ABC Welcomes Trump Administration’s Proposal to Clarify ‘Waters of the United States’
Associated Builders and Contractors issued the following statement from its vice president of government affairs, Kristen Swearingen, on the U.S. Environmental Protection Agency and U.S. Army Corps of Engineers release of a proposed rule that will clarify the definition of “waters of the United States.” “ABC supports the Trump administration’s proposed rule to clarify the Clean Water…
Pre-Shutdown Nonresidential Construction Spending Down in August
National nonresidential construction spending decreased 0.2% 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, nonresidential spending totaled $1.24 trillion. Spending was down on a monthly basis in 10 of the 16 nonresidential subcategories. Private nonresidential spending was down…
ABC Contractor Backlog and Confidence Slip in October
Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 8.4 months in October, according to an ABC member survey conducted Oct. 20 to Nov. 4. The reading is down 0.1 months since September but unchanged from October 2024. View the full Construction Backlog Indicator and Construction Confidence Index data series. Backlog was…
FMI Releases First Installment of 2025 Project Management Study
Part 1, “Why Project Management Still Fails,” highlights persistent industry challenges and opportunities for leaders to act FMI Corporation, a leading provider of consulting and investment banking services to the built environment, today announced the release of part one of its 2025 Project Manager Study. The first installment, Why Project Management Still Fails, examines the root…
New Study: Project Management Software for Construction Owners and Contractors Increases Profitability, Productivity, and Efficiency for High Skill Users
Data Shows 77% of optimized adopters experience increased profit margins and productivity gains for leadership/executive teams Dodge Construction Network, in partnership with Procore Technologies, Inc. (NYSE: PCOR), the leading global provider of construction management software, today announced the findings of a new study that measures the value of project management software for construction owners and contractors….
Barely Half Of Metro Areas Add Construction Jobs From July 2024 To July 2025; Association To Unveil Survey Finding Firms Struggle To Fill Openings
Just 184, or 51 percent, of the nation’s metro areas added construction jobs between July 2024 and July 2025, according to an analysis by the Associated General Contractors of America of new government employment data. Association officials said a survey of their members to be released on Thursday shows many contractors want to hire more workers but cannot…
Turner Building Cost Index Q2 2025: Costs Continue to Rise
Turner Construction has released its Q2 2025 Building Cost Index, and the message is clear: construction costs continue to climb. The index, a widely followed benchmark that tracks labor, material, and productivity trends in the U.S. nonresidential building market, shows a steady upward trajectory through mid-year. While the pace of increases has moderated compared to…
Construction Employment Growth Anemic in July
The construction industry added 2,000 jobs on net in July, according to an Associated Builders and Contractors analysis of data released Friday by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has increased by 96,000 jobs, or 1.2%. Nonresidential construction employment increased by 6,400 positions on net, with growth in 2…
Nonresidential Construction Spending Contracts in 6 of Past 7 Months
National nonresidential construction spending decreased 0.1% in June, 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 $1.241 trillion. Spending was down on a monthly basis in 9 of the 16 nonresidential subcategories. Private nonresidential spending fell 0.3%…
Contractor Optimism Grows as ABC’s Backlog Indicator Rebounds in June
Associated Builders and Contractors reported today that its Construction Backlog Indicator rose to 8.7 months in June, according to an ABC member survey conducted June 20 to July 7. The reading is up 0.3 months since June 2024. View the full Construction Backlog Indicator and Construction Confidence Index data series. The largest contractors have nearly two…
