News – Page 33 – Central Electric Inspection Bureau

ABC Names the 2021 Young Professional of the Year

by Erika Walter

0

GRAPEVINE, Texas, March 11—Associated Builders and Contractors today announced Jim Ellis, vice president, Price Electric, Robins, Iowa, received ABC’s 2021 Young Professional of the Year Award. Ellis was honored at ABC Convention 2021 in Grapevine, Texas, on March 9.

ABC Applauds Bill to Increase Fair and Open Competition on Taxpayer-funded Construction Contracts

24Feb

by Erika Walter

0

WASHINGTON, Feb. 24—Associated Builders and Contractors today voiced its strong support for the Fair and Open Competition Act, which was introduced today by Sen. Todd Young (R-Ind.) and Rep. Ted Budd (R-N.C.).

Monthly Construction Input Prices Surge 2.5% in January, Says ABC

17Feb

by Erika Walter

0

WASHINGTON, Feb. 17—Construction input prices increased 2.5% in January 2021 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 rose 2.1% for the month.

ABC Statement on Senate Committee Vote Approving Nomination of Mayor Walsh as Labor Secretary

10Feb

by Erika Walter

0

WASHINGTON, Feb. 11— Associated Builders and Contractors President and CEO Michael Bellaman released the follow statement on the vote by the U.S. Senate Health, Education, Labor and Pensions Committee to approve the nomination of Mayor Marty Walsh as secretary of the U.S. Department of Labor.

Construction Backlog and Contractor Optimism Rise to Start 2021, According to ABC Member Survey

09Feb

by Erika Walter

0

WASHINGTON, Feb.9—Associated Builders and Contractors reported today that its Construction Backlog Indicator rose to 7.5 months in January 2021, an increase of 0.2 months from its December 2020 reading, according to an ABC member survey conducted from Jan. 20 to Feb. 2. Despite the monthly uptick, backlog is 0.9 months lower than in January 2020.

Nonresidential Construction Loses Jobs in January, Says ABC

05Feb

by Erika Walter

0

WASHINGTON, Feb. 5—The construction industry lost 3,000 jobs on net in January 2021, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. During the last nine months, the industry has added 857,000 jobs, recovering 77% of the jobs lost during earlier pandemic stages.

Congress’s Reintroduction of the PRO Act Will Do Anything But ‘Build Back Better,’ Says ABC

04Feb

by Erika Walter

0

WASHINGTON, Feb. 4—Associated Builders and Contractors President and CEO Michael Bellaman released the follow statement today in response to Congress’s reintroduction of the Protecting the Right to Organize Act

While State Construction Unemployment Rates End Poorly in 2020, Industry Continues to Perform Better Than Other Sectors Nationally, Says ABC

04Feb

by Erika Walter

0

WASHINGTON, Feb. 4—As the nation struggles with the economic effects from the COVID-19 pandemic, construction employment continues to perform better than many other occupational groups, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. In December 2020, on a year-over-year basis, not seasonally adjusted construction unemployment rates rose nationally and in 48 states, and national NSA construction employment was down 125,000 from December 2019. However, national construction employment was only 3% below its pre-pandemic peak in February 2020 on a seasonally adjusted basis.

Nonresidential Construction Spending Dips Nearly 1% in December, Deepening a Monthslong Slump, Says ABC

01Feb

by Erika Walter

0

WASHINGTON, Feb. 1—National nonresidential construction spending declined 0.8% in December 2020, 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 $790.2 billion for the month, 4.8% lower than in December 2019 but 3.8% higher than in December 2018.

Nonresidential Construction Spending Dips Nearly 1% in December, Deepening a Monthlong Slump, Says ABC

01Feb

by Erika Walter

0

WASHINGTON, Feb. 1—National nonresidential construction spending declined 0.8% in December 2020, 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 $790.2 billion for the month, 4.8% lower than in December 20219 but 3.8% higher than in December 2018.