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Thursday, June 11, 2020 11:02 AM
WASHINGTON, June 11—Construction input prices rose 0.8% in May compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices rose by 0.8% for the month as well.
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Tuesday, June 9, 2020 9:10 AM
WASHINGTON, June 9—Associated Builders and Contractors reported today that its Construction Backlog Indicator rose to 7.9 months in May, an increase of less than 0.1 months from April’s reading. Furthermore, based on an ABC member survey conducted May 20-June 3, results indicate that confidence among U.S. construction industry leaders continued to rebound from the historically low levels observed in the March survey.
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Friday, June 5, 2020 10:57 AM
WASHINGTON, June 5—The construction industry added 464,000 net new jobs in May, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. May represented the largest monthly increase in construction jobs since the government began tracking employment in 1939, a drastic improvement from April, which recorded the industry’s largest month-over-month job loss.
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Monday, June 1, 2020 11:52 AM
WASHINGTON, June 1—National nonresidential construction spending decreased by 1.8% in April, 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 $801.8 billion for the month, a 0.9% increase from April 2019.
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Monday, June 1, 2020 9:21 AM
WASHINGTON, June 1—Associated Builders and Contractors today released its 2020 Safety Performance Report, an annual assessment that furthers the construction industry’s understanding of how to achieve world-class safety through its STEP Safety Management System. Published in conjunction with National Safety Month, the report documents the dramatic impact of using proactive safety practices to reduce recordable incidents by up to 88%, making the best-performing companies 827% safer than the U.S. Bureau of Labor Statistics industry average.
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Thursday, May 28, 2020 2:14 PM
WASHINGTON, May 28—Associated Builders and Contractors Vice President of Legislative and Political Affairs Kristen Swearingen today lauded the passage of H.R. 7010, the Paycheck Protection Flexibility Act, by the U.S. House of Representatives and urged the U.S. Senate to quickly take up the legislation:
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Thursday, May 28, 2020 10:03 AM
WASHINGTON, May 28—Associated Builders and Contractors recently launched the Safe and Healthy Construction Pledge, an industry-wide call to action to redouble construction jobsite safety commitments under new protocols due to the coronavirus outbreak. Open to all U.S. contractors and industry associations, the pledge calls for prevention, preparedness and response plans to prevent injuries and disease and safeguard total human health.
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Thursday, May 21, 2020 9:40 AM
WASHINGTON, May 21—According to the results of Associated Builders and Contractors 2020 Workforce Development Survey, ABC contractor members invested $1.5 billion on workforce development initiatives in 2019, providing craft, leadership and safety education to 1.1 million course attendees to advance their careers in commercial and industrial construction. Safety education accounted for nearly half of the total workforce investment, averaging $1,147 per employee annually.
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Tuesday, May 19, 2020 9:15 AM
WASHINGTON, May 19—Associated Builders and Contractors today announced Bryan Gamble, a certified electrical contractor and instructor for the ABC Greater Tennessee Chapter, was named the 2020 Craft Instructor of the Year. Gamble will be honored during the Careers in Construction Awards at ABC Convention 2020 in Nashville, Tennessee, on Aug. 19.
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Tuesday, May 19, 2020 9:15 AM
WASHINGTON, May 19—Associated Builders and Contractors today announced Ron Cayton, general superintendent, Gaylor Electric, Charlotte, North Carolina, was named the 2020 Craft Professional of the Year. Cayton will be honored during the Careers in Construction Awards at ABC Convention 2020 in Nashville, Tennessee, on Aug. 19.
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