2022

Financials

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Construction workforce shortages remain one of the biggest challenges facing the industry. Eighty percent of contractors reported to AGC during the summer they were having a hard time finding enough workers to hire. Related to this challenge, the industry has not been successful in recruiting a diverse workforce. While women make up half the workforce in the U.S., they present only a small percentage of the construction workforce. Similarly, African Americans account for twelve percent of the U.S. workforce, but only 6 percent of the construction workforce.

  • Revenue
  • How does AGC spend the revenue it receives?
  • Expenses
  • Products, Programs & Services Revenue

Revenue

Charter Fees 42.98%
Programs, Products, Services 46.86%
Advertising/Miscellaneous 3.03%
OSHA Grant 0.65%
Construction Advocacy Fund 6.48%

How does AGC spend the revenue it receives?

Chapter and Member Support 52.64%
Government & Industry Affairs 30.13%
G&A/Support Services 12.68%
Association Leadership 4.54%

Expenses

Personnel Costs 50%
Professional Services 3%
Occupancy & Operating Costs 7%
Technology Costs 2%
Marketing, PR, Programs 1%
Meetings & Travel 5%
Products, Programs, and Services 24%
OSHA Grant 1%
Construction Advocacy Fund 7%

Products, Programs & Services Revenue

Convention 24.23%
Product Line 6.06%
ConsensusDocs 12.35%
Management Conferences 21.43%
Committee Meetings 7.44%
Virtual Curriculum Training 6.70%
Credentialing 0.85%
Strategic Alliances/Sponsors 20.94%
2020 - 2022

Revenue
History

  • 2020
  • 2021
  • 2022
Millions
$14 $12 $10 $8 $6 $4 $2 $0 $-2 $-4 $-6
$10.35
$8.57
$2.08
$10.54
$10.09
$2.98
$10.68
$12.83
$-4.38
  • Dues Revenue
  • Non-dues Revenue
  • Investment Income/(Loss)