Posted on Tuesday, February 5, 2019 9:02 PM By Rachel O'Grady
WASHINGTON, Feb. 5—Associated Builders and Contractors President and Chief Executive Officer Michael D. Bellaman issued the following remarks on President Donald Trump’s State of the Union address.
Posted on Friday, February 1, 2019 12:20 PM By Rachel O'Grady
WASHINGTON, Feb. 1—National nonresidential construction spending declined 1 percent in November, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data released today. The release of November data, originally scheduled for Jan. 3, was delayed by the partial government shutdown.
Posted on Friday, February 1, 2019 11:27 AM By Rachel O'Grady
WASHINGTON, Feb. 1— Construction employment expanded by 52,000 net new jobs in January, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Industry employment is up by 338,000 net jobs on a yearly basis, which represents an increase of 4.7 percent. Nonresidential construction employment grew by 28,600 net new positions on a monthly basis, although the nonresidential building sub-sector lost 800 net positions.
Posted on Friday, January 4, 2019 10:00 AM By anonymous
WASHINGTON, Jan. 4—According to an Associated Builders and Contractors analysis of data released by today the U.S. Bureau of Labor Statistics, construction employment expanded by 38,000 net new jobs in December. Across the industry, employment is up by 280,000 year-over-year, an increase of 4.0 percent.
Posted on Wednesday, December 19, 2018 9:59 AM By anonymous
WASHINGTON, Dec. 19—While construction industry leaders remained confident in the third quarter of 2018, optimism slipped relative to the second quarter, according to the latest Construction Confidence Index released today by Associated Builders and Contractors. Approximately three in four construction firms expect that sales will continue to rise over the next six months and closer to one in ten expect sales to decline over the next two quarters.
Posted on Tuesday, December 11, 2018 11:41 AM By Rachel O'Grady
WASHINGTON, Dec. 11—Construction materials prices fell 1.8 percent in November, according to Associated Builders and Contractors’ analysis of U.S. Bureau of Labor Statistics data released today. Despite the monthly decline, materials prices are still 5.3 percent higher than they were on a year-over-year basis.
Posted on Tuesday, November 27, 2018 12:03 PM By Donna Reichle
WASHINGTON, Nov. 27—Estimated October construction unemployment rates fell nationally and in 45 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.
Posted on Wednesday, November 14, 2018 12:00 PM By anonymous
LAS VEGAS, Nov. 14―The Associated Builders and Contractors Board of Directors elected Tony Rader, telecom vice president for National Roofing Partners, to serve as the 2019 national chair during the association’s annual Leadership Institute in Las Vegas. Ray Zamora, president of AnchorBuilt Inc., was elected chair-elect, and Steve Klessig, vice president of architecture and engineering, Keller Inc. was elected secretary.
Posted on Friday, November 9, 2018 10:43 AM By Rachel O'Grady
WASHINGTON, Nov. 9—Construction prices rose 0.5 percent in October and are 7.9 percent high than at the same time a year ago, according to an analysis of Bureau of Labor Statistics Producer Price Index data conducted by Associated Builders and Contractors. Prices for nonresidential construction inputs also increased 0.5 percent on a month-over-month basis and are up by more than 8 percent on a year-over-year basis.
Posted on Thursday, November 1, 2018 12:02 PM By Donna Reichle
WASHINGTON, Nov. 1—National nonresidential construction spending fell 0.3 percent in September but remains historically elevated, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data released today. Total nonresidential spending stood at $767.1 billion on a seasonally adjusted, annualized rate in September, an increase of 8.9 percent on a year-ago basis.