Groundbreak Carolinas

GroundBreak Carolinas

Your source for construction industry news in the Carolinas

Associated Builders and Contractors (ABC)

Biden Rule Weaponizes IRS to Steer Clean Energy Construction Projects to Union Donors

by Associated Builders and Contractors on

Associated Builders and Contractors today issued the following statement regarding the U.S. Treasury Department’s Internal Revenue Service final rule released for public inspection June 18, which requires private developers to follow onerous project labor agreement, prevailing wage and apprenticeship policies when building clean energy projects funded by more than $270 billion in tax credits via the ABC-opposed Inflation Reduction Act. “If…

For AEC Firms, Business Growth is the Goal

by Mark Zweig, Chairman and Founder, Zweig Group on

For decades, I have been accused of being overly preoccupied with business revenue growth versus the bottom line. Zweig Group even hands out awards each year for the fastest-growing firms in the AEC business. Sure – you need to make a profit to stay in business. Survival is a mandate and no one has unlimited capital. But…

ABC’s Construction Backlog Indicator and Contractor Confidence Index Rise in February

by Associated Builders and Contractors on

Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 9.2 months in February, according to an ABC member survey conducted Feb. 20 to March 6. The reading is 1.2 months higher than in February 2022. View the historic Construction Backlog Indicator and Construction Confidence Index data series. Backlog rebounded in February and…

Input Prices Decline in September but Remain Higher on a Yearly Basis, Says ABC

by ABC on

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…

Checking in with Amy Sullivan Hicks, CEO of ABC Carolinas

by GroundBreak Staff Report on

It has been nearly a year since Amy Sullivan Hicks assumed the role of President and CEO of Associated Builders and Contractors of the Carolinas (ABC Carolinas). This week, GroundBreak Carolinas had the chance to get to know Amy better and hear about some of the chapter’s accomplishments since she took the helm last May….

Monthly Construction Input Prices Rise 2.1% in February, Says ABC

by ABC on

WASHINGTON, March 12, 2021 — Construction input prices rose 2.1% in February 2021, 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 also increased 2.1% for the month. Construction input prices are up 7.6% from February 2020, and nonresidential construction input…

CarolinaPower Recognized Nationally by ABC as a 2021 Top Performer

by GroundBreak Staff Report on

CarolinaPower, a leading regional electrical contractor, is honored to have earned a spot on the prestigious list of 2021 Top Performers unveiled this week by Associated Builders and Contractors (ABC). The annual Top Performers list recognizes member contractors’ achievements in five specific areas – safety, quality, diversity, project excellence and special designations, ranked by work…

Sit-down with ABC Carolinas 2021 Board Chair, Derek Lanning

by GroundBreak Carolinas on

GroundBreak Carolinas recently caught up with 2021 ABC Carolinas Board Chair, Derek Lanning of JE Dunn Construction in Charlotte to gain insight into how the association is working hand-in-hand with its members to help them grow their businesses, develop their workforces, and contribute to their local communities in a positive fashion. What are the biggest…

Monthly Construction Input Prices Surge 2.5% in January, Says ABC

by ABC on

WASHINGTON, Feb. 17,, 2021 — Construction input prices increased 2.5% in January 2021 compared to the previous month, 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 rose 2.1% for the month. Construction input prices rose 4.8% from a year ago….

Construction Backlog and Contractor Optimism Rise to Start 2021, According to ABC Member Survey

by ABC on

WASHINGTON, Feb.9, 2021 — Associated Builders and Contractors reported today that its Construction Backlog Indicator rose to 7.5 months in January 2021, an increase of 0.2 months from its December 2020 reading, according to an ABC member survey conducted from Jan. 20 to Feb. 2. Despite the monthly uptick, backlog is 0.9 months lower than in…