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Friday, January 15, 2021 9:51 AM
Construction input prices increased 1.8% in December 2020 compared to the previous month, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices rose 2.1% for the month.
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Tuesday, January 12, 2021 10:00 AM
Associated Builders and Contractors reported today that its Construction Backlog Indicator rebounded modestly to 7.3 months in December, an increase of 0.1 months from November’s reading, according to an ABC member survey conducted from Dec. 18 to Jan. 5. Backlog is 1.5 months lower than in December 2019.
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Friday, January 8, 2021 10:36 AM
The construction industry added 51,000 net new jobs in December, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. During the last eight months, the industry has added 857,000 jobs, recovering 79.1% of the jobs lost during the earlier stages of the pandemic.
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Friday, January 8, 2021 9:45 AM
Associated Builders and Contractors President and CEO Michael Bellaman released the follow statement on President-elect Joe Biden’s nomination of Boston Mayor Marty Walsh to run the U.S. Department of Labor
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Wednesday, January 6, 2021 10:55 AM
Associated Builders and Contractors Vice President of Regulatory, Labor and State Affairs Ben Brubeck released the following statement regarding the U.S. Department of Labor’s Independent Contractor Final Rule.
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Monday, January 4, 2021 11:49 AM
National nonresidential construction spending fell 0.6% in November 2020, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, spending totaled $792.5 billion for the month.
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Thursday, December 17, 2020 2:25 PM
ABC released its 2020 Merit Shop Scorecard today, an annual ranking based on state policies and programs that encourage workforce development, strengthen career and technical education, grow careers in construction and promote fair and open competition for taxpayer-funded construction projects.
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Tuesday, December 15, 2020 1:13 PM
Associated Builders and Contractors' Chief Economist Anirban Basu forecasts a recession threat for the construction sector next year, but has illuminated some potential economic bright spots, such as e-commerce and Class B office space, according to a 2021 economic outlook published in Construction Executive magazine.
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Friday, December 11, 2020 10:07 AM
WASHINGTON, Dec. 11—Construction input prices fell 0.5% in November compared to the previous month, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices fell 0.4% for the month.
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Tuesday, December 8, 2020 12:00 PM
WASHINGTON, Dec. 8—Associated Builders and Contractors reported today that its Construction Backlog Indicator declined to 7.2 months in November, a decrease of 0.5 months from October’s reading, according to an ABC member survey conducted from Nov. 20 to Dec. 2. Backlog is 1.7 months lower than in November 2019.
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