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ABC

Nonresidential Construction Spending Declines Further in September, Says ABC

by ABC on November 4, 2020

WASHINGTON, Nov. 2,, 2020 —National nonresidential construction spending fell 1.6% in September, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, monthly spending totaled $794.3 billion.  Among the sixteen nonresidential subcategories, thirteen were down on a monthly basis.  Private nonresidential spending…

Topics: Contracting
ABC, Nonresidential construction spending

Monthly Construction Input Prices Rise in September, Says ABC

by Joan Krause on October 14, 2020

WASHINGTON, Oct. 14, 2020 — Construction input prices increased 1.6% in September compared to the previous month, according to an Associated Builders and Contractors analysis of Producer Price Index data released today by the U.S. Bureau of Labor Statistics. Nonresidential construction input prices rose 1.4% for the month. Among 11 subcategories, eight experienced monthly increases, with…

Topics: Business
ABC, Associated Builders and Contractors (ABC), Construction Input prices

ABC’s Construction Backlog Slips in September; Contractors Remain Optimistic

by ABC on October 14, 2020

WASHINGTON, Oct. 13, 2020 — Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 7.5 months in September, a decline of 0.5 months from August’s reading, according to an ABC member survey conducted Sept. 20-Oct. 6. Backlog is 1.5 months lower than in September 2019. ABC’s Construction Confidence Index readings for…

Topics: Contracting
ABC, Associated Builders and Contractors (ABC), Construction Backlog Indicator, Construction Confidence Index

Nonresidential Construction Spending Falls Slightly in August, Says ABC

by Joan Krause on October 2, 2020

WASHINGTON, Oct. 1, 2020 — National nonresidential construction spending fell 0.1% in August, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, spending totaled $814.3 billion for the month. Of the 16 nonresidential subcategories, nine were down on a monthly basis. Private…

Topics: Contracting
ABC, Associated Builders and Contractors (ABC), Nonresidential construction spending

ABC’s Construction Backlog Indicator Rebounds in August; Contractor Optimism Builds

by ABC on September 16, 2020

WASHINGTON, Sept. 15, 2020 —Associated Builders and Contractors reported today that its Construction Backlog Indicator rebounded to 8.0 months in August, an increase of 0.2 months from July’s reading, according to an ABC member survey conducted Aug. 20-Sept. 1. The August backlog is a half-month lower than in August 2019. ABC’s Construction Confidence Index readings for…

Topics: Business, Contracting
ABC, ABC Construction Confidence Index, Associated Builders and Contractors (ABC), Construction Backlog Indicator

Monthly Construction Input Prices Rise in August, Says ABC

by ABC on September 11, 2020

WASHINGTON, Sept. 10, 2020 — Construction input prices expanded 0.6% in August over the previous month, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices increased 0.3% for the month. Natural gas prices rose at the fastest rate in August,…

Topics: Business, Contracting
ABC, Associated Builders and Contractors (ABC), Construction Input prices

Construction Employment Continues to Recover in August, Says ABC

by ABC on September 10, 2020

WASHINGTON, Sept. 4, 2020 —Construction industry employment expanded by 16,000 jobs on net in August, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Over the last four months, the industry added 658,000 jobs, recovering approximately 61% of the jobs lost during March and April. The…

Topics: Business, Contracting
ABC, Associated Builders and Contractors (ABC), Construction Employment

ABC Launches Tech Alliance to Help Contractors Transform the Construction Process

by Associated Builders and Contractors on August 25, 2020

Associated Builders and Contractors today announced the launch of its inaugural Tech Alliance—a consortium of firms that create construction technology and innovative digital solutions for ABC contractor members, the majority of which are classified as small businesses and primarily perform work in the industrial and commercial sectors. Consisting of 13 companies, the Tech Alliance will…

Topics: Business, Technology
ABC, Construction Technology

ABC Honors Student Winners of 2020 Construction Management Competition

by Associated Builders and Contractors on August 19, 2020

Twenty-six teams of undergraduate students from colleges and universities nationwide put their construction project leadership skills to the test during Associated Builders and Contractors’ annual Construction Management Competition, held virtually for the first time this week. The four-person teams, which were assigned to complete the same construction management project, received awards in five categories. The…

Topics: Colleges
ABC, Construction management

Monthly Construction Input Prices Rise Again in July, Says ABC

by ABC on August 11, 2020

WASHINGTON, Aug. 11, 2020 — Construction input prices rose 1.9% in July over the previous month, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices rose 1.8% for the month. Among 11 subcategories, four experienced monthly increases, with the…

Topics: Business
ABC, Associated Builders and Contractors (ABC), Construction Input prices

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