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Celebrate Careers in Construction This October!

October is Careers in Construction Month, creating the perfect opportunity to highlight the many career opportunities within the construction industry—especially given the currently estimated 500,000 open construction positions in the United States. ABC National has developed outreach materials including a draft letter to the editor, social media assets to share and educational resources to help ABC members and volunteers promote Careers in Construction Month in local markets throughout the month. Read the rest of entry »

New Video: See Highlights of the 2018 Construction Management Competition

Sixteen teams of four undergraduate students from colleges and universities nationwide put their construction project leadership skills to the test during ABC’s annual Construction Management Competition 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 at the convention’s conclusion on March 22. Watch highlights here! Read the rest of entry »

Nonresidential Spending Reaches New High in August

National nonresidential construction spending expanded 0.7 percent in August to its highest level since the U.S. Census Bureau began the data series in 2002, according to an ABC analysis. Total nonresidential spending stood at $762.7 billion on a seasonally adjusted, annualized rate in August, which represents an increase of 8.4 percent compared to one year ago. Private nonresidential spending fell 0.2 percent in August largely due to a 1.3 percent decline in power-related spending and public nonresidential spending increased 2 percent. Read the rest of entry »

Leading into November Elections, House Passes Tax Reform 2.0

On Sept. 27 and 28, the U.S. House of Representatives passed three bills (H.R. 6757, H.R. 6756 and H.R. 6760) that comprise the Tax Reform 2.0 package. ABC key voted these three bills and appreciates the important work of the House in moving these bills forward and building on the successes of the Tax Cuts and Jobs Act. These bills now move to the Senate, where their fate will likely be determined after the November elections by whichever party is in control of the Congress in 2019.  Read the rest of entry »

ABC Highlights Economic Benefits of Tax Reform on Small Businesses in Congressional Testimony

Larry Lopez, president and chief executive officer of Green JobWorks, Baltimore, and chairman of ABC’s Diversity Committee, testified today before the U.S. House of Representatives Subcommittee on Economic Growth, Tax and Capital Access on how recent economic growth is positively impacting local communities. Lopez outlined how small businesses—which account for the majority of U.S. construction firms—are benefiting because of the Tax Cuts and Jobs Act and other pro-business policies implemented by Congress and the Trump administration. Read the rest of entry »

Contractors Remain Upbeat in Q2, According to ABC’s Latest Construction Confidence Index

Construction contractors remained confident during the second quarter of 2018, according to the latest Construction Confidence Index released today by ABC. More than three in four construction firms expect that sales will continue to rise over the next six months, while three in five expect higher profit margins. More than seven in 10 expect to bolster staffing levels, though that proportion has fallen relative to the previous quarter, perhaps in part due to the skilled labor shortage in the United States.  Read the rest of entry »

Ivanka Trump Visits S & B’s New Construction Craft Education Facility in Baytown, Texas

ABC member company S & B Engineers and Constructors Ltd. celebrated the grand opening this week of their new Craft Education and Skills Enhancement Center, a 12,500-square-foot education facility that includes three classrooms and five bays for hands-on craft education activities. Located in Baytown, Texas, the facility provides skill enhancement opportunities for S & B’s construction workforce across multiple disciplines, including welding, pipefitting, electrical, millwright, civil and rigging, carpentry, crane operating, ironworking, scaffolding and safety.  Read the rest of entry »

ABC Debuts #ABCMeritShopProud Top 200 Contractors List

Is your company among the biggest and the best? Find out when ABC publishes the #ABCMeritShopProud Top 200 Contractors list to provide recognition to members for their achievements and their commitment to excellence in construction. Unique among industry top contractor lists, the methodology ranks ABC members by company size based on the number of hours worked in 2017 and highlights achievement in safety, quality, diversity and project excellence; federal minority designations; and membership revenue category.    Read the rest of entry »

Watch Highlights From ABC Freedom Fireworks 2018

In front of a nearly sold-out crowd of more than 41,000 people, 2018 National Craft Championships gold medalists and the Craft Professional of the Year stood on the Washington Nationals baseball field July 3 and were honored for their hard work as trained craftsmen. The crowd cheered them on while the ABC logo spread across the stadium, showcasing the theme of the night—free enterprise. Read the rest of entry »

ABC’s Construction Backlog Indicator Hits a New High in Second Quarter of 2018

ABC reports that its Construction Backlog Indicator expanded to a record 9.9 months during the second quarter of 2018. Backlog is up 12.2 percent from the first quarter and 14 percent compared to the same time last year. “Construction backlog has never been higher in the history of this series,” said ABC Chief Economist Anirban Basu. “While contractors collectively reported a higher backlog, it was the industrial contractor segment that had the largest increase in the second quarter.” Read the rest of entry »