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ABC, USVBA Agree to Promote Veteran Construction Businesses

Monday, April 16, 2018 8:45 AM
WASHINGTON, April 18—Associated Builders and Contractors (ABC) and the U.S. Veterans Business Alliance (USVBA) recently signed a memorandum of understanding to collaborate on expanding the participation of veteran and disabled veteran businesses in the merit shop construction industry. Read the rest of entry »

Contractors Remain Upbeat, According to ABC’s Latest Construction Confidence Index

Monday, April 16, 2018 8:30 AM
WASHINGTON, April 16—Commercial and industrial construction contractors entered 2018 with abundant confidence regarding sales and staffing levels for the next six months, according to the latest Construction Confidence Index (CCI) released by Associated Builders and Contractors (ABC). All three components surveyed—sales, profit margins and staffing levels—remained well above 50 in the diffusion index, signaling ongoing progress. But the average contractor is less confident about profit margins than they were a year ago. Read the rest of entry »

Construction Material Price Expansion Continues in March, ABC Says

Tuesday, April 10, 2018 11:29 AM

WASHINGTON, April 10—Prices for inputs to construction materials expanded 0.8 percent in March and are 5.8 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. Prices for nonresidential construction inputs increased 0.9 percent on a monthly basis and are up 5.6 percent year over year.

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Construction Employment Falters in March, Says ABC; Nonresidential Segment Loses 8,200 Net Jobs

Friday, April 6, 2018 10:59 AM
WASHINGTON, April 6—The U.S. construction industry lost 15,000 jobs on net in March, according to an Associated Builders and Contractors (ABC) analysis of data from the U.S. Bureau of Labor Statistics (BLS). This represents a significant reversal from February, when the industry added a post-recession high of 65,000 net new jobs (upwardly revised from +61,000).  Read the rest of entry »

Nonresidential Construction Flat in February, Says ABC; Public Sector Spending Plummets

Monday, April 2, 2018 11:37 AM
WASHINGTON, April 2—Nonresidential construction spending inched 0.1 percent higher in February, according to an Associated Builders and Contractors (ABC) analysis of U.S. Census Bureau data released today. Nonresidential spending, which totaled $732.8 billion on a seasonally adjusted, annualized basis, has expanded 1.3 percent since February 2017. Read the rest of entry »

February Construction Unemployment Rates Down Year Over Year in 34 States, Says ABC

Thursday, March 29, 2018 4:30 PM
WASHINGTON, April 3—The February 2018 not seasonally adjusted (NSA) national construction unemployment rate was 7.8 percent, down 1 percent from February 2017 and the lowest national February rate on record, according to an analysis of U.S. Bureau of Labor Statistics (BLS) data released today by Associated Builders and Contractors (ABC). Estimated construction unemployment rates were down in 34 states on a year-over-year basis, unchanged in one state (Arizona) and up in 15 states. Read the rest of entry »

Top Craft Professional, Instructor Honored at ABC Convention 2018

Tuesday, March 27, 2018 10:30 AM
WASHINGTON, March 26—Associated Builders and Contractors (ABC) named the nation’s top craft professional and craft instructor during ABC Convention 2018 last week in Long Beach, Calif.  Richard Brown of Gaylor Electric Inc. was named 2018 Craft Professional of the Year, and William Fuller of ABC’s Greater Houston Chapter was named 2018 Craft Instructor of the Year. Read the rest of entry »

ABC Honors Future Construction Leaders at Annual College Student Competition

Friday, March 23, 2018 12:34 PM
LONG BEACH, Calif., March 23—Sixteen teams of four undergraduate students from colleges and universities nationwide put their construction project leadership skills to the test during Associated Builders and Contractors’ (ABC) annual Construction Management Competition (CMC) at ABC Convention 2018 in Long Beach, Calif. Teams were assigned to manage the completion of the same mock project over two days. First, second and third place awards in five categories were presented to the winners at the Careers in Construction Awards ceremony at the convention’s conclusion on March 22. Read the rest of entry »

ABC Congratulates 2018 National Craft Champions

Friday, March 23, 2018 9:00 AM
Long Beach, Calif., March 23—Associated Builders and Contractors (ABC) announced the winners of the 31st annual National Craft Championships (NCC) during its Careers in Construction Awards ceremony at the conclusion of ABC Convention 2018 in Long Beach, Calif. Read the rest of entry »

ABC Announces National Diversity Excellence Award Winners

Thursday, March 22, 2018 9:03 AM
LONG BEACH, Calif., March 22— Associated Builders and Contractors (ABC) today announced that it has awarded National Diversity Excellence Awards to six member companies. Representatives from each company received the award on March 21 at ABC’s 28th annual Excellence in Construction® Awards during ABC Convention 2018 in Long Beach, Calif. Read the rest of entry »