Inflation Easing: Monthly Construction Input Prices Drop 2.7% in December, Says ABC
Construction input prices fell 2.7% in December 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 also declined 2.7% for the month. Overall construction input prices are 7.9% higher than a year ago, while nonresidential…
Rogers Building Solutions Acquires Sluss+Padgett, Enhances Strategic Diversification & Growth
Rogers Building Solutions (RBS) announced it has acquired Sluss+Padgett (S+P), a leading provider of commercial HVAC, plumbing, automation and controls, service, maintenance and retrofit services headquartered in Norcross, Georgia and serves customers in Georgia and South Carolina. RBS is a national HVAC, mechanical and plumbing contractor headquartered in Douglasville, Georgia, providing install, retrofit, service, and…
Carolinas AGC Announces 2023 CAGC Foundation Board
Carolinas AGC (CAGC) is pleased to announce the 2023 Foundation Board of Directors. The CAGC Foundation Board is made up of the following members: Chair: Edison Cassels, Edison Foard, Inc.Treasurer: Chad Webb, Cleveland Construction, Inc.CAGC Chair: Mark Johnnie, Balfour BeattyImmediate Past Chair: Claudia Dodgen, Crowder Constructors, Inc.Trustee: Evan Sowell, Langston Construction Co. of Piedmont LLCTrustee: Mike Hall, Hall Contracting CorporationTrustee: Scott Fant, ReevesTrustee: Grey Parks, SC Department of…
Carolinas AGC Announces 2023 Board of Directors
Carolinas AGC (CAGC) is pleased to announce the 2023 Board of Directors. The CAGC Board is made up of the following members: Chair: Mark Johnnie, Balfour BeattyChair Elect: Dean Wilson, Hood Construction Company, IncTreasurer: Ty Edmondson, T.A. Loving CompanyVice Chair: Lynn Hansen, Crowder Constructors, Charlotte NCPast Chair: Charlie Wilson, C.T. Wilson Construction CompanyHighway/Heavy Chair: Marty McKee, King AsphaltBuilding Chair: Chris Smith, Beverly-GrantUtility Chair: Derrick Morgan, State UtilitiesSpecialty Chair: Daniel Poaps, Palmetto…
Construction Employment Grows in 268 of 358 Metro Areas From November 2021 to 2022 as Demand Outpaces Labor Supply in Some Markets
Construction employment increased in 268 of 358 metro areas between November 2021 and November 2022, according to an analysis by the Associated General Contractors of America of new government employment data. Association officials said the job gains likely would have been higher but that many contractors report that demand for new projects is outpacing the availability of workers…
Total Construction Starts Fall in November
Total construction starts fell 18% in November to a seasonally adjusted annual rate of $926.3 billion, according to Dodge Construction Network. During the month, nonresidential building starts lost 25%, nonbuilding shed 21%, and residential starts dropped 5%. Year-to-date, total construction starts were 14% higher in the first 11 months of 2022 compared to the same period…
Commercial, Institutional and Health Care Construction Drive ABC’s Backlog Indicator to Highest Level Since Q2 2019
Associated Builders and Contractors reports today that its Construction Backlog Indicator increased to 9.2 months in November, according to an ABC member survey conducted Nov. 21 to Dec. 6. The reading is 0.8 months higher than in November 2021. Backlog is now at its highest level since the second quarter of 2019. The increase in…
Nonresidential Construction Spending Down 0.3% in October
National nonresidential construction spending was down by 0.3% 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, nonresidential spending totaled $898.4 billion for the month. Spending was down on a monthly basis in seven of the 16 nonresidential subcategories….
Construction Job Openings Decreased By 52,000 in October, Says ABC
The construction industry had 371,000 job openings in October, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting. Industry job openings decreased by 52,000 last…
The Winners of the 8th Annual Excellence in Concrete Construction Awards
The eighth annual ACI Excellence in Concrete Construction Awards showcased dozens of innovative concrete projects from around the world. The “Overall Excellence” award was presented to Chau Chak Wing Museum, located in Sydney, New South Wales, Australia. The winning concrete project also received first place in the mid-rise structures category at the ACI Excellence in Concrete Construction Awards…
