ABC’s Construction Backlog Indicator Hits a New High in Second Quarter of 2018

ABC’s Construction Backlog Indicator Hits a New High in Second Quarter of 2018

Associated Builders and Contractors reports that its Construction Backlog Indicator expanded to a record 9.9 months during the second quarter of 2018. Backlog is up…

Construction Material Prices Fell in August, Says ABC

Construction Material Prices Fell in August, Says ABC

Prices for inputs to construction fell 0.5 percent in August but are 8.1 percent higher than at the same time one year ago, according to…

Construction Employment Retains Momentum in August, Says ABC

Construction Employment Retains Momentum in August, Says ABC

The U.S. construction industry added 23,000 net new jobs in August, an increase from the 18,000 net new jobs added in July, according to an…

Construction Material Prices Inch Down in July, Says ABC

Construction Material Prices Inch Down in July, Says ABC

Prices for inputs to construction fell 0.2 percent in July but are 9.5 percent higher than a year ago, according to an Associated Builders and…

Construction Adds 19,000 Jobs as Unemployment Plummets in July, Says ABC

Construction Adds 19,000 Jobs as Unemployment Plummets in July, Says ABC

The U.S. construction industry added 19,000 net new jobs in July after adding 13,000 net new jobs in June, according to an Associated Builders and…

Nonresidential Construction Spending Dips in June, Says ABC

Nonresidential Construction Spending Dips in June, Says ABC

Nonresidential construction spending contracted 1.6 percent on a monthly basis in June, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data….

June Construction Unemployment Rates Down in 15 States Year Over Year, Says ABC

June Construction Unemployment Rates Down in 15 States Year Over Year, Says ABC

Estimated June construction unemployment rates fell in 15 states on a year-over-year basis, rose in 33 states and were unchanged in two states (Arizona and…

Nonresidential Fixed Investment Surges in Second Quarter, Says ABC

Nonresidential Fixed Investment Surges in Second Quarter, Says ABC

The U.S. economy expanded at an annualized 4.1 percent rate during the second quarter of 2018 — the fastest rate of quarterly growth since the…

ABC Predicts Stable Nonresidential Construction Sector for Remainder of Year

ABC Predicts Stable Nonresidential Construction Sector for Remainder of Year

Warns of potential downturn in 2020 due to rising material prices, interest rate Associated Builders and Contractors Chief Economist Anirban Basu predicts the nonresidential construction…

Construction Material Prices Increase Steadily in June, Says ABC

Construction Material Prices Increase Steadily in June, Says ABC

According to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data, construction material prices rose another 0.8 percent in June and…

Construction Employment Retains Momentum in June, Says ABC; Unemployment Rate Increases as Labor Force Grows

Construction Employment Retains Momentum in June, Says ABC; Unemployment Rate Increases as Labor Force Grows

The U.S. construction industry added 13,000 net new jobs in June after adding 29,000 net new jobs in May (revised upward from 25,000+), according to…

Nonresidential Construction Spending Remains Elevated in May, But Private Sector Falters, Says ABC

Nonresidential Construction Spending Remains Elevated in May, But Private Sector Falters, Says ABC

Nonresidential construction spending inched 0.1 percent higher on a monthly basis in May, according to an Associated Builders and Contractors analysis of U.S. Census Bureau…

ABC and JLG form Strategic Partnership to Advance Innovation in Construction

ABC and JLG form Strategic Partnership to Advance Innovation in Construction

National construction trade association Associated Builders and Contractors and access equipment manufacturer JLG Industries Inc. recently announced a strategic partnership that will help solve industry challenges…

May Construction Unemployment Rates Down Year Over Year in 45 States, Says ABC

May Construction Unemployment Rates Down Year Over Year in 45 States, Says ABC

Estimated May construction unemployment rates fell in 45 states on a year-over-year basis, rose in four states and were unchanged in one state (Alabama), according…

ABC’s Construction Confidence Index Surges in Q1

ABC’s Construction Confidence Index Surges in Q1

Despite ongoing concerns regarding labor force availability and rising interest rates, and emerging concerns regarding tariffs and construction materials prices, construction contractors emerged from the…

ABC’s Construction Backlog Indicator Remains Elevated in First Quarter of 2018

ABC’s Construction Backlog Indicator Remains Elevated in First Quarter of 2018

Associated Builders and Contractors (ABC) reports that its Construction Backlog Indicator (CBI) contracted to 8.8 months during the first quarter of 2018, down 9 percent…

Construction Materials Surge Again in May With Largest Monthly Increase in a Decade, Says ABC

Construction Materials Surge Again in May With Largest Monthly Increase in a Decade, Says ABC

Prices for inputs to construction materials expanded 2.2 percent in May and are 8.8 percent higher than at the same time one year ago, according…

Nonresidential construction remains unchanged in April, says ABC

Nonresidential construction remains unchanged in April, says ABC

Nonresidential construction spending remained unchanged in April on a monthly basis, according to an Associated Builders and Contractors (ABC) analysis of U.S. Census Bureau data…

Construction adds 25,000 jobs in May, says ABC

Construction adds 25,000 jobs in May, says ABC

The U.S. construction industry added 25,000 net new jobs in May, according to Associated Builders and Contractors’ (ABC) analysis of data from the U.S. Bureau…

ABC Calls for More Effective and Collaborative Safety Regulations

ABC Calls for More Effective and Collaborative Safety Regulations

In testimony before a subcommittee of the U.S. House Committee on Education and the Workforce, Kwest Group President and Chairman of the Associated Builders and…