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Thursday, May 9, 2019 10:17 AM
WASHINGTON, May 9—Construction input prices increased 0.9% in April on a monthly basis and 2.4% compared to the same time last year, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data released today. Nonresidential input prices rose 0.9% compared to March and are up 2.8% on an annual basis.
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Tuesday, May 7, 2019 2:16 PM
WASHINGTON, May 7—Construction Executive, the magazine for the business of construction, won an ASAE 2019 Gold Circle Award in the e-newsletter category for CE This Week. The customizable weekly newsletter was launched in 2018 along with a newconstructionexec.com website to celebrate the magazine’s 15th anniversary as the leading source for news, market developments and business issues impacting the construction industry.
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Monday, May 6, 2019 9:30 AM
WASHINGTON, May 6—Associated Builders and Contractors released its 2019 Safety Performance Report today, an annual assessment that furthers the construction industry’s understanding of how to achieve world-class safety through its STEP Safety Management System. Published in conjunction with Construction Safety Week, the report documents the dramatic impact of using proactive safety practices to reduce recordable incidents by up to 85%, making the best-performing companies 680% safer than the industry average.
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Friday, May 3, 2019 10:42 AM
WASHINGTON, May 3 – The construction industry added 33,000 net new jobs in April, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics released today. Compared to the same time last year, industry employment is up by 256,000 jobs, an increase of 3.5 percent.
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Thursday, May 2, 2019 9:30 AM
WASHINGTON, May 2—Estimated March not seasonally adjusted construction unemployment rates fell nationally and in 49 states on a year-over-year basis, according to an analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. Nebraska was the sole outlier, where construction unemployment rose from 5.1% in March 2018 to 5.3 in this latest report. The country and 31 of the states posted their lowest March construction unemployment rates on record.
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Wednesday, May 1, 2019 12:11 PM
WASHINGTON, May 1— According to an Associated Builders and Contractors analysis of U.S. Census Bureau data released today, national nonresidential construction spending declined 0.3% in March 2019. On a seasonally adjusted, annualized basis, nonresidential spending totaled $775.2 billion for the month, which represents a 4.8% increase compared to the same time last year.
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Friday, April 26, 2019 11:15 AM
WASHINGTON, April 26— The U.S. economy expanded at an annualized 3.2% rate during the first quarter of 2019, according to an Associated Builders and Contractors assessment of data released today by the U.S. Bureau of Economic Analysis. The pace of growth exceeded expectations, as many economists predicted growth would be closer to 2.5%.
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Thursday, April 18, 2019 9:55 AM
WASHINGTON, April 18—Construction industry leaders remained confident regarding nonresidential construction prospects in February 2019, according to the latest Construction Confidence Index released by Associated Builders and Contractors today.
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Wednesday, April 17, 2019 12:21 PM
WASHINGTON, April 17—According to the results of Associated Builders and Contractors’ 2019 Workforce Development Survey, ABC members invested $1.6 billion to educate their employees in 2018, up from $1.1 billion in 2013. The 45% increase in spending resulted in nearly twice as many course attendees—more than 980,000—receiving craft, leadership and safety education to advance their careers in commercial and industrial construction.
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Tuesday, April 16, 2019 9:26 AM
WASHINGTON, April 16—Associated Builders and Contractors reported today that its Construction Backlog Indicator expanded to 8.8 months in February 2019, up 0.7 months or 8.2% from January 2019, when the backlog dipped to 8.1 months.
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