Tags: Associated Builders and Contractors (ABC)

Public spending on construction may decline from sequestration

Mar 06, 2013

Public spending on construction may decline from sequestration

The Associated Builders and Contractors (ABC) reports that nonresidential construction spending fell 3.3 percent in January, with outlays decreasing to a seasonally adjusted annual rate of $572.1 billion, citing a March 1 report by the U.S. Census Bureau. Year over year, ...

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Nonresidential construction spending predicted to expand 5.2% in 2013

Dec 13, 2012

Nonresidential construction spending predicted to expand 5.2% in 2013

Associated Builders and Contractors (ABC) reports that the nation’s construction materials prices fell 1.1 percent in November — the largest monthly decrease since February 2009 — according to the producer price index report by the U.S. Department of Labor. However, ...

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Construction backlogs decline in Q1

Jul 02, 2012

Associated Builders and Contractors (ABC) in mid-May released its Construction Backlog Indicator (CBI) for the first quarter of 2012. According to the report, “CBI declined 5.4 percent from the previous quarter, dipping from 7.8 months to 7.4 months, but is slightly ...

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Construction Coalition for a Drug- and Alcohol-Free Workplace formed

May 09, 2012

Five of the nation’s largest construction trade associations have teamed up to form the Construction Coalition for a Drug- and Alcohol-Free Workplace (CCDAFW). The coalition’s mission is to create a drug- and alcohol-free construction industry by providing companies and organizations ...

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Nonresidential construction spending down for third consecutive month

May 02, 2012

Associated Builders and Contractors (ABC) reports that total nonresidential construction spending fell for the third month in a row, declining 0.2 percent in March to a seasonally adjusted annual rate of $556.85 billion, according to the May 1 report by ...

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Construction industry loses 7,000 jobs in March

Apr 06, 2012

The Associated Builders and Contractors (ABC) reports that the construction industry lost 7,000 jobs in March, inching the unemployment rate up to 17.2 percent from 17.1 percent in February, according to the April 6 Department of Labor employment report. Year over year, ...

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Associated Builders and Contractors endorses Romney

Feb 23, 2012

Associated Builders and Contractors (ABC) endorsed Republican presidential candidate and former Massachusetts Gov. Mitt Romney to be the 45th president of the United States during the organization's National Board of Directors meeting in Phoenix on Feb. 23. “The election of Mitt ...

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Construction unemployment up 16 percent

Jan 06, 2012

Construction unemployment up 16 percent

Construction unemployment jumped 16 percent in December, according to a Jan. 6 report from the Associated Builders and Contractors (ABC). However, ABC Chief Economist Anirban Basu says this rise in unemployment shouldn’t cause too much alarm. "The increase in construction ...

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American Institute of Architects, Associated Builders and Contractors partner for contract documents program

Nov 29, 2011

The American Institute of Architects (AIA) and Associated Builders and Contractors (ABC) on Nov. 29 formede a marketing partnership agreement, designed to foster a greater understanding and exchange of ideas between architects and contractors in the construction community, according to ...

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Construction materials prices: Down 0.2% for quarter, 8.1% higher year ago

Oct 18, 2011

The Associated Builders and Contractors (ABC) reports that while the nation’s wholesale prices increased for the first time in five months, construction materials prices were unchanged in September, according to the Oct. 18 Producer Price Index (PPI) report by the ...

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Construction unemployment rate 13.3%, industry adds 26,000 jobs

Oct 07, 2011

The Associated Builders and Contractors (ABC) reports that despite a stagnant national unemployment rate, the construction industry added 26,000 jobs in September, and the unemployment rate improved to 13.3 percent for the month, according to the Department of Labor’s Oct. ...

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What Construction Needs from the President’s Jobs Plan: Associated Builders and Contractors

Sep 07, 2011

On the evening just before President Obama’s speech to unveil his jobs plan to the nation, Associated Builders and Contractors (ABC) on Sept. 7 called on the president to repeal costly regulations and offer bold, new public-private partnership policies to ...

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