China controls the market for nearly 35 precious minerals and metals that are important for production and manufacturing, and tungsten is among them. However, new market entrants have begun mining projects that are critical to increase supply levels and exports back to the United States.
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. Bureau of Labor Statistics.
Majority of Contractors Fear Long-Term Implications of COVID-19 on Their Businesses, Survey Says
A recent survey reveals that most contractors have been negatively impacted by COVID-19 in some fashion, and they expect to see the trend continue into 2021.
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, according to an ABC member survey conducted Aug. 20-Sept. 1.
COVID-19 Crushes Construction Starts in Most Metro Areas During First-Half 2020
The damage to commercial and multifamily construction during the first half of the year was palpable. Commercial and multifamily construction starts in the top 20 metropolitan areas posted a 22% drop through the first six months of 2020.
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 Bureau.
Construction Executive 2020 Economic Survey
CE seeks to gauge contractors' experiences and market predictions as the pandemic lasts through the remainder of 2020.
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 investment, among other factors.












