Contractor optimism high entering 2022, per AGC report

Indicative of that optimistic outlook, AGC found 74% of firms intend to hire in 2022, despite supply chain challenges that are slowing project starts and previous labor shortages. The Infrastructure Investment and Jobs Act (IIJA) has played a large part in this confidence boost. Respondents were most optimistic about highway and bridge construction, with 63% expecting a large dollar value of projects to compete for. They were also upbeat for transit projects, such as rail and airports, with a net positive reading of 51%. The bottom line is that the issues construction has seen either during or because of the pandemic will continue into the new year, but contractors’ confidence isn’t withering. “Our ultimate goal is to make sure that contractors’ optimistic outlook for 2022 becomes a reality,” Sandherr said.

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