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Storms Suppress Nonresidential Construction Spending in October, Says ABC

Construction Superintendent Magazine

in October, according to an Associated Builders and Contractors analysis of data published today by the U.S. Total construction spending rose sharply in October, but that was entirely due to a sharp increase in residential activity,” said ABC Chief Economist Anirban Basu. National nonresidential construction spending decreased 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 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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Nonresidential Construction Spending Inches Up in August, Says ABC

Construction Superintendent Magazine

in August, according to an Associated Builders and Contractors’ analysis of data published by the U.S. Nonresidential construction spending inched higher in August, and that’s almost entirely due to ongoing infrastructure investments,” said ABC Chief Economist Anirban Basu. National nonresidential construction spending increased 0.1%

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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.

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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 specialty trade contractors added the most jobs for the month, (+9,200 jobs), followed by heavy and civil engineering (+6,300 jobs) and nonresidential building (+5,700 jobs).

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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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