Your source for construction industry news in the Carolinas
Nonresidential construction spending expanded by 0.3 percent on both a monthly and yearly basis in May and stands at $714.3 billion on a seasonally adjusted annualized basis, according to analysis of a report from the U.S. Census Bureau released today by Associated Builders and Contractors (ABC). Private nonresidential construction spending fell to $433.6 billion in…
The Associated Builders and Contractors of the Carolinas (ABC) today issued a Union Watch Alert on efforts by the AFL-CIO and the IBEW to pressure the Charlotte city council to establish a task force to study construction workers conditions. On Monday, the two groups held a press conference at Charlotte City Government Center to urge…
In May, not seasonally adjusted (NSA) construction unemployment rates were down in 24 states on a year-over-year basis, according to analysis released today by Associated Builders and Contractors (ABC). At the same time, the construction industry employed 192,000 more workers than in May 2016, according to data from the U.S. Bureau of Labor Statistics (BLS),…
Associated Builders and Contractors applauded President Donald J. Trump on today’s executive action on apprenticeships, which is an important step toward building new career opportunities for all Americans. If fully implemented, the order will allow industries to build innovative workforce development systems that address glaring skills gaps in our workforce. With the construction industry currently…
The Associated Builders and Contractors of the Carolinas (ABC) recognized the future of the construction industry in a graduation ceremony at The Broken Spoke in Charlotte, NC. The event was attended by nearly 200 people, including family, friends, co-workers, and ABC members. ABC graduated 16 Electrical Apprentices class who have completed 8,000 on-the-job training (OJT)…
To meet growing demand for skilled workers, the Associated Builders and Contractors of the Carolinas (ABC) announced that it will be opening a new facility in the Raleigh, NC area. Located in Apex, NC, the 10,000 sq. ft. building will serve as the ABC Triangle’s new office and Training Center. According to ABC, the new facility…
Construction spending dipped slightly in March, just one month after building activity hit an all-time high. According to the Commerce Department, construction spending slipped 0.2 percent in March to a seasonally adjusted $1.218 trillion. Last month, construction spending rose 1.8 percent to a record high of $1.22 trillion. “Construction spending totals during the past two months are at…
The Associated Builders and Contractors (ABC) today praised President Donald Trump for taking important steps to create a pro-growth business environment in a statement from ABC President and CEO Michael Bellaman. “In his first 100 days in office President Trump has taken needed action to free business owners from unnecessarily burdensome regulations that have long hindered…
Members of the construction industry gathered at the North Carolina Capitol this week. The Associated Builders and Contractors (ABC) of the Carolinas held their 10th annual Hard Hat Day in Raleigh, NC. The group was welcomed by House Speaker Tim Moore, Commerce Secretary Tony Copeland and members of the North Carolina General Assembly. The annual…
Nonresidential construction spending remained unchanged in February, according to analysis of U.S. Census Bureau data released today by Associated Builders and Contractors (ABC). The segment totaled $701.9 billion on a seasonally adjusted annualized rate for the month, marking the seventh consecutive month in which nonresidential spending sat above the $700 billion threshold. Private nonresidential construction…
