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Construction Material Prices Surge in April, Says ABC; Crude Petroleum Prices Up 35 Percent Year Over Year

Construction Material Prices Surge in April, Says ABC; Crude Petroleum Prices Up 35 Percent Year Over Year

Prices for inputs to construction materials expanded 1.3 percent in April and are 6.4 percent higher than at the same time one year ago, according…

Nonresidential Construction Down in March, Says ABC

Nonresidential Construction Down in March, Says ABC

Private Sector Falters, Public Sector Unchanged Nonresidential construction spending declined 0.3 percent in March, according to an Associated Builders and Contractors (ABC) analysis of U.S….

Construction Employment Inches Higher in April, Says ABC; Nonresidential Segment Adds 9,000 Net Jobs

Construction Employment Inches Higher in April, Says ABC; Nonresidential Segment Adds 9,000 Net Jobs

Based on recently released data from the U.S. Bureau of Labor Statistics, the U.S. construction industry bounced back in April, adding 17,000 net new jobs,…

Fixed Investment Retains Momentum in First Quarter of 2018, Says ABC

Fixed Investment Retains Momentum in First Quarter of 2018, Says ABC

The U.S. economy expanded at an annualized rate of 2.3 percent during the first quarter of 2018, while fixed investment increased at an annualized rate…

ABC Highlights Impact of Apprenticeships in Congressional Testimony This Week

ABC Highlights Impact of Apprenticeships in Congressional Testimony This Week

In testimony before a U.S. House Appropriations Subcommittee yesterday, Associated Builders and Contractors (ABC) Keystone Chapter President and CEO David Sload, a 39-year veteran of…

Contractors Remain Upbeat, According to ABC’s Latest Construction Confidence Index

Contractors Remain Upbeat, According to ABC’s Latest Construction Confidence Index

Commercial and industrial construction contractors entered 2018 with abundant confidence regarding sales and staffing levels for the next six months, according to the latest Construction…

Construction Material Price Expansion Continues in March, ABC Says

Construction Material Price Expansion Continues in March, ABC Says

Prices for inputs to construction materials expanded 0.8 percent in March and are 5.8 percent higher than at the same time one year ago, according…

Construction Employment Falters in March, Says ABC; Nonresidential Segment Loses 8,200 Net Jobs

Construction Employment Falters in March, Says ABC; Nonresidential Segment Loses 8,200 Net Jobs

The U.S. construction industry lost 15,000 jobs on net in March, according to an Associated Builders and Contractors (ABC) analysis of data from the U.S….

Nonresidential Construction Flat in February, Says ABC; Public Sector Spending Plummets

Nonresidential Construction Flat in February, Says ABC; Public Sector Spending Plummets

Nonresidential construction spending inched 0.1 percent higher in February, according to an Associated Builders and Contractors (ABC) analysis of U.S. Census Bureau data. Nonresidential spending,…

ABC Report: Safety Best Practices Can Make Construction Companies 670 Percent Safer

ABC Report: Safety Best Practices Can Make Construction Companies 670 Percent Safer

Associated Builders and Contractors (ABC) recently released its 2018 Safety Performance Report to further the construction industry’s understanding of how to make jobsites safer through…

ABC’s Construction Backlog Indicator Hits a New High, 2018 Poised to Be a Strong Year for Construction Spending

ABC’s Construction Backlog Indicator Hits a New High, 2018 Poised to Be a Strong Year for Construction Spending

The Associated Builders and Contractors (ABC) recently reported that its Construction Backlog Indicator (CBI) expanded to 9.67 months during the fourth quarter of 2017—its highest level…

Construction Materials Prices Continue to Expand Briskly in February, ABC Says

Construction Materials Prices Continue to Expand Briskly in February, ABC Says

Overall construction input prices rose 0.7 percent in February, slightly lower than the rate set in January, according to an Associated Builders and Contractors (ABC)…

Construction Employment Growth Surges in February, Notes ABC

Construction Employment Growth Surges in February, Notes ABC

February was the best month for construction employment gains since March 2007, according to Associated Builders and Contractors’ (ABC) analysis of employment report from the…

Nonresidential Construction Spending Dips Slightly in January, ABC Says

Nonresidential Construction Spending Dips Slightly in January, ABC Says

Nonresidential construction spending fell 0.1 percent on a monthly basis in January 2018, while year-over-year spending increased, according to an Associated Builders and Contractors (ABC)…

Strong Economy, Weaker Dollar Help Construction Materials Prices Recover in January, Says ABC

Strong Economy, Weaker Dollar Help Construction Materials Prices Recover in January, Says ABC

Overall construction input prices increased 1.1 percent in January, reversing a slight decline in December 2017, according to an Associated Builders and Contractors (ABC) analysis…

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…