An Uncertain Outlook for 2013

An Uncertain Outlook for 2013

Construction hiring will be modest with the majority of firms expecting to add 15 or fewer workers during the course of the year, Associated General Contractors CEO Stephen Sandherr said in a conference call with the media.

The ACG published results of a survey on Monday exploring employment outlook for 2013. Among its findings are that 31 percent of contractors said they planned to add staff, while 9 percent planned staff cuts.

“While the outlook for the construction industry appears to be heading in the right direction for 2013, many firms are still grappling with significant economic headwinds,” Sandherr said.

Maryland stood out among the 30 states with large enough survey samples for the optimism of its contractors, 56 percent of whom planned to add employees and none planning layoffs. At 14 percent, South Carolina had the lowest percent of contractors planning to add staff.

CONTINUE READING AT THE ALBUQUERQUE JOURNAL