up

Members of AGC of America (AGC) see a year that is flat to slightly up, with modest increases in hiring.

The outlook for the construction industry is mixed for 2012, as firms must balance growing demand for certain private sector market segments with continued weakness in key sectors, the near end of the stimulus and declining overall demand for public sector construction. Indeed, according to an analysis of survey responses from more than 1,300 construction firms conducted by the Associated General Contractors of America and Computer Guidance, the industry is not likely to experience a recovery until at least 2013 despite some growing positive trends. 

Click here  to download a PDF of the entire study report.