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
U.S. Economy Fell 4.8% in First Quarter of 2020 Due to COVID-19, Says ABC
The U.S. economy contracted at an annualized 4.8% rate during the first quarter of 2020 as a result of the ongoing global pandemic, according to an ABC analysis
Contractor Confidence Rebounds Slightly, Despite Low Backlogs
ABC's Construction Backlog Indicator fell to 7.8 months in April, the series’ lowest reading since the third quarter of 2012. Yet, companies express positive hiring
Nonresidential Construction Spending Falls Slightly in March, Says ABC
National nonresidential construction spending fell 0.1% in March and is up 2.0% compared to the same time last year, according to an Associated Builders and Contractors
Federal Reserve Announces Main Street Lending Program
Last week, the Federal Reserve took additional actions to provide up to $2.3 trillion in loans to support the economy during the COVID-19 health crisis.
Monthly Construction Input Prices Drop in March, Says ABC
Construction input prices fell 1% in March from the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’
COVID-19 Cuts Nonresidential Construction Employment in March, Says ABC
Construction industry employment declined by 29,000 in March, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of
February’s Construction Spending Decline Indicates What’s to Come, Says ABC
National nonresidential construction spending fell 1.8% in February, but is up 2.5% compared to the same time last year, according to an Associated Builders and