News – Page 28 – Central Electric Inspection Bureau

ABC-Led Coalition Announces Six-Figure Advocacy Campaign

by Erika Walter

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WASHINGTON, July 14—Build America Local, a coalition of construction industry and business organizations led by Associated Builders and Contractors, today announced a six-figure issue advocacy campaign aimed at educating Americans and members of the U.S. Senate about controversial government-mandated project labor agreements that reduce competition and increase costs for the construction of taxpayer-funded affordable housing, clean energy and infrastructure projects across America.

ABC’s Construction Backlog Indicator and Contractor Confidence Index Rise in June

13Jul

by Erika Walter

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WASHINGTON, July 13—Associated Builders and Contractors reports today that its Construction Backlog Indicator rose to 8.5 months in June, according to an ABC member survey conducted June 20-July 6, 0.5 months higher than in May 2021 and 0.4 months higher than in June 2020.

Nonresidential Construction Sheds 22,600 Jobs in June Due Largely to Worker Shortages, Says ABC

02Jul

by Erika Walter

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WASHINGTON, July 2—The construction industry lost 7,000 jobs on net in June, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Despite that setback, the industry has recovered 875,000 (78.6%) of the jobs lost during the earlier stages of the pandemic.

ABC: Partisan House-passed Infrastructure Package Hurts American Workers and Small Businesses

01Jul

by Donna Reichle

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WASHINGTON, July 1—Associated Builders and Contractors strongly opposes H.R. 3684, the INVEST in America Act, a partisan infrastructure bill that passed the U.S. House of Representatives today by a vote of 221-201. H.R. 3684 is a $715 billion surface transportation reauthorization and water infrastructure bill that represents House Democrat’s attempt to reauthorize the expiring 2015 Fast Act.

Nonresidential Construction Spending Down 0.7% in May, Says ABC

01Jul

by Erika Walter

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WASHINGTON, July 1—National nonresidential construction spending declined 0.7% in May, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $784.5 billion for the month.

ABC: A Bipartisan Infrastructure Deal Should Welcome the Entire Construction Industry to Rebuild America

24Jun

by Erika Walter

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WASHINGTON, June 24—Associated Builders and Contractors President and CEO Michael Bellaman today released the following statement regarding President Biden’s announcement signaling a bipartisan agreement on a $953 billion infrastructure plan.

ABC Awards Four Inclusion, Diversity and Equity Initiative Grants

24Jun

by Erika Walter

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WASHINGTON, June 24—Associated Builders and Contractor today announced that it has awarded an Inclusion, Diversity and Equity Initiative Grant to ABC of Michigan and its Greater Houston, Ohio Valley and Pacific Northwest chapters.

ABC Welcomes New Chief Financial Officer

17Jun

by Erika Walter

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WASHINGTON, June 17—Associated Builders and Contractors today announced P. Bianca Domally has joined the association as chief financial officer.

ABC’s Construction Backlog Inches Higher in May; Materials and Labor Shortages Suppress Contractor Confidence

15Jun

by Erika Walter

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WASHINGTON, June 15— Associated Builders and Contractors reports today that its Construction Backlog Indicator rose to 8.0 months in May, according to an ABC member survey conducted from May 20 to June 2, 0.1 months higher than in April 2021 and May 2020.

Construction Input Prices Rise 4.6% in May; Softwood Lumber Prices Up 154% From a Year Ago, Says ABC

15Jun

by Erika Walter

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WASHINGTON, June 15—Construction input prices increased 4.6% in May 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 increased 4.8% for the month.