Posted on Monday, May 1, 2017 12:57 PM By Donna Reichle
WASHINGTON, D.C., May 1—Nonresidential construction spending fell 1.2 percent in March, according to analysis of U.S. Census Bureau data released today by Associated Builders and Contractors (ABC). Spending in the segment totaled $708.6 billion on a seasonally adjusted, annualized basis, however the decline is less dramatic than it may be perceived to be given that February’s initial estimate of $701.6 billion was upwardly revised to $717 billion, making it the highest level or spending recorded in the data series.
Posted on Friday, April 28, 2017 2:33 PM By anonymous
WASHINGTON, D.C., April 28— Associated Builders and Contractors (ABC) today praised President Trump for taking important steps to create a pro-growth business environment in a statement from ABC President and CEO Michael Bellaman.
Posted on Friday, April 28, 2017 12:43 PM By Donna Reichle
WASHINGTON, D.C., April 28—The U.S. economy’s performance slowed in the first quarter of 2017, but nonresidential fixed investment expanded at an impressive 9.4 percent seasonally adjusted annual rate, according to analysis of U.S. Bureau of Economic Analysis data released today by Associated Builders and Contractors (ABC).
Posted on Thursday, April 27, 2017 6:47 PM By anonymous
WASHINGTON, D.C., April 27— Associated Builders and Contractors (ABC) today congratulated R. Alexander Acosta on being confirmed as secretary of the U.S. Department of Labor (DOL) in a statement from President and CEO Michael Bellaman.
Posted on Monday, April 17, 2017 12:26 PM By Donna Reichle
Associated Builders and Contractors (ABC) today applauded Gov. Scott Walker (R-Wis.) for signing legislation into law that will promote fair and open competition on contracts for construction services funded by Wisconsin taxpayers. The bill, SB 3, will ensure that the government cannot mandate controversial project labor agreements (PLAs) on state, state-assisted and local construction projects, guaranteeing that the almost three out of four members of Wisconsin’s private construction workforce who have chosen not to join a labor union can work on projects funded by their own tax dollars.
Posted on Thursday, April 13, 2017 1:10 PM By anonymous
WASHINGTON, D.C., April 13—Associated Builders and Contractors (ABC) today applauded Gov. Terry Branstad (R-Iowa) for signing legislation into law that will promote fair and open competition on contracts for construction services funded by Iowa taxpayers. The bill, SF 438, will ensure that the government cannot mandate controversial project labor agreements (PLAs) on state, state-assisted and local construction projects, guaranteeing that the 85 percent of Iowa’s private construction workforce that has chosen not to join a labor union can work on projects funded by their own tax dollars.
Posted on Thursday, April 13, 2017 10:47 AM By Donna Reichle
WASHINGTON, D.C., April 13—Construction input prices rose for the fourth consecutive month in March, increasing by 0.3 percent on a monthly basis and 4.4 percent on a yearly basis, according to analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors (ABC). Nonresidential construction input prices performed similarly, increasing by 0.4 percent for the month and 4.4 percent for the year.
Posted on Friday, April 7, 2017 10:38 AM By Donna Reichle
WASHINGTON, D.C. April 7—National construction employment remained largely unchanged in March, adding 6,000 net new jobs on a seasonally adjusted basis according to analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors (ABC). The nonresidential construction sector added 13,300 net new jobs for the month, while the residential sector lost 7,600 net jobs.
Posted on Wednesday, April 5, 2017 9:00 AM By anonymous
WASHINGTON, D.C., April 5— Construction unemployment rates were down in 25 states and unchanged in four in February on a year-over-year basis, according to analysis released today by Associated Builders and Contractors (ABC). The national not seasonally adjusted (NSA) construction unemployment rate of 8.8 percent was up 0.1 percent from February 2016, according to data from the U.S. Bureau of Labor Statistics (BLS).
Posted on Tuesday, April 4, 2017 10:55 AM By anonymous
WASHINGTON, D.C., April 4— Associated Builders and Contractors (ABC) today commended President Trump for signing a resolution into law eliminating the Obama administration’s controversial “Volks rule” (formally known as Clarification of an Employer’s Continuing Obligation to Make and Maintain an Accurate Record of Each Recordable Injury and Illness final rule). Congress passed the resolution through the Congressional Review Act (CRA).