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Friday, December 4, 2020 3:25 PM
WASHINGTON, Dec. 4—The construction industry added 27,000 net new jobs in November, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. During the last seven months, the industry has added 804,000 jobs, recovering 74% of the losses incurred during earlier stages of the pandemic.
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Thursday, December 3, 2020 12:33 PM
WASHINGTON, Dec. 3—Like most of the economy, construction, and therefore construction employment, was hit hard by the spread of COVID-19 and measures to limit the pandemic. However, construction performed better than many other occupational groups and has been relatively quick to rebound, though not back to its pre-COVID-19 levels, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors.
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Tuesday, December 1, 2020 12:39 PM
WASHINGTON, Dec. 1—National nonresidential construction spending was virtually unchanged in October, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted, annualized basis, spending totaled $792.4 billion for the month.
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Wednesday, November 18, 2020 8:23 AM
WASHINGTON, Nov. 18―Associated Builders and Contractors’ Board of Directors elected Steve Klessig, vice president of architecture and engineering, Keller Inc., to serve as the 2020 ABC national chair during a meeting at the association’s annual Leadership Institute in Scottsdale, Arizona.
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Friday, November 13, 2020 9:45 AM
WASHINGTON, Nov. 13—Construction input prices remained virtually unchanged in October compared to the previous month, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices also remained unchanged for the month.
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Tuesday, November 10, 2020 10:00 AM
WASHINGTON, Nov. 10— Associated Builders and Contractors reported today that its Construction Backlog Indicator rebounded to 7.7 months in October, an increase of 0.2 months from September’s reading, according to an ABC member survey conducted from Oct. 20 to Nov. 5. Backlog is 1.2 months lower than in October 2019.
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Monday, November 9, 2020 9:00 AM
WASHINGTON, Nov. 8—Apprenticeships are a key part of Associated Builders and Contractors’ commitment to an all-of-the-above approach for developing a safe, skilled and productive workforce that meets the current and future needs of the construction industry. During the U.S. Department of Labor’s Apprenticeship Week, Nov. 8-14, ABC celebrates the value of earn-while-you-learn opportunities for women, minorities, veterans, students, non-graduates and people laid off during the pandemic or seeking new careers, re-entry to the workforce or a second chance.
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Friday, November 6, 2020 9:56 AM
WASHINGTON, Nov. 6—The construction industry added 84,000 net new jobs in October, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. During the last six months, the industry has added 789,000 jobs, recovering 73% of the jobs lost during earlier stages of the pandemic.
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Monday, November 2, 2020 11:27 AM
WASHINGTON, Nov. 2—National nonresidential construction spending fell 1.6% in September, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, monthly spending totaled $794.3 billion.
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Thursday, October 29, 2020 11:14 AM
WASHINGTON, Oct. 29—The U.S. economy expanded at an annualized rate of 33.1% during the third quarter of 2020, helping to offset a significant share of the economic loss sustained during the second quarter, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Economic Analysis. Increases in personal consumption expenditures, private inventory investment and exports drove the partial rebound.
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