AGC: 71% of Construction Firms Plan To Expand Headcount 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 survey results released earlier this month by the Associated General Contractors of America and Sage Construction and Real Estate. 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."

Read the full 2016 Construction Hiring and Business Outlook Report here. 

View the Midwest-specific results of the survey here.

View the Illinois-specific results here.