AGC: 71% of Construction Firms Plan to Add Employees in 2016

Contractors foresee a positive year despite tight labor conditions, regulatory burdens and IT security challenges

Associated General Contractors of America
The majority of contractors surveyed expect to increase their headcount by between one to five employees in 2016.
The majority of contractors surveyed expect to increase their headcount by between one to five employees in 2016.

Seventy-one percent of construction firms plan to expand their payrolls in 2016 as contractors expect a range of public and private markets to grow, according to Associated General Contractors of America and Sage Construction and Real Estate survey results.

The survey, conducted as part of The Challenges Facing a Growing Industry: The 2016 Construction Industry Hiring and Business Outlook, indicates that contractors foresee a positive year despite tight labor conditions, regulatory burdens and IT security challenges.

“The construction industry will continue to recover in 2016 as many firms add to their headcount amid growing demand in a range of private and public sector markets,” said Stephen E. Sandherr, the association's chief executive officer. “The industry also faces a number of challenges that have the potential to dampen, and possibly even undermine, the sector’s recovery.”

2016 Construction Hiring and Business Outlook Report

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