Washington, Jan. 30—The U.S. economy expanded at an annualized rate of 2.1% in the fourth quarter of 2019, despite investment in structures declining…
Author: Associated Builders and Contractors
Construction Contractor Confidence Surges Into 2020, Says ABC
Washington, Jan. 23—Confidence among U.S. construction industry leaders increased in November 2019 with respect to sales, profit margins and staffing, according to the Associated…
ABC’s Construction Backlog Indicator Dips in November
Washington, Jan. 21—Associated Builders and Contractors reported today that its Construction Backlog Indicator fell slightly to 8.8 months in November, a 1.5% decline…
Nonresidential Construction Employment Up in December, Says ABC
Washington, Jan. 10—The construction industry added 20,000 net new jobs in December 2019, according to an Associated Builders and Contractors analysis of data…
November Construction Unemployment Rates Rise From a Year Ago, Says ABC
Washington, Jan. 6—In November, estimated not seasonally adjusted construction unemployment rates increased nationally and in 38 states, fell in 11 states and were…
Nonresidential Construction Falls in November, Says ABC
Washington, Jan. 3—National nonresidential construction spending declined 0.3% in November but is up 5.1% year over year, according to an Associated Builders and Contractors…
Construction Contractor Confidence Rebounds in October, Says ABC
Washington, Dec. 19—Leaders of the U.S. construction industry regained a degree of confidence in October 2019 with respect to near-term prospects for sales…
ABC’s Construction Backlog Flat in October
Washington, Dec. 17—Associated Builders and Contractors reported today that its Construction Backlog Indicator remained virtually unchanged at 8.9 months in October, up just 0.2%…
Nonresidential Construction Employment Rises in November, Says ABC
Washington, Dec. 6—The construction industry added 1,000 net new jobs in November, according to an Associated Builders and Contractors analysis of data released today…
ABC’s 2020 Construction Economic Forecast: Momentum Persists, Despite Uncertainties
Washington, Dec. 4—Associated Builders and Contractors Chief Economist Anirban Basu forecasts continued momentum for the construction sector next year but advised an overall…