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Private projects stall even as public construction spending jumps

August 2, 2023

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Despite that positive outlook for public infrastructure jobs, others still see hurdles in that area.

For example, a report from the Associated General Contractors of America warned some of the regulatory requirements associated with federal construction funding, such as incomplete guidance on new Buy America rules, delayed many construction projects where funding has been announced, but construction has yet to start.

“Confusion about some of the strings that come with the new federal construction funds is limiting the economic impact of these investments for now,” said Stephen Sandherr, AGC’s CEO. “The sooner the administration clarifies questions around Buy America and the rules around clean energy investments, the sooner construction can begin on many infrastructure and power projects across the country.”

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