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    Analysis

    AGC: Employment Recovery Still Elusive for Construction Sector

    Written by David Schollaert


    The impact of the pandemic on the domestic construction sector cannot be overstated, as more than two-thirds of U.S. states have struggled to add jobs since the onset of the global health crisis. Only 14 states and the District of Columbia have increased construction jobs since February 2020, reports the Associated General Contractors of America (AGC) in its latest analysis of government data.

    Widespread supply chain disruptions amid the lack of a much-needed federal infrastructure bill have impeded the sector’s recovery, AGC said.

    David Schollaert

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    Price on Trade: Milwaukee Framework is a step forward on steel excess capacity

    Members of the Global Forum on Steel Excess Capacity (GFSEC) met in Wisconsin last week and unveiled an updated plan to combat market-distorting excess capacity. The Milwaukee Framework adds color to the 2017 “Berlin Principles.” It is also a positive step in the ongoing battle against global steel market distortions. However, the Framework is only a guidepost. It must be implemented correctly to make an impact as new problems loom.