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ABC: Nonresidential Construction Spending Remains Near Record High

Construction Superintendent Magazine

in April, according to the latest Associated Builders and Contractors’ analysis of data published by the U.S. below the all-time high established in February,” said ABC Chief Economist Anirban Basu. “An National nonresidential construction spending decreased 0.3% Census Bureau. higher over the past two years.

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ABC Construction Backlog Indicator Falls for Small Contractors, Increases for Large Contractors

Construction Superintendent Magazine

Associated Builders and Contractors reported that its Construction Backlog Indicator declined to 8.4 months in October from 9 months in September, according to an ABC member survey conducted Oct. View ABC’s Construction Backlog Indicator and Construction Confidence Index tables for October. The reading is down 0.4

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How Tech Can Help Contractors Win the War for Talent

Construction Business Owner

How Tech Can Help Contractors Win the War for Talent ccapoccia Fri, 04/14/2023 - 15:52 While already fighting to keep up with its typical hiring pace, the construction industry will need to draw more than 500,000 additional workers this year to meet rising demands, according to recent data released by Associated Builders and Contractors (ABC).

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ABC: Construction Input Prices Increase in April

Construction Superintendent Magazine

in April compared to the previous month, according to the latest Associated Builders and Contractors’ analysis of U.S. over the first four months of the year,” said ABC Chief Economist Anirban Basu. Read more The post ABC: Construction Input Prices Increase in April appeared first on Construction Superintendent.

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ABC Releases February Construction Spending Data

Construction Superintendent Magazine

National nonresidential construction spending declined 1 % in February, according to an Associated Builders and Contractors analysis of data published by the U.S. Virtually every nonresidential construction segment experienced a decline in spending in February,” said ABC Chief Economist Anirban Basu. “In Census Bureau.

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As backlog rises, so does contractors’ confidence

Construction Dive

last month, but only time will tell if construction optimism is justified in the face of fresh headwinds, said ABC’s chief economist. New work increased 2.4%

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2024 Construction Workforce Shortage Tops Half Million, Says ABC

Construction Superintendent Magazine

The construction industry will need to attract an estimated 501,000 additional workers on top of the normal pace of hiring in 2024 to meet the demand for labor, according to a proprietary model developed by Associated Builders and Contractors. ABC estimates that the U.S. ABC estimates that the U.S.

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