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Tuesday, August 11, 2020 10:30 AM
WASHINGTON, Aug. 11—Construction input prices rose 1.9% in July over 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 1.8% for the month.
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Tuesday, August 11, 2020 9:25 AM
WASHINGTON, Aug. 11—Associated Builders and Contractors reported today that its Construction Backlog Indicator declined to 7.8 months in July, a decrease of 0.3 months from the June reading, according to an ABC member survey conducted from July 20 to Aug. 5. Backlog is a full month lower than in July 2019.
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Friday, August 7, 2020 10:13 AM
WASHINGTON, Aug. 7—The construction industry added 20,000 jobs on net in July, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. During the last three months, the industry has added 639,000 jobs, recovering roughly 59% of the jobs lost since the start of the pandemic-induced recession.
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Tuesday, August 4, 2020 2:40 PM
WASHINGTON, Aug. 4—Construction Executive magazine, published by Associated Builders and Contractors, today announced The Top 50 Construction Accounting Firms™ in the United States, which will be published in the magazine’s 200th July/August 2020 edition. The list also includes the top 10 construction accounting firms ranked by the total number of construction CPAs, percentage of revenue from construction, total number of employees with a certified construction industry financial professional certification and number of U.S. offices.
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Monday, August 3, 2020 11:57 AM
WASHINGTON, Aug. 3—National nonresidential construction spending declined 0.2% in June, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted, annualized basis, spending totaled $812.9 billion for the month.
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Thursday, July 30, 2020 10:38 AM
WASHINGTON, July 30—The U.S. economy contracted at an annualized rate of 32.9% during the second quarter of 2020, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Economic Analysis. Nonresidential and residential fixed investment contracted by 27.0 and 38.7%, respectively, while investment in nonresidential fixed structures contracted by 34.9%.
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Wednesday, July 15, 2020 7:33 PM
WASHINGTON, July 15—Associated Builders and Contractors Vice President of Legislative & Political Affairs Kristen Swearingen issued the following statement on the final National Environmental Policy Act rule, which was released today:
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Tuesday, July 14, 2020 9:30 AM
WASHINGTON, July 14—Associated Builders and Contractors reported today that its Construction Backlog Indicator rose to 8.1 months in June, an increase of 0.2 months from May’s reading. CBI is down approximately 8% from its June 2019 level. Every region except the Middle States experienced an increase in backlog in June compared to May, according to an ABC member survey conducted from June 20-July 1.
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Friday, July 10, 2020 11:31 AM
WASHINGTON, July 10—Construction input prices rose 2.2% in June, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices rose by 2.3% for the month.
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Monday, July 6, 2020 2:16 PM
WASHINGTON, July 6—Associated Builders and Contractors today announced the cancellation of ABC Convention 2020, which was scheduled for Aug. 17-19 in Nashville, Tennessee. The event, which includes the National Craft Championships, Construction Management Competition and National Excellence in Construction® Awards, was previously postponed from March due to the coronavirus pandemic.
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