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Tuesday, June 11, 2019 10:53 AM
WASHINGTON, June 11—Construction input prices rose slightly by 0.3% in May on a monthly basis and are up 0.6% over the last 12 months, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data released today. Nonresidential input prices were also up 0.3% compared to the previous month and are 1.1% higher than they were a year ago.
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Friday, June 7, 2019 11:01 AM
WASHINGTON, June 7 – The construction industry added 4,000 net new jobs in May, according to an Associated Builders and Contractors analysis of data released today from the U.S. Bureau of Labor Statistics. On a year-over-year basis, construction employment has expanded by 215,000 jobs, an increase of 3.0%.Nonresidential employment lost 1,500 net jobs last month but is up by 136,000 jobs compared to the same time last year.
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Tuesday, June 4, 2019 10:06 AM
WASHINGTON, June 4—Associated Builders and Contractors today released its 2019 Top Performers lists, which recognize ABC member contractors’ achievements in safety, quality, diversity and project excellence ranked by work hours, with special designations identified. Published as a supplement to Construction Executivemagazine, the lists identify the Top 150 Performers, Top 50 Performers with Special Designations and Top 20 Performers by Region.
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Monday, June 3, 2019 3:00 PM
WASHINGTON, June 3—Associated Builders and Contractors today praised Texas Gov. Greg Abbott (R) for signing the Neutrality in State Government Contracting bill (HB 985), which protects Texas taxpayers by ensuring all of Texas’ skilled construction workforce can compete on a level playing field for public works contracts to build projects utilizing state funding or credit.
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Monday, June 3, 2019 12:20 PM
WASHINGTON, June 3—According to an Associated Builders and Contractors analysis of U.S. Census Bureau data released today, national nonresidential construction spending rose 0.3% in April, totaling $792.6 billion on a seasonally adjusted annualized basis, which is a 6.4% increase compared to the same time last year. While public nonresidential spending expanded 4.8% on a monthly basis and increased 15.4% since April 2018, private nonresidential spending fell 2.9% in April and is up just 0.6 % year-over-year.
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Wednesday, May 29, 2019 9:45 AM
WASHINGTON, May 29—In April, for the second month in a row, estimated 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. Mississippi was the only state with an increase, where construction unemployment rose from 9.2% in April 2018 to 10% in the most recent report.
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Thursday, May 23, 2019 9:45 AM
WASHINGTON, May 23—Construction industry leaders remained upbeat with respect to nonresidential construction prospects in March 2019, according to the latest Construction Confidence Index released today by Associated Builders and Contractors.
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Tuesday, May 21, 2019 9:45 AM
WASHINGTON, May 21—Associated Builders and Contractors reports that its monthly Construction Backlog Indicator expanded to 9.5 months in March 2019, up 0.7 months or 8.8% since February 2019 when CBI stood at 8.8 months.
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Thursday, May 16, 2019 5:31 PM
WASHINGTON, May 16—Associated Builders and Contractors President and CEO Michael Bellaman commented today on President Trump’s new immigration proposal, which would create a “merit-based” visa system to address the workforce needs of U.S. industries
like construction. Bellaman said:
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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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