Posted on Monday, March 25, 2019 12:23 PM By Donna Reichle
LONG BEACH, California, March 28—Associated Builders and Contractors named MAREK, headquartered in Houston, as its 2018 Contractor of the Year, an award that recognizes companies for corporate integrity, commitment to safety, professional development and expert craftsmanship. Mike Holland, chief operating officer of MAREK, accepted the honor at the 29th annual Excellence in Construction® Awards gala during ABC Convention 2019 in Long Beach, California, March 27.
Posted on Monday, March 25, 2019 10:31 AM By Donna Reichle
WASHINGTON, March 25—Associated Builders and Contractors lauded Kentucky Gov. Matt Bevin (R) today for signing into law the Fair and Open Competition Act (HB 135), which ensures all of Kentucky’s skilled construction workforce and qualified businesses can compete on a level playing field for contracts to build state and local public works projects.
Posted on Wednesday, March 13, 2019 1:38 PM By anonymous
WASHINGTON, March 13—National nonresidential construction spending rose 2.4 percent in January, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data released today. At a seasonally adjusted annualized rate, nonresidential spending totaled $762.5 billion for the month, an increase of 4.8 percent over the previous year. Public nonresidential construction spending expanded 4.9 percent in January and private spending increased 0.8 percent. Both public and private nonresidential spending are up 8.5 percent and 2.4 percent, respectively, on a yearly basis.
Posted on Wednesday, March 13, 2019 12:43 PM By anonymous
WASHINGTON, March 13—According to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data released today, construction input prices rose 0.9 percent monthly in February and 1.8 percent in the past 12 months. Inputs to nonresidential construction were up 1 percent monthly and 2.7 percent on a yearly basis. This is the first time that input prices have risen since October 2018, when prices increased by 0.5 percent.
Posted on Thursday, February 14, 2019 10:38 AM By anonymous
WASHINGTON, Feb. 14—Construction input prices fell
0.7 percent on a monthly basis in January yet are up 1.6 percent year-over-year
according to an Associated Builders and Contractors analysis of U.S. Bureau of
Labor Statistics data released today. Construction input prices have declined
for three consecutive months and in four of the previous six months.
Posted on Tuesday, February 5, 2019 9:02 PM By anonymous
WASHINGTON, Feb. 5—Associated Builders and Contractors President and Chief Executive Officer Michael D. Bellaman issued the following remarks on President Donald Trump’s State of the Union address.
Posted on Friday, February 1, 2019 12:20 PM By anonymous
WASHINGTON, Feb. 1—National nonresidential construction spending declined 1 percent in November, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data released today. The release of November data, originally scheduled for Jan. 3, was delayed by the partial government shutdown.
Posted on Friday, February 1, 2019 11:27 AM By anonymous
WASHINGTON, Feb. 1— Construction employment expanded by 52,000 net new jobs in January, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Industry employment is up by 338,000 net jobs on a yearly basis, which represents an increase of 4.7 percent. Nonresidential construction employment grew by 28,600 net new positions on a monthly basis, although the nonresidential building sub-sector lost 800 net positions.
Posted on Friday, January 4, 2019 10:00 AM By anonymous
WASHINGTON, Jan. 4—According to an Associated Builders and Contractors analysis of data released by today the U.S. Bureau of Labor Statistics, construction employment expanded by 38,000 net new jobs in December. Across the industry, employment is up by 280,000 year-over-year, an increase of 4.0 percent.
Posted on Tuesday, December 11, 2018 11:41 AM By anonymous
WASHINGTON, Dec. 11—Construction materials prices fell 1.8 percent in November, according to Associated Builders and Contractors’ analysis of U.S. Bureau of Labor Statistics data released today. Despite the monthly decline, materials prices are still 5.3 percent higher than they were on a year-over-year basis.