News Releases | All posts tagged 'abc'

ABC issues news releases on the latest workforce, policy and industry issues, as well as construction-related economic data and trends. Commercial and industrial construction economic analyses include federal data on construction spending, employment, job openings and the Producer Price Index.

In addition, ABC produces the Construction Backlog Indicator, the only economic indicator that reflects the amount of work that will be performed by commercial and industrial construction contractors in the months ahead, and the Construction Confidence Index, a diffusion index that signals construction contractors’ expectations for sales, profit margins and staffing levels. Methodology for both indicators can be found here. ABC construction economic releases are published according to this schedule for 2023.

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Posts Tagged 'abc'

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Hurricane Impact Comes into View as 41 States See September Construction Unemployment Rate Improvement

Posted on Tuesday, October 31, 2017 11:08 AM By Donna Reichle

WASHINGTON, Oct. 31—The not seasonally adjusted (NSA) national construction unemployment rate was 4.7 percent in September, down 0.5 percent from a year ago and the second lowest September rate on record behind the 4.6 percent rate in September 2000, the U.S. Bureau of Labor Statistics (BLS) reported. Construction unemployment rates were also down in 41 states on a year-over-year basis while rates rose in nine states, according to an analysis released today by Associated Builders and Contractors (ABC). Further, the construction industry employed 173,000 more workers than in September 2016.

Associated Builders and Contractors, Associated Builders & Contractors, ABC, bernard markstein, state unemployment, september 2017

ABC Announces 2017 Young Professional of the Year Finalists

Posted on Tuesday, October 31, 2017 10:20 AM By Donna Reichle

Associated Builders and Contractors (ABC) today announced three finalists for its annual Young Professional of the Year Award. This year’s list includes a technology-driven electrician, a business owner who builds dreams and saves lives and an attorney who fights for equality in construction.

Associated Builders and Contractors, ABC, Young Professionals, Careers in Construction, Leadership, awards, Greg Sizemore

Construction Industry Benefits From Consecutive Quarterly GDP Gains, Says ABC

Posted on Friday, October 27, 2017 12:49 PM By Donna Reichle

WASHINGTON, Oct. 27—The U.S. economy expanded at an annual rate of 3 percent during the third quarter of 2017, according to Associated Builders and Contractors’ analysis of gross domestic product (GDP) data released today by the Bureau of Economic Analysis. “Construction firms are among the major beneficiaries of the most recent GDP report, which confirms that the U.S. economy enjoys a level of momentum not observed for several years,” said ABC Chief Economist Anirban Basu.

Associated Builders and Contractors, Associated Builders & Contractors, ABC, bernard markstein, gdp, first quarter 2017

ABC Releases Statement on Critical House Vote in Tax Reform Process

Posted on Thursday, October 26, 2017 11:45 AM By Donna Reichle

“We applaud House members for adopting the FY 2018 budget resolution that positions Congress to move forward with comprehensive, pro-growth tax reform without the threat of a filibuster

Associated Builders and Contractors, ABC, Congress, tax reform, construction industry, michael bellaman

ABC Urges House to Act Quickly After Senate Passes Budget, Preserving Path for Tax Reform

Posted on Friday, October 20, 2017 10:22 AM By Donna Reichle

Michael D. Bellaman, president and CEO of Associated Builders and Contractors (ABC), today issued the following statement on the passage of a budget by the U.S. Senate:
“This important step by the Senate keeps the process on track to produce once-in-a-generation tax reform...

Associated Builders and Contractors, ABC, tax reform, tax, construction economics, michael bellaman

ABC CEO Mike Bellaman Appointed to Task Force on Apprenticeship Expansion for all Americans

Posted on Monday, October 16, 2017 9:11 AM By Donna Reichle

Michael D. Bellaman, president and CEO of Associated Builders and Contractors (ABC), has been appointed by U.S. Department of Labor Secretary R. Alexander Acosta to the Task Force on Apprenticeship Expansion, created by President Trump’s June 15 Executive Order 13801.

“I am excited to join Secretary Acosta’s task force to expand opportunities to citizens nationwide who want to live the American Dream while helping to build and rebuild our country,” said Bellaman. “As the president promised in his election night acceptance speech, every single American will have the opportunity to realize his or her fullest potential under his administration. That sentiment will drive this task force as we work to promote affordable education and rewarding jobs for all Americans.”

Associated Builders and Contractors, ABC, Workforce Development, construction industry, Department of Labor, apprenticeships, michael bellaman, Associated Builders & Contractors

Tax Reform Framework a Major Step Forward, Says ABC

Posted on Wednesday, September 27, 2017 12:06 PM By Donna Reichle

WASHINGTON, Sept. 27—Michael D. Bellaman, president and CEO of Associated Builders and Contractors (ABC), issued the following statement supporting the Unified Framework for Fixing Our Broken Tax Code released today by congressional and administration leaders:

“The tax framework released today marks a promising step forward for the first genuine reform of the tax code in a generation. Associated Builders and Contractors is encouraged by the proposal, and we strongly support the tax reform process moving forward.

Associated Builders & Contractors, ABC, Associated Builders and Contractors, tax reform, michael bellaman

Construction Unemployment Improves in 35 States as Rate Falls to Lowest Ever for August

Posted on Wednesday, September 27, 2017 8:44 AM By Donna Reichle

WASHINGTON, Sept. 27—The not seasonally adjusted (NSA) national construction unemployment rate was 4.7 percent in August, down 0.4 percent from a year ago and the lowest August rate on record, the U.S. Bureau of Labor Statistics (BLS) reported. Unemployment rates were also down in 35 states on a year-over-year basis, according to an analysis released today by Associated Builders and Contractors (ABC). Rates rose in nine states and were unchanged in six. Further, the construction industry employed 206,000 more workers than in August 2016.

Associated Builders and Contractors, Associated Builders & Contractors, ABC, bernard markstein, state unemployment, august 2017

ABC Applauds Confirmation of William Emanuel to NLRB

Posted on Monday, September 25, 2017 6:00 PM By Donna Reichle

WASHINGTON, Sept. 25--Associated Builders and Contractors (ABC) today released the following statement from Kristen Swearingen, vice president of Legislative & Political Affairs, on the confirmation of William Emanuel to serve on the National Labor Relations Board (NLRB).

NLRB appointees, kristen swearingen, Associated Builders and Contractors, Associated Builders & Contractors, ABC

CSLB Urges Swift Passage of Save Local Business Act

Posted on Wednesday, September 13, 2017 3:10 PM By Donna Reichle

WASHINGTON, September 13—Coalition to Save Local Businesses Executive Director Michael Layman released the below statement on today’s House Education and the Workforce joint subcommittee hearing on the Save Local Business Act (H.R. 3441).

Associated Builders and Contractors, Associated Builders & Contractors, ABC, joint employer, michael bellaman

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