Associated Builders and Contractors today released the following statement applauding the bipartisan U.S. House of Representative passage of H.R. 1, the Lower Energy Costs Act.“ABC thanks lawmakers on both sides of the aisle who acted today to lower energy costs […]
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ABC Member Testifies to Congress on Pitfalls of Infrastructure Law
Associated Builders and Contractors member Aric Dreher, assistant general manager, Cianbro, headquartered in Pittsfield, Maine, today testified before the U.S. House of Representatives Transportation and Infrastructure Subcommittee on Highways and Transit during the hearing “Reviewing the Implementation of the Infrastructure Investment and […]
ABC: Construction Materials Prices Up 0.4% in February
Construction input prices expanded 0.4% in February 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 rose 0.4% for […]
ABC’s Construction Backlog Indicator and Contractor Confidence Index Rise in February
Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 9.2 months in February, according to an ABC member survey conducted Feb. 20 to March 6. The reading is 1.2 months higher than in February 2022.
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Construction Adds 24,000 Jobs in February, Says ABC
The construction industry added 24,000 jobs on net in February, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has risen by 249,000 jobs, […]