General Contractors Look to Hire Workers and Add Equipment in 2014, AGC Says

“Contractors are more optimistic about 2014 than they have been in a long time,” said Stephen Sandherr, the Associated General Contractors’ chief executive officer. “While the industry has a long way to go before it returns to the employment and activity levels it experienced in the middle of the last decade, conditions are heading in the right direction.”

The growing momentum in the rebounding construction market is generating some longer-term optimism among general contractors, and it appears that they’re serious enough to put money on the line. According to a report this week from the Associated General Contractors (AGC), Arlington, Va., many firms plan to start hiring again and most contractors predict demand will either grow or remain stable in virtually every market segment this year, the report said.

All access premium subscription

Only Electrical Marketing newsletter subscribers have access to premium content.


Being a subscriber to the Electrical Marketing newsletter allows you exclusive access to high value content including key economic indicators measuring the health of the market and access to the Electrical Price Index and other important industry insights.

Sign up for the Electrical Marketing newsletter to get access.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish