Stage Set for Labor Cost Increases in Construction Industry

摘要

As the U.S. construction industry continues its recovery, the much-discussed labor shortage will also change its scope-and with it will come an increase in pay for workers, according to Associated General Contractors of America (AGC) chief economist Ken Simonson. Simonson joined CMD chief economist Alex Carrick and American Institute of Architects chief economist Kermit Baker in December to discuss that topic, among others, during a we-binar titled, "Is the Pace of Construction Investment Set to Quicken?"