Tuesday, October 2, 2018 9:45 AM
WASHINGTON, Oct. 2—Estimated August construction unemployment rates fell nationally and in every state except Colorado 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.
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Monday, October 1, 2018 12:31 PM
WASHINGTON, Oct. 1— National nonresidential construction spending expanded
0.7 percent in August to its highest level since the U.S. Census Bureau began
collecting the data in 2002, according to an Associated Builders and
Contractors analysis released today. 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, the largest private construction spending category, and public nonresidential spending increased 2 percent.
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Thursday, September 27, 2018 11:29 AM
WASHINGTON, Sept. 27—Larry Lopez, president and chief executive officer of Green JobWorks, Baltimore, and chairman of Associated Builders and Contractor’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.
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Monday, September 24, 2018 9:45 AM
WASHINGTON, Sept. 24—Construction contractors remained confident during the second quarter of 2018, according to the latest Construction Confidence Index released today by Associated Builders and Contractors.
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Monday, September 17, 2018 9:45 AM
WASHINGTON, Sept. 17—Associated Builders and Contractors 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.
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Wednesday, September 12, 2018 11:41 AM
WASHINGTON, Sept. 12—Prices for inputs to construction fell 0.5 percent in August but are 8.1 percent higher than at the same time one year ago, according to an Associated Builders and Contractors analysis of Bureau of Labor Statistics data released today. Nonresidential construction input prices fell 0.4 percent in August but are up 8.3 percent year-over-year. Softwood lumber prices plummeted 9.6 percent in August yet are up 5 percent on a yearly basis (down from a 19.5 percent increase year-over-year in July).
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Friday, September 7, 2018 9:46 AM
WASHINGTON, Sept. 7—The U.S. construction industry added 23,000 net new jobs in August, an increase from the 18,000 net new jobs added in July, according to an Associated Builders and Contractors analysis of data supplied by the U.S. Bureau of Labor Statistics. The industry has added 297,000 net new jobs since August 2017, a 4.3 percent increase. Nonresidential construction employment increased by 9,600 net jobs in August, although the heavy and civil engineering category lost 200 net jobs for the month.
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Thursday, September 6, 2018 2:34 PM
WASHINGTON, Sept. 6, 2018—Associated Builders and Contractors recently announced that United Rentals, Inc., the world’s largest equipment rental company, has signed on as the sponsor of ABC’s diversity and inclusion initiatives, including the Diversity & Inclusion Summit and National Diversity Excellence Awards.
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Tuesday, September 4, 2018 11:45 AM
WASHINGTON, Sept. 4—National nonresidential construction spending declined 0.3 percent in July, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data released today. Total nonresidential spending stood at $748.8 billion on a seasonally adjusted, annualized rate in July, an increase of 5.3 percent from the same time last year. Private nonresidential spending fell 1 percent in July, while public nonresidential spending expanded 0.7 percent.
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Tuesday, August 28, 2018 9:45 AM
WASHINGTON, Aug. 28—For the second time this year, estimated June construction unemployment rates fell in every state and nationally 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.
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