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ABC Commits to Education Goals at White House ‘Pledge to America’s Workers’ Event

Thursday, July 19, 2018 4:09 PM
WASHINGTON, July 19—Associated Builders and Contractors signed on to President Trump’s “Pledge to America’s Workers” today, committing to educating and developing at least 500,000 construction workers over the next five years. Read the rest of entry »

ABC Applauds Rescission of the DOL’s Overreaching Persuader Rule

Tuesday, July 17, 2018 1:34 PM
WASHINGTON, July 17—Associated Builders and Contractors today issued the following statement in response to the U.S. Department of Labor’s announcement that it is rescinding the final persuader rule. Read the rest of entry »

ABC Predicts Stable Nonresidential Construction Sector for Remainder of Year

Monday, July 16, 2018 1:23 PM
WASHINGTON, July 16—Associated Builders and Contractors Chief Economist Anirban Basu predicts the nonresidential construction sector will remain stable for the second half of 2018, yet warns of a potential economic downturn in 2020, according to a recent mid-year economic outlook published in Construction Executivemagazine. Read the rest of entry »

Construction Material Prices Increase Steadily in June, Says ABC

Wednesday, July 11, 2018 11:25 AM
WASHINGTON, July 11—According to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data released today, construction material prices rose another 0.8 percent in June and are 9.6 percent higher than they were at the same time one year ago. Read the rest of entry »

Construction Employment Retains Momentum in June, Says ABC; Unemployment Rate Increases as Labor Force Grows

Friday, July 6, 2018 10:49 AM
WASHINGTON, July 6—The U.S. construction industry added 13,000 net new jobs in June after adding 29,000 net new jobs in May (revised upward from 25,000+), according to an analysis by the Associated Builders and Contractors of data from the U.S. Bureau of Labor Statistics. The industry has added 282,000 net new jobs during the past calendar year, a 4.1 percent increase. Read the rest of entry »

Nonresidential Construction Spending Remains Elevated in May, But Private Sector Falters, Says ABC

Monday, July 2, 2018 12:01 PM
WASHINGTON, July 2—Nonresidential construction spending inched 0.1 percent higher on a monthly basis in May, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data released today. Spending, which totaled $749 billion on a seasonally adjusted annual rate for the month, is up 3 percent from the same time last year. Read the rest of entry »

ABC and JLG Form Strategic Partnership to Advance Innovation in Construction

Wednesday, June 27, 2018 9:45 AM
WASHINGTON, June 27—National construction trade association Associated Builders and Contractors and access equipment manufacturer JLG Industries Inc. today announced a strategic partnership that will help solve industry challenges with world-class education, training and equipment solutions. The announcement was made by company executives in Washington, D.C., during ABC’s Legislative Week. Read the rest of entry »

May Construction Unemployment Rates Down Year Over Year in 45 States, Says ABC

Tuesday, June 26, 2018 9:45 AM
WASHINGTON, June 26—Estimated May construction unemployment rates fell in 45 states on a year-over-year basis, rose in four states and were unchanged in one state (Alabama), according to an analysis of U.S. Bureau of Labor Statistics  data released today by Associated Builders and Contractors. Read the rest of entry »

New Career Resource Launched by ABC and Real Estate Industry Organizations

Friday, June 22, 2018 2:42 PM
WASHINGTON, June 25—Associated Builders and Contractors has teamed up with more than two dozen real estate industry trade associations to highlight the rich variety of career paths in the real estate sector. The group collaborated on a new website, CareersBuildingCommunities.org, which allows visitors to navigate through the scores of career paths across all sectors of real estate as the industry confronts the need to fill millions of jobs in the coming decades. Read the rest of entry »

ABC’s Construction Confidence Index Surges in Q1

Wednesday, June 20, 2018 8:56 AM
 WASHINGTON, June 20—Despite ongoing concerns regarding labor force availability and rising interest rates, and emerging concerns regarding tariffs and construction materials prices, construction contractors emerged from the first quarter of 2018 with tremendous confidence, according to the Associated Builders and Contractors (ABC) Construction Confidence Index (CCI). Each of the three indices—sales, profit margins and staffing levels—increased during the first quarter and remain well above the threshold reading of 50. Read the rest of entry »