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From the monthly archives: October 2020
We are pleased to present below all posts archived in 'October 2020'. If you still can't find what you are looking for, try using the search box.
Wednesday, October 21, 2020 11:17 AM
WASHINGTON, Oct. 21—Associated Builders and Contractors’ Free Enterprise Alliance, which educates elected officials and the public about the importance of fair and open competition, today announced it has made a million dollar issue advocacy ad buy in 25 states nationwide. The advocacy campaign, which includes digital ads and mailers, will educate constituents on the dangers of the PRO Act, highlight benefits of the Paycheck Protection Program and encourage voting in the upcoming election.
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Wednesday, October 14, 2020 10:50 AM
WASHINGTON, Oct. 14—Construction input prices increased 1.6% in September compared to the previous month, according to an Associated Builders and Contractors analysis of Producer Price Index data released today by the U.S. Bureau of Labor Statistics. Nonresidential construction input prices rose 1.4% for the month.
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Tuesday, October 13, 2020 9:35 AM
WASHINGTON, Oct. 13—Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 7.5 months in September, a decline of 0.5 months from August’s reading, according to an ABC member survey conducted Sept. 20-Oct. 6. Backlog is 1.5 months lower than in September 2019.
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Thursday, October 8, 2020 9:56 AM
WASHINGTON, Oct. 8—More than 85% of contractors have been negatively impacted by COVID-19, according to the results of an August reader survey conducted by Construction Executive magazine, which is published by Associated Builders and Contractors. Supply chain disruptions, prolonged municipal permitting processes and delayed inspections due to office closures are all factors contributing to the increased rate of postponement and/or cancellation of construction projects.
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Friday, October 2, 2020 10:48 AM
WASHINGTON, Oct. 2—The construction industry added 26,000 jobs on net in September, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. During the last five months, the industry has added 689,000 jobs, recovering approximately 64% of the jobs lost since the start of the pandemic.
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Thursday, October 1, 2020 11:26 AM
WASHINGTON, Oct. 1—National nonresidential construction spending fell 0.1% in August, 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 $814.3 billion for the month.
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