News – Page 37 – Central Electric Inspection Bureau

ABC Honored to Receive the Pledge to America’s Workers Presidential Award

by Rachel O'Grady

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WASHINGTON, Sept. 23—Associated Builders and Contractors is honored to announce it has received the Pledge to America’s Workers Presidential Award, which will be presented today at a White House event. Among nine recipients, ABC was selected based on its achievements in workforce education and fulfilling its 2018 pledge to recruit and upskill at least 500,000 workers by 2023.

ABC’s Construction Backlog Indicator Rebounds in August; Contractor Optimism Builds

15Sep

by Donna Reichle

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WASHINGTON, Sept. 15—Associated Builders and Contractors reported today that its Construction Backlog Indicator rebounded to 8.0 months in August, an increase of 0.2 months from July’s reading, according to an ABC member survey conducted Aug. 20-Sept. 1. The August backlog is a half-month lower than in August 2019.

Monthly Construction Input Prices Rise in August, Says ABC

10Sep

by Donna Reichle

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WASHINGTON, Sept. 10—Construction input prices expanded 0.6% in August over 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 increased 0.3% for the month.

Construction Employment Continues to Recover in August, Says ABC

04Sep

by Rachel O'Grady

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WASHINGTON, Sept. 4—Construction industry employment expanded by 16,000 jobs on net in August, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Over the last four months, the industry added 658,000 jobs, recovering approximately 61% of the jobs lost during March and April.

Nonresidential Construction Employment Continues to Recover in August, Says ABC

04Sep

by Rachel O'Grady

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WASHINGTON, Sept. 4—Construction industry employment expanded by 16,000 jobs on net in August, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Over the last four months, the industry added 658,000 jobs, recovering approximately 61% of the jobs lost during March and April.

Nonresidential Construction Spending Falls Again in July, Says ABC

01Sep

by Rachel O'Grady

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WASHINGTON, Sept. 1—National nonresidential construction spending fell 1.2% in July, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, spending totaled $809.1 billion for the month.

ABC Endorses President Trump for Reelection

28Aug

by Rachel O'Grady

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WASHINGTON, Aug. 28—Associated Builders and Contractors is proud to announce its endorsement of President Donald J. Trump for reelection. In a letter to the president, ABC President and CEO Michael D. Bellaman and ABC 2020 National Chair, Tim Keating, owner and president of R. C. Stevens Construction Co., Winter Garden, Florida, said:

ABC Launches Tech Alliance to Help Contractors Transform the Construction Process

25Aug

by Rachel O'Grady

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WASHINGTON, Aug. 25—Associated Builders and Contractors today announced the launch of its inaugural Tech Alliance—a consortium of firms that create construction technology and innovative digital solutions for ABC contractor members, the majority of which are classified as small businesses and primarily perform work in the industrial and commercial sectors. Consisting of 13 companies, the Tech Alliance will leverage technology solutions to help ABC members develop people, win work and deliver work safely, ethically and profitably for the betterment of the communities in which they work.

ABC Honors Student Winners of 2020 Construction Management Competition

19Aug

by Rachel O'Grady

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WASHINGTON, Aug. 19—Twenty-six teams of undergraduate students from colleges and universities nationwide put their construction project leadership skills to the test during Associated Builders and Contractors’ annual Construction Management Competition, held virtually for the first time this week. The four-person teams, which were assigned to complete the same construction management project, received awards in five categories.

Monthly Construction Input Prices Rise Again in July, Says ABC

11Aug

by Rachel O'Grady

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WASHINGTON, Aug. 11—Construction input prices rose 1.9% in July over 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 1.8% for the month.