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ABC Commends White House Infrastructure Plan’s Regulatory Streamlining, Workforce Development Expansion Goals

ABC Commends White House Infrastructure Plan’s Regulatory Streamlining, Workforce Development Expansion Goals

The Associated Builders and Contractors (ABC) President and CEO Michael D. Bellaman issued the following statement on President Trump’s infrastructure proposal: “ABC applauds the president…

Demand for Construction Workers Remains Strong, ABC Says

Demand for Construction Workers Remains Strong, ABC Says

The recent employment report from the Bureau of Labor Statistics shows growth in both public and private construction spending, according to an analysis by Associated…

Nonresidential Construction Maintains Momentum in December, ABC Says

Nonresidential Construction Maintains Momentum in December, ABC Says

Nonresidential construction spending expanded 0.8 percent in December, totaling $720.4 billion on a seasonally adjusted basis, according to Associated Builders and Contractors’ (ABC) analysis of…

ABC Applauds Infrastructure, Economic Initiatives in State of the Union Speech

ABC Applauds Infrastructure, Economic Initiatives in State of the Union Speech

The Associated Builders and Contractors (ABC) President and CEO Michael D. Bellaman issued the following remarks on President Donald Trump’s State of the Union speech,…

Construction Input Prices Inch Down in December, Up YOY Despite Low Inflation, ABC Says

Construction Input Prices Inch Down in December, Up YOY Despite Low Inflation, ABC Says

Overall construction input prices declined 0.1 percent in December, yet despite the lack of inflation for the month, prices are up 5 percent on a…

Northern Virginia Construction Exec Elected National Chair of ABC

Northern Virginia Construction Exec Elected National Chair of ABC

George R. Nash Jr., director of preconstruction for Branch & Associates in Herndon, Va., began his one-year term as chair of Associated Builders and Contractors…

Nonresidential Construction Employment Ends 2017 on a High Note, Says ABC

Nonresidential Construction Employment Ends 2017 on a High Note, Says ABC

The nonresidential construction sector added 11,800 net new jobs in December, representing nearly 10 percent of the nation’s jobs created during the month, according to…

Nonresidential Construction Spending Ticks Higher in November, Down Year-Over-Year, ABC Says

Nonresidential Construction Spending Ticks Higher in November, Down Year-Over-Year, ABC Says

Nonresidential construction spending expanded 0.6 percent in November, totaling $719.2 billion on a seasonally adjusted basis, according to an Associated Builders and Contractors (ABC) analysis…

Construction Unemployment Rates Improve in 36 States as Nation Posts Lowest November Rate on Record, Says ABC

Construction Unemployment Rates Improve in 36 States as Nation Posts Lowest November Rate on Record, Says ABC

The not seasonally adjusted (NSA) national construction unemployment rate was 5 percent in November, down 0.7 percent from a year ago and the lowest November…

ABC Chief Economist Predicts Stable 2018 Construction Economy

ABC Chief Economist Predicts Stable 2018 Construction Economy

Associated Builders and Contractors (ABC) Chief Economist Anirban Basu predicts stability for the construction industry’s economy and expanding nonresidential construction spending in 2018. While construction…

Construction Backlog Surges, Sets Record in Third Quarter, ABC Says

Construction Backlog Surges, Sets Record in Third Quarter, ABC Says

Providing more evidence of a strengthening economy, Associated Builders and Contractors’ (ABC) Construction Backlog Indicator (CBI) set a record as it expanded to 9.45 months…

November construction input prices expand; year-over-year inflation highest since 2011, ABC says

November construction input prices expand; year-over-year inflation highest since 2011, ABC says

Construction input prices expanded 0.7 percent in November and rose 5.6 percent on a yearly basis, the largest increase since November 2011, according to an…

Construction Jobs Numbers Rebound in November, Says ABC

Construction Jobs Numbers Rebound in November, Says ABC

The nation’s construction sector added 24,000 net new jobs in November, representing a 0.3 percent month-over-month increase, according to an Associated Builders and Contractors (ABC)…

Construction Spending Rises in October, Flat Year-Over-Year, Says ABC

Construction Spending Rises in October, Flat Year-Over-Year, Says ABC

Nonresidential construction spending rose 2.1 percent in October, totaling $717.6 billion on a seasonally adjusted basis, according to an Associated Builders and Contractors (ABC) analysis…

Hurricane Recovery Helps Construction Unemployment Rate Hit Lowest October Mark on Record, Says ABC

Hurricane Recovery Helps Construction Unemployment Rate Hit Lowest October Mark on Record, Says ABC

The not seasonally adjusted (NSA) national construction unemployment rate was 4.5 percent in October, down 1.2 percent from a year ago, the U.S. Bureau of…

Construction’s Contribution to U.S. Economy Highest in Seven Years, Says ABC

Construction’s Contribution to U.S. Economy Highest in Seven Years, Says ABC

According to a report released by Associated Builders and Contractors (ABC), the private construction industry’s value added as a percentage of the nation’s real gross…

Construction Numbers Stagnant in Otherwise Positive October Jobs Report, Says ABC

Construction Numbers Stagnant in Otherwise Positive October Jobs Report, Says ABC

According to an Associated Builders and Contractors (ABC) analysis of data released by the Bureau of Labor Statistics, the nation’s construction sector added 11,000 net…

Construction Industry Benefits From Consecutive Quarterly GDP Gains, Says ABC

Construction Industry Benefits From Consecutive Quarterly GDP Gains, Says ABC

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…

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

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

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…

ABC’s Construction Backlog Indicator Returns to Earth in Second Quarter

ABC’s Construction Backlog Indicator Returns to Earth in Second Quarter

Associated Builders and Contractors (ABC) reported its Construction Backlog Indicator (CBI) fell to 8.6 months during the second quarter of 2017, down 4.1 percent from…