Your source for construction industry news in the Carolinas
WASHINGTON, Feb. 1, 2020 —National nonresidential construction spending declined 0.8% in December 2020, 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 $790.2 billion for the month, 4.8% lower than in December 2019 but 3.8% higher than in…
WASHINGTON, Jan. 15, 2020 — Construction input prices increased 1.8% in December 2020 compared to 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 2.1% for the month. Construction input prices expanded 2.7% between December 2019…
WASHINGTON, Jan. 4, 2021 — National nonresidential construction spending fell 0.6% in November 2020, 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 $792.5 billion for the month. Ten of the sixteen nonresidential subcategories saw decreased spending on a monthly basis….
WASHINGTON, Dec. 15, 2020 — Associated Builders and Contractors’ Chief Economist Anirban Basu forecasts a recession threat for the construction sector next year, but has illuminated some potential economic bright spots, such as e-commerce and Class B office space, according to a 2021 economic outlook published in Construction Executive magazine. Although ABC’s Construction Backlog Indicator—a leading indicator…
WASHINGTON, Dec. 11, 2020 — Construction input prices fell 0.5% in November compared to 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 fell 0.4% for the month. Construction input prices increased 0.9% between November 2019 and…
Charlotte, NC — ABC of the Carolinas (ABC Carolinas) is pleased to announce its 2021 Board of Directors. Four board members are based in South Carolina with the remainder located in North Carolina. Derek Lanning of JE Dunn Construction has been elected 2021 Chair, representing more than 300 member firms in North and South Carolina. “On…
WASHINGTON, Dec. 1, 2020 — National nonresidential construction spending was virtually unchanged in October, 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 $792.4 billion for the month. Of the sixteen nonresidential subcategories, nine were down on a monthly…
Charlotte, NC (November 10, 2020) — The Associated Builders and Contractors of the Carolinas (ABCC) today announced the winners of its 22nd Annual Excellence in Construction (EIC) Awards, considered the industry’s premier honor. Together, general contractors and specialty contractors from across the Carolinas won 25 First Place (Eagle) and 17 Second Place (Merit) Awards. Three…
WASHINGTON, Nov. 8, 2020 — Apprenticeships are a key part of Associated Builders and Contractors’ commitment to an all-of-the-above approach for developing a safe, skilled and productive workforce that meets the current and future needs of the construction industry. During the U.S. Department of Labor’s Apprenticeship Week, Nov. 8-14, ABC celebrates the value of earn-while-you-learn…
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…
