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Nonresidential Construction Spending Inches Up in August, Says ABC

Construction Superintendent Magazine

National nonresidential construction spending increased 0.1% in August, according to an Associated Builders and Contractors’ analysis of data published by the U.S. Private nonresidential spending decreased 0.1%, while public nonresidential construction spending was up 0.3% Census Bureau.

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ABC: Record Rebound in Construction Job Openings in August

Construction Superintendent Magazine

The construction industry had 370,000 job openings on the last day of August, according to an Associated Builders and Contractors’ analysis of data from the U.S. Construction job openings rebounded sharply in August, exhibiting the largest one-month increase on record,” said ABC Chief Economist Anirban Basu.

ABC 59
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ABC: Construction Unemployment Rate Plunges to Second Lowest Ever Recorded

Construction Superintendent Magazine

The construction industry added 27,000 jobs on net in June, according to an Associated Builders and Contractors analysis of data released by the U.S. Nonresidential construction employment increased by 21,200 positions on net, with growth in all three subcategories. The construction unemployment rate decreased to 3.3%

ABC 98
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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.

ABC 59
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ABC Releases Data for September Construction Job Openings

Construction Superintendent Magazine

The construction industry had 288,000 job openings on the last day of September, according to an Associated Builders and Contractors’ analysis of data from the U.S. Read more The post ABC Releases Data for September Construction Job Openings appeared first on Construction Superintendent.

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ABC Releases July Construction Materials Prices Analysis

Construction Superintendent Magazine

Construction input prices increased.4% 4% in July compared to the previous month, according to an Associated Builders and Contractors’ analysis of U.S. Nonresidential construction input prices also increased.4% Overall construction input prices are 1.1% Overall construction input prices are 1.1% 4% for the month.

ABC 59
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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).