Your source for construction industry news in the Carolinas
The construction industry lost 5,000 jobs on net in January, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Overall, the industry has recovered slightly more than 1 million (91%) of the jobs lost during earlier stages of the pandemic. Nonresidential construction employment declined by…
Associated Builders and Contractors today issued its online Safety Technology Guide, a resource for contractors looking to implement construction technology for the best possible safety performance. “Executing on ABC’s commitment to world-class safety on jobsites requires ABC member contractors to continuously innovate,” said Matt Abeles, ABC vice president of construction technology and innovation. “To keep contractors…
Associated Builders and Contractors today applauded a federal court for granting a nationwide preliminary injunction order against the federal contractor vaccine mandate. The ruling came from the U.S. District Court for the Southern District of Georgia. “ABC’s participation in the case was essential to nationwide and construction industry relief, which would otherwise have been limited to the…
WASHINGTON, Oct. 14, 2021 — Construction input prices declined 0.5% in September, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices fell 0.4% for the month. Despite the monthly decline, construction input prices are 18.9% higher than in September 2020. Nonresidential…
National nonresidential construction spending fell 0.4% in August, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. Nonresidential spending totaled $788.6 billion in August on a seasonally adjusted annualized basis, down 3.0% from August 2020. Spending declined on a monthly basis in 10 of the 16…
National nonresidential construction spending expanded 0.1% in July, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $786.7 billion for the month. However, spending was down on a monthly basis in six of 16 nonresidential subcategories. Spending in…
Charlotte, NC – A M King announced it has achieved Diamond level in Associated Builders and Contractor’s (ABC) STEP Safety Management System, meaning the company is 655 percent safer than the industry average. Diamond is the highest level of merit-based safety awarded by ABC. Founded more than three decades ago, STEP has evolved into a world-class safety program…
Associated Builders and Contractors reports today that its Construction Backlog Indicator rose to 8.0 months in May, according to an ABC member survey conducted from May 20 to June 2, 0.1 months higher than in April 2021 and May 2020. While ABC’s Construction Confidence Index readings for sales increased modestly in May, confidence regarding profit…
WASHINGTON, April 14, 2021 — Associated Builders and Contractors today announced the winners of its annual Construction Management Competition, held virtually for 12 teams of undergraduate students from colleges and universities nationwide. Clemson University was named the overall winner of the 2021 competition, with the highest cumulative points in the five competition categories. The four-person…
