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
DOL Issues Additional Guidance on Families First Coronavirus Response Act
The U.S. Department of Labor continues to issue compliance assistance materials on the Families First Coronavirus Response Act, which went into effect on April 1.
Nonresidential Construction Employment Expands in February, Says ABC
The construction industry added 42,000 net new jobs in February, according to an ABC analysis of data released by the BLS. On a year-over-year basis, industry employment
Monthly Construction Input Prices Drop in February, Says ABC
Construction input prices fell 0.6% in February and are up 0.4% year-over-year, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor
ABC Reschedules ABC Convention 2020
In consideration of the health and safety concerns presented by COVID-19 as a pandemic, Associated Builders and Contractors Inc., publisher of Construction Executive,
Nonresidential Construction Spending Attains All-time High in January, Says ABC
National nonresidential construction spending increased by 1.6% in January and is up 5.1% on a year-ago basis, according to an Associated Builders and Contractors
Monthly Construction Input Prices Rise Slightly in January, Says ABC
Construction input prices rose 0.3% in January compared to December 2019 and are up 1.9% year-over-year, according to an Associated Builders and Contractors analysis
NDAA Conference Report Contains Provisions Affecting Contractors
The conference report for the National Defense Authorization Act for fiscal year 2020 passed the House on Dec. 11 and is expected to be enacted into law.
Nonresidential Construction Continues to Add Jobs, Says ABC
The construction industry added 10,000 net new jobs in October, according to an ABC analysis of data released by the BLS. On a year-over-year basis, industry employment
September Construction Unemployment Rates Down in 48 States Year-Over-Year, Says ABC
In September, estimated not seasonally adjusted construction unemployment rates fell nationally and in 48 states and rose in two states on a year-over-year basis,
Construction Input Prices Slide in September, Says ABC
Construction input prices fell 0.6% in September and are down 1.7% year-over-year, according to an ABC analysis of the BLS' Producer Price Index dat. Nonresidential
Nonresidential Construction Employment Rises in September, Says ABC
The construction industry added 7,000 net new jobs in September, according to an ABC analysis of data released by the BLS. On a year-over-year basis, industry employment