According to the March 9 employment report by the Department of Labor, the construction industry added 48,000 jobs in February—the largest monthly increase since March 2007 – with growth reported in every significant construction segment and with specialty trade contractors responsible for approximately two out of every three jobs.

According to the March 9 employment report by the Department of Labor, the construction industry added 48,000 jobs in February—the largest monthly increase since March 2007 – with growth reported in every significant construction segment and with specialty trade contractors responsible for approximately two out of every three jobs.

In a 2013 construction forecast released Dec. 4, ABC Chief Economist Anirban Basu predicted nonresidential construction spending to expand 5.2 percent next year, with much of the expansion coming from privately financed projects.

In a 2013 construction forecast released Dec. 4, ABC Chief Economist Anirban Basu predicted nonresidential construction spending to expand 5.2 percent next year, with much of the expansion coming from privately financed projects.

Watch ABC Chief Economist Anirban Basu’s analysis of the how the impending fiscal cliff will impact the construction industry. 

Watch ABC Chief Economist Anirban Basu’s analysis of the how the impending fiscal cliff will impact the construction industry. 

Political strategist Karl Rove will explore the new political landscape, the challenges that lie ahead, and what they mean to you and the construction industry during ABC’s BizCon, Feb. 19-20, 2013, at the Harbor Beach Marriot Resort, in Fort Lauderdale, Fla.

Political strategist Karl Rove will explore the new political landscape, the challenges that lie ahead, and what they mean to you and the construction industry during ABC’s BizCon, Feb. 19-20, 2013, at the Harbor Beach Marriot Resort, in Fort Lauderdale, Fla.

A multi-industry letter, signed by 298 U.S. Chamber of Commerce affiliates, as well as national associations, has been sent to the members of the United States Congress and the President, urging immediate action to avoid further harm to the American economy.

A multi-industry letter, signed by 298 U.S. Chamber of Commerce affiliates, as well as national associations, has been sent to the members of the United States Congress and the President, urging immediate action to avoid further harm to the American economy.