Nonresidential Construction Spending Decreases 1.1% in March, Says ABC
National nonresidential construction spending declined 1.1% in March, according to an Associated Builders and Contractors analysis of data published today by the
ABC: The Construction Industry Needs to Hire an Additional 430,000 Craft Professionals in 2021
In 2021, construction companies will need to hire 430,000 more workers than they employed in 2020, according to an analysis of BLS data by ABC. The analysis also
Clemson University Named Overall Winner of ABC Construction Management Competition
Associated Builders and Contractors has announced the winners of its annual Construction Management Competition, held virtually for 12 teams of undergraduate students.
ABC’s Construction Backlog Slips in March; Contractor Optimism Continues to Improve
Associated Builders and Contractors has reported that its Construction Backlog Indicator fell to 7.8 months in March, according to an ABC member survey conducted
Construction Adds 110,000 Jobs in March
The construction industry added 110,000 jobs in March, according to an Associated Builders and Contractors analysis of data released recently by the U.S. Bureau
ABC’s Construction Backlog Indicator Rose Sharply in February; Contractor Optimism Builds
Associated Builders and Contractors reported recently that its Construction Backlog Indicator rose to 8.2 months in February, according to an ABC member survey conducted
Nonresidential Construction Spending Stabilizes in January 2021, Down 5% Since January 2020, Says ABC
National nonresidential construction spending increased 0.9% on a monthly basis in January 2021 but is down 5% since January 2020, according to an Associated Builders
Arizona Is the No. 1 Merit Shop Construction State, According to ABC’s 2020 Scorecard
Arizona topped the rankings for the first time this year based on the state’s promotion of free enterprise and investment in tomorrow’s construction workforce.
Dems Gain Senate Majority; Congress Certifies Biden Victory
Democratic U.S. Senate Candidates Jon Ossoff and Raphael Warnock were declared winners of the two Georgia runoff elections held on Jan. 5, and Congress has certified
U.S. Economy Expands at 33.1% Annual Rate in Q3 of 2020, Says ABC
The U.S. economy expanded at an annualized rate of 33.1% during the third quarter of 2020, helping to offset a significant share of the economic loss sustained during
Nonresidential Construction Employment Expands in September, Says ABC
The construction industry added 26,000 jobs on net in September, according to an Associated Builders and Contractors analysis of data released recently by the U.S.
ABC’s Construction Backlog Indicator Rebounds in August; Contractor Optimism Builds
Associated Builders and Contractors reported that its Construction Backlog Indicator rebounded to 8.0 months in August, an increase of 0.2 months from July’s reading,
Nonresidential Construction Spending Falls Again in July, Says ABC
National nonresidential construction spending fell 1.2% in July, according to an Associated Builders and Contractors analysis of data published by the U.S. Census
ABC Launches Tech Alliance to Help Contractors Transform the Construction Process
Associated Builders and Contractors announced the launch of its inaugural Tech Alliance—a consortium of firms that create construction technology and innovative
ABC Honors Student Winners of 2020 Construction Management Competition
Twenty-six teams of undergraduate students from colleges and universities nationwide put their construction project leadership skills to the test during Associated
ABC Honors Student Winners of 2020 Construction Management Competition
Twenty-six teams of undergraduate students from colleges and universities nationwide put their construction project leadership skills to the test during Associated
Construction Output Drops Significantly Due to COVID-19, Says ABC
The U.S. economy contracted at an annualized rate of 32.9% during the second quarter of 2020 due to declines in personal consumption, exports and private inventory
The Bottom Line With Anirban Basu—July 14, 2020
Associated Builders and Contractors reported today that its Construction Backlog Indicator rose to 8.1 months in June.
ABC’s Construction Backlog Indicator Inches Higher in May; Contractor Confidence Continues to Rebound
Associated Builders and Contractors reported that its Construction Backlog Indicator rose to 7.9 months in May, an increase of less than 0.1 months from April’s
Nonresidential Construction Spending Falls in April, Says ABC
National nonresidential construction spending decreased by 1.8% in April, according to an Associated Builders and Contractors analysis of data published by the U.S.
Drop in April Construction Input Prices Could Help Stabilize Nonresidential Sector
Construction input prices fell 4.4% in April from the previous month, according to an ABC analysis of BLS Producer Price Index data. Nonresidential construction