Monthly and Yearly Construction Input Prices Drop in August, Says ABC

Posted on Wednesday, September 11, 2019 11:34 AM By Rachel O'Grady

WASHINGTON, Sept. 11—Construction input prices fell 0.6% in August and are down 0.9% year-over-year, 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 fell 0.4% for the month and are down 0.4% compared to August 2018.

Construction Input Prices Rebound in July, Says ABC

Posted on Friday, August 9, 2019 10:13 AM By Donna Reichle

WASHINGTON, Aug. 9—Construction input prices expanded 0.8% in July but are down 0.6% year-over-year, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices also increased 0.8% for the month but have declined 0.3% on a year-ago basis.

Construction Contractors Remain Confident as Summer Begins, Says ABC

Posted on Thursday, July 18, 2019 9:23 AM By Rachel O'Grady

WASHINGTON, July 18—U.S. construction industry leaders remained upbeat regarding nonresidential construction’s near-term prospects in May 2019, according to the Construction Confidence Index released today by Associated Builders and Contractors.

April Construction Unemployment Rates Down in 49 States Year Over Year, Says ABC

Posted on Wednesday, May 29, 2019 9:45 AM By Donna Reichle

WASHINGTON, May 29—In April, for the second month in a row, estimated not seasonally adjusted construction unemployment rates fell nationally and in 49 states on a year-over-year basis, according to an analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. Mississippi was the only state with an increase, where construction unemployment rose from 9.2% in April 2018 to 10% in the most recent report.

Construction Contractors Confidence Remains High in March

Posted on Thursday, May 23, 2019 9:45 AM By Donna Reichle

WASHINGTON, May 23—Construction industry leaders remained upbeat with respect to nonresidential construction prospects in March 2019, according to the latest Construction Confidence Index released today by Associated Builders and Contractors.

ABC’s Construction Backlog Indicator Surges in March

Posted on Tuesday, May 21, 2019 9:45 AM By Donna Reichle

WASHINGTON, May 21—Associated Builders and Contractors reports that its monthly Construction Backlog Indicator expanded to 9.5 months in March 2019, up 0.7 months or 8.8% since February 2019 when CBI stood at 8.8 months.

Nonresidential Spending Expands Again in February, Says ABC

Posted on Monday, April 1, 2019 12:13 PM By Donna Reichle

WASHINGTON, April 1—According to an Associated Builders and Contractors analysis of U.S. Census Bureau data released today, national nonresidential construction spending rose 1.2 percent in February. Seasonally adjusted nonresidential spending totaled $773.8 billion, a 4.8 percent increase over the same time last year.

ABC Honors Student Winners of Annual Construction Management Competition

Posted on Thursday, March 28, 2019 6:35 PM By Donna Reichle

LONG BEACH, California, March 29—Twenty-one teams of undergraduate students from colleges and universities nationwide put their construction project leadership skills to the test during Associated Builders and Contractors’ annual Construction Management Competition at ABC Convention 2019 in Long Beach, California, March 24-28. The four-person teams, which were assigned to complete the same construction management project over two days, received awards in five categories at the Careers in Construction Awards ceremony at the convention’s conclusion. 

ABC Backs Bill to Increase Competition on Taxpayer-funded Construction Contracts

Posted on Thursday, March 28, 2019 2:44 PM By Donna Reichle

WASHINGTON, March 28—Associated Builders and Contractors today voiced its strong support for the Fair and Open Competition Act (H.R. 1858/S. 907), which will benefit taxpayers by encouraging more qualified construction companies to compete for federal and federally funded construction projects. The bill, introduced by Rep. Ted Budd (R-N.C.) and Sen. Todd Young (R-Ind.), prevents federal agencies and recipients of federal funding from requiring contractors to sign controversial project labor agreements as a condition of winning federal or federally assisted construction contracts.  

ABC Honors Contractors Leading the Industry in Safety Performance

Posted on Thursday, March 28, 2019 10:00 AM By Donna Reichle

LONG BEACH, California, March 28—Associated Builders and Contractors announced the winners of the 2018 National Safety Excellence Awards during the 29th annual Excellence in Construction® Awards at ABC Convention 2019 in Long Beach, California. A total of 42 ABC member companies were recognized for their safety performance at a gala on March 27.