Posted on Thursday, January 11, 2018 3:02 PM By Francis Lowe
Overall construction input prices declined 0.1 percent in December, yet despite the lack of inflation for the month, prices are up 5 percent on a year-over-year basis, according to an Associated Builders and Contractors (ABC) analysis of Bureau of Labor Statistics data released today. Nonresidential construction materials prices also declined 0.1 percent for the month and are up 4.8 percent from the same time one year ago.
Posted on Wednesday, December 13, 2017 11:13 AM By Francis Lowe
A study released this month by the Illinois Policy Institute found that repealing the state’s prevailing wage law would help boost the state’s economy by lowering the cost to taxpayers on publicly funded construction projects and spurring job growth in the construction industry.
Posted on Wednesday, December 6, 2017 4:44 PM By Francis Lowe
The U.S. Senate passed sweeping tax reform legislation on Dec. 2, overcoming a number of setbacks over the course of a long week. The effort to win over holdouts and cobble together the necessary votes led to a number of late-breaking changes to the bill, culminating in what was essentially a party line vote, with Senator Bob Corker (R-Tenn.) as the only dissenting Republican.
Posted on Wednesday, November 15, 2017 5:15 PM By Francis Lowe
Construction input prices remained unchanged on a monthly basis in October, according to analysis of today’s Bureau of Labor Statistics release by Associated Builders and Contractors (ABC). Overall construction input prices have expanded 4.3 percent year over year, while nonresidential input prices have expanded 4.1 percent since October 2016. Crude petroleum prices rose 6.6 percent for the month and are up 7.7 percent for the year. No other input manifested significant price growth in October.
Posted on Wednesday, November 15, 2017 4:55 PM By Francis Lowe
ABC congratulates Justin Baker, executive vice president of Gaylor Electric in Mooresville, N.C., for being named ABC's Young Professional of the Year. Baker accepted the award Nov. 8 during ABC's Leadership Week Conference in Orlando, Fla.
Posted on Wednesday, November 8, 2017 4:21 PM By Francis Lowe
.ABC tanked House Republicans for working diligently with the White House to get a long-overdue tax reform bill off the ground and begin the legislative process. Our members will feel the direct positive impact of this bill with another dollar in their paychecks, allowing them to create jobs and drive growth.
Posted on Wednesday, October 25, 2017 2:55 PM By Francis Lowe
A record number of project owners joined ABC contractors last week at the fifth annual ABC Users Summit in New Orleans to discuss how to collaboratively improve the planning and delivery of high-quality construction projects. Thank you to our Executive and Associate Sponsors for their support of our fifth annual ABC Users Summit. View the 2017 summit program for additional details.
Posted on Friday, September 1, 2017 1:58 PM By Francis Lowe
We have all been affected by the scenes that continue to unfold of the devastation caused by Hurricane Harvey, one of the worst natural disasters ever to hit our country. When the flood waters recede, ABC contractor members and their employees will be asked to help rebuild Houston and other communities along the Texas Gulf Coast.
Posted on Wednesday, August 23, 2017 1:17 PM By Francis Lowe
Watson Electrical Construction Co. LLC of Wilson, N.C., a member of ABC’s Carolinas Chapter, has been awarded Accredited Quality Contractor (AQC) status by ABC. The AQC program recognizes and honors construction firms that document their commitment to excellence in five key areas of corporate responsibility: quality, safety, employee benefits, training and community relations.
Posted on Wednesday, August 16, 2017 3:39 PM By Francis Lowe
From a live interview with Fox Business anchor Maria Bartiromo this morning to recent appearances on RT’s “Boom Bust,” Michael Bellaman has been a more frequent presence on cable news since workforce development and infrastructure rebuilding have risen on the national agenda.