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