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$1B Ga. construction boom hampered by tight labor market

Georgia is experiencing a $1 billion building boom, but Michael Dunham, CEO of the Associated General Contractors of Georgia, says that while "things look pretty good," a combination of job growth, an aging workforce and immigration policies have narrowed the labor market. Ken Simonson, chief economist at the Association General Contractors of America, adds that while construction spending will hold pace next year, "much of that will be eaten up by higher costs" of materials.

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