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Posted on Thursday, December 7, 2017 9:58 AM By Donna Reichle
WASHINGTON, Dec. 7—The majority of commercial and industrial contractors are confident about sales growth, profits and staffing levels heading into 2018, according to the latest Associated Builders and Contractors (ABC) Construction Confidence Index (CCI). Despite rising construction labor and materials costs, 55 percent of contractors expect their profit margins to expand in the first half of 2018.
Posted on Monday, December 4, 2017 10:29 AM By Donna Reichle
WASHINGTON, Dec. 4— In its survey of Florida construction firms for the third quarter of 2017, Associated Builders and Contractors (ABC) finds the confidence to fill open positions over the next six months remains low. Continued hurricane rebuilding efforts will likely exacerbate the challenge to find enough skilled labor in Florida to meet the level of project demand. Confidence in other areas of the survey remains high.
Posted on Monday, November 20, 2017 9:16 PM By Donna Reichle
According to a report released today by Associated Builders and Contractors (ABC), the private construction industry’s value added as a percentage of the nation’s real gross domestic product (GDP) rose to 4 percent in 2016, the highest level since 2009. The report also shows annual growth in real construction spending, which rose 3.5 percent in 2016. Thirty-seven states benefited from the rise in construction activity in their state, while 13 states experienced a reduction in activity.
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...
Posted on Friday, September 1, 2017 10:45 AM By Donna Reichle
WASHINGTON, Sept. 1—National construction employment rebounded in August, adding 28,000 net new jobs on a seasonally adjusted basis, according to today’s release from the U.S. Bureau of Labor Statistics. It was the best month for job gains in construction since February, according to analysis by Associated Builders and Contractors (ABC).
Posted on Tuesday, June 13, 2017 10:47 AM By Donna Reichle
WASHINGTON, D.C., June 13—Construction input prices remained unchanged in May, ending five consecutive months of price expansion, according to analysis of Bureau of Labor Statistics data released today by Associated Builders and Contractors. Construction input prices expanded 3.4 percent on a year-over-year basis.
Posted on Tuesday, May 30, 2017 9:00 AM By Jeff Leieritz
WASHINGTON, D.C., May 30—April not seasonally adjusted (NSA) construction unemployment rates were down in 22 states and unchanged in two (Arkansas and California) on a year-over-year basis, according to analysis released today by Associated Builders and Contractors (ABC). However, the national NSA construction unemployment rate of 6.3 percent was up 0.3 percent from April 2016, according to data from the U.S. Bureau of Labor Statistics (BLS).
Posted on Tuesday, May 2, 2017 9:00 AM By Jeff Leieritz
WASHINGTON, D.C., May 2—March not seasonally adjusted (NSA) construction unemployment rates were down in nationally and in 27 states and unchanged in two on a year-over-year basis, according to analysis released today by Associated Builders and Contractors (ABC). The national NSA construction unemployment rate of 8.4 percent was down 0.3 percent from March 2016, according to data from the U.S. Bureau of Labor Statistics (BLS).
Posted on Wednesday, April 5, 2017 9:00 AM By Jeff Leieritz
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 Monday, April 3, 2017 8:50 AM By Jeff Leieritz
WASHINGTON, D.C., April 3—Eighty-eight percent of Florida construction firms plan to increase hiring over the next six months and 84 percent anticipate experiencing more difficulty finding appropriately skilled labor, according to a report released today by Associated Builders and Contractors (ABC) of Florida. The inaugural Florida Contractor Confidence Index (Florida CCI) showed a statewide confidence reading for improving sales of 81, indicating the typical Florida contractor expects to be much busier in 2017.