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From the monthly archives: June 2018

We are pleased to present below all posts archived in 'June 2018'. If you still can't find what you are looking for, try using the search box.

ABC and JLG Form Strategic Partnership to Advance Innovation in Construction

Wednesday, June 27, 2018 9:45 AM
WASHINGTON, June 27—National construction trade association Associated Builders and Contractors and access equipment manufacturer JLG Industries Inc. today announced a strategic partnership that will help solve industry challenges with world-class education, training and equipment solutions. The announcement was made by company executives in Washington, D.C., during ABC’s Legislative Week. Read the rest of entry »

May Construction Unemployment Rates Down Year Over Year in 45 States, Says ABC

Tuesday, June 26, 2018 9:45 AM
WASHINGTON, June 26—Estimated May construction unemployment rates fell in 45 states on a year-over-year basis, rose in four states and were unchanged in one state (Alabama), according to an analysis of U.S. Bureau of Labor Statistics  data released today by Associated Builders and Contractors. Read the rest of entry »

New Career Resource Launched by ABC and Real Estate Industry Organizations

Friday, June 22, 2018 2:42 PM
WASHINGTON, June 25—Associated Builders and Contractors has teamed up with more than two dozen real estate industry trade associations to highlight the rich variety of career paths in the real estate sector. The group collaborated on a new website, CareersBuildingCommunities.org, which allows visitors to navigate through the scores of career paths across all sectors of real estate as the industry confronts the need to fill millions of jobs in the coming decades. Read the rest of entry »

ABC’s Construction Confidence Index Surges in Q1

Wednesday, June 20, 2018 8:56 AM
 WASHINGTON, June 20—Despite ongoing concerns regarding labor force availability and rising interest rates, and emerging concerns regarding tariffs and construction materials prices, construction contractors emerged from the first quarter of 2018 with tremendous confidence, according to the Associated Builders and Contractors (ABC) Construction Confidence Index (CCI). Each of the three indices—sales, profit margins and staffing levels—increased during the first quarter and remain well above the threshold reading of 50. Read the rest of entry »

ABC Applauds Final Rule on Association Health Plans

Tuesday, June 19, 2018 1:27 PM
WASHINGTON, June 19—Associated Builders and Contractors (ABC) today released the following statement from Sam Melamed, CEO of the ABC Insurance Trust, following the U.S. Department of Labor’s release of its final rule on Association Health Plans (AHPs). Read the rest of entry »

ABC’s Construction Backlog Indicator Remains Elevated in First Quarter of 2018

Monday, June 18, 2018 11:44 AM
WASHINGTON, June 18—Associated Builders and Contractors (ABC) reports that its Construction Backlog Indicator (CBI) contracted to 8.8 months during the first quarter of 2018, down 9 percent from the prior quarter. CBI is down 2 percent on a year-over-year basis. Read the rest of entry »

Construction Materials Prices Surge Again in May With Largest Monthly Increase in a Decade, Says ABC

Wednesday, June 13, 2018 10:52 AM
 WASHINGTON, June 13—Prices for inputs to construction materials expanded 2.2 percent in May and are 8.8 percent higher than at the same time one year ago, according to an Associated Builders and Contractors (ABC) analysis of U.S. Bureau of Labor Statistics data released today. This represents the largest monthly increase in 10 years (since May 2008). Nonresidential construction input prices increased 2.3 percent for the month and 8.9 percent for the year. Read the rest of entry »

Nonresidential Construction Remains Unchanged in April, Says ABC

Friday, June 1, 2018 2:10 PM
WASHINGTON, June 1—Nonresidential construction spending remained unchanged in April on a monthly basis, according to an Associated Builders and Contractors (ABC) analysis of U.S. Census Bureau data released today. However, year-over-year spending was up a sturdy 6.1 percent. Read the rest of entry »

Construction Adds 25,000 Jobs in May, Says ABC

Friday, June 1, 2018 10:55 AM

WASHINGTON, June 1—The U.S. construction industry added 25,000 net new jobs in May, according to Associated Builders and Contractors’ (ABC) analysis of data from the U.S. Bureau of Labor Statistics. This follows a 21,000 net job gain in April (revised upward from 17,000). The industry has gained 286,000 jobs on a year-over-year basis, the largest such increase since April 2016.


Read the rest of entry »

April Construction Unemployment Rates Down Year Over Year in 19 States, Says ABC

Friday, June 1, 2018 9:45 AM
WASHINGTON, June 1—Estimated April construction unemployment rates fell in 19 states on a year-over-year basis, were unchanged in four states and rose in 27 states, according to an analysis of U.S. Bureau of Labor Statistics (BLS) data released today by Associated Builders and Contractors (ABC). Read the rest of entry »