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Wednesday, December 12, 2012 8:49 AM
Associated Builders and Contractors (ABC) today commended Michigan Gov. Rick Snyder for signing a new Right to Work law that will protect all workers in the state from being forced to pay union dues as a requirement of employment. Michigan is the 24th state in the nation to enact a Right to Work law, and similar legislation has been introduced in 12 other states.
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Friday, December 7, 2012 11:29 AM
National construction industry employment fell by 20,000 jobs in November pushing the unemployment rate to 12.2 percent, up from 11.4 percent the previous month, according to the Dec. 7 employment report by the U.S. Department of Labor. Year-over-year, construction employment is down by 6,000 jobs, or 0.1 percent.
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Tuesday, December 4, 2012 9:44 AM
WASHINGTON, D.C. – Associated Builders and Contractors (ABC) today released its 2013 economic forecast for the U.S. commercial and industrial construction industry, and it shows the continuation of a modest recovery for nonresidential construction next year.
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Monday, December 3, 2012 12:19 PM
The nation’s nonresidential construction industry experienced a modest gain in October as spending increased 0.5 percent to $571.3 billion, according to the Dec. 3 report by the U.S. Census Bureau. Total nonresidential construction spending–which includes both private and public projects–is up 5.1 percent compared to one year ago.
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Wednesday, November 14, 2012 12:27 PM
Associated Builders and Contractors (ABC) today released the following statement regarding the White House fiscal cliff summit with corporate leaders.
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Wednesday, November 14, 2012 11:39 AM
The nation’s construction materials prices fell for the first time in three months, slipping 0.4 percent in October, according to the U.S. Labor Department’s producer price index (PPI). However, materials prices remain 2 percent higher than one year ago. Nonresidential construction materials prices decreased 0.5 percent for the month, but were 1.8 percent higher on a year-over-year basis.
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Tuesday, November 13, 2012 9:32 AM
ABC reports that its Construction Backlog Indicator (CBI) expanded for the second consecutive quarter, up to 8 months in the third quarter of this year, a 3.5 percent increase from the previous quarter. CBI is measured in months and reflects the amount of construction work under contract, but not yet completed.
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Sunday, November 4, 2012 11:16 AM
Washington, D.C. – Associated Builders and Contractors (ABC) today criticized President Obama for undermining the U.S. Senate’s advice and consent role by recess-appointing Democrats Sharon Block, deputy assistant secretary for congressional affairs at the Department of Labor; Richard Griffin, general counsel for the International Union of Operating Engineers to the National Labor Relations Board (NLRB); and Republican Terence Flynn, chief counsel to NLRB member Brian Hayes.
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Thursday, November 1, 2012 1:44 PM
Despite a flurry of activity in residential construction spending, nonresidential construction spending decreased 0.4 percent in September, with outlays falling to a seasonally adjusted annual rate of $559.4 billion, according to the Nov. 1 construction spending report by the U.S. Commerce Department. Year-over-year, total nonresidential construction spending is up 2.6 percent, slightly higher than inflation.
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Friday, October 12, 2012 10:35 AM
Washington, D.C. – Associated Builders and Contractors (ABC) today announced that Markwayne Mullin, owner of Mullin Plumbing and a member of the ABC Oklahoma Chapter, has been selected by House Speaker John Boehner (R-Ohio) to deliver the weekly Republican radio address on Saturday, Oct. 13. Mullin is running to succeed retiring democratic Rep. Dan Boren in Oklahoma’s Second Congressional District.
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