News – Page 34 – Central Electric Inspection Bureau

Investment in Nonresidential Structures Up a Meager 3% in Final Quarter of 2020, Says ABC

by Erika Walter

0

WASHINGTON, Jan. 28—The U.S. economy expanded at an annualized 4.0% rate in the fourth quarter of 2020 as the nation’s recovery from last spring’s economic devastation continued. Nonresidential investment in structures increased at a 3.0% annualized rate in the fourth quarter.

Investment in Nonresidential Structures Up Meager 3% in Final Quarter of 2020, Says ABC

28Jan

by Erika Walter

0

WASHINGTON, Jan. 28—The U.S. economy expanded at an annualized 4.0% rate in the fourth quarter of 2020 as the nation’s recovery from last spring’s economic devastation continued. Nonresidential investment in structures increased at a 3.0% annualized rate in the fourth quarter.

Monthly Construction Input Prices Increase in December, Says ABC

15Jan

by Erika Walter

0

Construction input prices increased 1.8% in December 2020 compared to the previous month, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices rose 2.1% for the month.

Contractor Optimism Improves as ABC’s Construction Backlog Inches Up in December

12Jan

by Donna Reichle

0

Associated Builders and Contractors reported today that its Construction Backlog Indicator rebounded modestly to 7.3 months in December, an increase of 0.1 months from November’s reading, according to an ABC member survey conducted from Dec. 18 to Jan. 5. Backlog is 1.5 months lower than in December 2019.

A Bright Spot in Today’s Jobs Report: Nonresidential Construction Adds Jobs in December, Says ABC

08Jan

by Erika Walter

0

The construction industry added 51,000 net new jobs in December, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. During the last eight months, the industry has added 857,000 jobs, recovering 79.1% of the jobs lost during the earlier stages of the pandemic.

ABC Issues Statement on the Nomination of Mayor Marty Walsh as Labor Secretary

08Jan

by Erika Walter

0

Associated Builders and Contractors President and CEO Michael Bellaman released the follow statement on president-elect Joe Biden’s nomination of Boston Mayor Marty Walsh to run the U.S. Department of Labor

ABC Statement on the Nomination of Mayor Walsh as Labor Secretary

08Jan

by Erika Walter

0

Associated Builders and Contractors President and CEO Michael Bellaman released the follow statement on president-elect Joe Biden’s nomination of Boston Mayor Marty Walsh to run the U.S. Department of Labor

REWARD ANNOUNCED FROM NABTU FOR INFORMATION LEADING TO ARREST OF SUSPECTS IN THE MURDER OF A CAPITOL POLICE OFFICER

08Jan

by Central Electric Inspection Bureau

0

WASHINGTON, DC – Jan. 8, 2021 – This morning, North ...

The post REWARD ANNOUNCED FROM NABTU FOR INFORMATION LEADING TO ARREST OF SUSPECTS IN THE MURDER OF A CAPITOL POLICE OFFICER appeared first on NABTU.

ABC Supports Final DOL Revisions to Independent Contractor Status

06Jan

by Erika Walter

0

Associated Builders and Contractors of Vice President of Regulatory, Labor and State Affairs Ben Brubeck released the following statement regarding the U.S. Department of Labor’s Independent Contractor Final Rule.

Nonresidential Construction Spending Declines in November, Says ABC

04Jan

by Erika Walter

0

National nonresidential construction spending fell 0.6% in November 2020, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, spending totaled $792.5 billion for the month.