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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.
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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.
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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.
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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.
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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.
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Tuesday, June 19, 2018 1:27 PM
WASHINGTON, June 19—Associated Builders and Contractors (ABC) today released the following statement from Sam Melamed, CEO of the ABC Insurance Trust, following the U.S. Department of Labor’s release of its final rule on Association Health Plans (AHPs).
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Monday, June 18, 2018 11:44 AM
WASHINGTON, June 18—Associated Builders and Contractors (ABC) reports that its Construction Backlog Indicator (CBI) contracted to 8.8 months during the first quarter of 2018, down 9 percent from the prior quarter. CBI is down 2 percent on a year-over-year basis.
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Wednesday, June 13, 2018 10:52 AM
WASHINGTON, June 13—Prices for inputs to construction materials expanded 2.2 percent in May and are 8.8 percent higher than at the same time one year ago, according to an Associated Builders and Contractors (ABC) analysis of U.S. Bureau of Labor Statistics data released today. This represents the largest monthly increase in 10 years (since May 2008). Nonresidential construction input prices increased 2.3 percent for the month and 8.9 percent for the year.
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Friday, June 1, 2018 2:10 PM
WASHINGTON, June 1—Nonresidential construction spending remained unchanged in April on a monthly basis, according to an Associated Builders and Contractors (ABC) analysis of U.S. Census Bureau data released today. However, year-over-year spending was up a sturdy 6.1 percent.
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Friday, June 1, 2018 10:55 AM
WASHINGTON, June 1—The U.S. construction industry added 25,000 net new jobs in May, according to Associated Builders and Contractors’ (ABC) analysis of data from the U.S. Bureau of Labor Statistics. This follows a 21,000 net job gain in April (revised upward from 17,000). The industry has gained 286,000 jobs on a year-over-year basis, the largest such increase since April 2016.
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