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Six years of recession in the U.S. has cut a $1.2 trillion-a-year construction industry into one that is worth about $800 billion a year. It also chopped more than 2 million jobs from the industry, according to data from the Associated General Contractors of America. However, a survey by AGC and co-sponsored by Computer Guidance leads AGC to look at 2013 as a potential turning point with tentative signs of recovery.[…] Continue Reading »

The Associated General Contractors of America and its member commercial-construction contractors exist in an ever-evolving political and economic climate. Constricted credit markets, lengthy project-approval processes and burgeoning regulatory requirements have taken their toll on the industry and by spring of 2010, nearly 2 million construction workers had lost their jobs when projects were postponed or cancelled.

Understanding that recovery would come, AGC focused on innovation — adapting and improving to meet the needs of a changing industry.[…] Continue Reading »