Washington, May 21—According to the results of Associated Builders and Contractors 2020 Workforce Development Survey, ABC contractor members invested $1.5 billion on workforce…
Author: Associated Builders and Contractors
ABC Economist: From All Systems Go to a Deep Recession in One Month
Washington, May 15—Associated Builders and Contractors Chief Economist Anirban Basu warned the economic recovery following the COVID-19 outbreak would be quite different for…
Nonresidential Construction Employment Sees Record Loss in April, Says ABC
Washington, May 8—The construction industry lost 975,000 jobs on net in April, according to an Associated Builders and Contractors analysis of data released…
U.S. Economy Fell 4.8% in 1st Quarter of 2020 Due to COVID-19, Says ABC
Washington, April 29—The U.S. economy contracted at an annualized 4.8% rate during the first quarter of 2020 as a result of the ongoing…
ABC’s Construction Backlog Indicator Down in February
Washington, April 21—Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 8.2 months in February, a 7.7% decrease from…
ABC Helps to Author Strategy for Safe, Strong Recovery as Part of Great American Economic Revival Industry Groups
Washington, April 15—Associated Builders and Contractors President and Chief Executive Officer Michael D. Bellaman today issued the following statement regarding the Great American…
February’s Construction Spending Decline Indicates What’s to Come, Says ABC
Washington, April 1—National nonresidential construction spending fell 1.8% in February, but is up 2.5% compared to the same time last year, according to…
The CARES Act is a Critical Lifeline for Construction Industry, Small Business Community, Says ABC
Washington, March 27—Associated Builders and Contractors Vice President of Legislative and Political Affairs Kristen Swearingen today issued the following statement about the signing…
Construction Contractor Confidence Robust to Start 2020, Says ABC
Washington, March 19—Confidence among U.S. construction industry leaders generally improved in January, consistent with the burgeoning momentum of the U.S. economy during the early…
ABC’s Construction Backlog Indicator Rebounds in January
Washington, March 17—Associated Builders and Contractors reported today that its Construction Backlog rose to 8.9 months in January 2020, a 5.9% increase from…