News – Page 39 – Central Electric Inspection Bureau

ABC Cancels Convention 2020

by Rachel O'Grady

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WASHINGTON, July 6—Associated Builders and Contractors today announced the cancellation of ABC Convention 2020, which was scheduled for Aug. 17-19 in Nashville, Tennessee. The event, which includes the National Craft Championships, Construction Management Competition and National Excellence in Construction® Awards, was previously postponed from March due to the coronavirus pandemic.

Nonresidential Construction Has Recovered 56% of Jobs Lost Since March Employment Report, Says ABC

02Jul

by Rachel O'Grady

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WASHINGTON, July 2—The construction industry added 158,000 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. During the last two months, the industry has added 591,000 jobs, recovering 56% of the industrywide jobs lost since the start of the pandemic.

ABC: Anti-competitive House Infrastructure Bill Excludes Many U.S. Workers From Rebuilding America

01Jul

by Rachel O'Grady

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WASHINGTON, July 1—Associated Builders and Contractors Vice President of Legislative & Political Affairs Kristen Swearingen today issued the following statement on the U.S. House of Representatives’ passage of H.R. 2, the Moving Forward Act, by a vote of 233 to 188:

Nonresidential Construction Spending Falls Modestly in May, Says ABC

01Jul

by Rachel O'Grady

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WASHINGTON, July 1—National nonresidential construction spending declined 0.9% 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, spending totaled $812.5 billion for the month. Private nonresidential spending declined 2.4% in May and public nonresidential construction spending increased 1.2%.

ABC Joins National Initiative to Address Inequality of Opportunity

23Jun

by Rachel O'Grady

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WASHINGTON, June 22—Associated Builders and Contractors today announced it is partnering with the U.S. Chamber of Commerce on a national initiative to address inequality of opportunity.

ABC, NAHB Applaud D.C. Circuit Court Decision to Reject Lawsuit to Compel OSHA to Issue Emergency Temporary Standard for Infectious Diseases/COVID-19

11Jun

by Rachel O'Grady

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WASHINGTON, June 11—Associated Builders and Contractors Vice President of Health, Safety, Environment and Workforce Development Greg Sizemore and National Association of Home Builders Chief Executive Officer Jerry Howard issued the following joint statement today on the D.C. Circuit Court’s decision to reject a lawsuit brought by the AFL-CIO to compel the Occupational Health and Safety Administration to issue an “emergency temporary standard” for infectious diseases/COVID-19:

Construction Input Prices Rise in May, Says ABC

11Jun

by Rachel O'Grady

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WASHINGTON, June 11—Construction input prices rose 0.8% 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 rose by 0.8% for the month as well.

ABC’s Construction Backlog Indicator Inches Higher in May; Contractor Confidence Continues to Rebound

09Jun

by Rachel O'Grady

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WASHINGTON, June 9—Associated Builders and Contractors reported today that its Construction Backlog Indicator rose to 7.9 months in May, an increase of less than 0.1 months from April’s reading. Furthermore, based on an ABC member survey conducted May 20-June 3, results indicate that confidence among U.S. construction industry leaders continued to rebound from the historically low levels observed in the March survey.

Construction Employment Sees Record Rebound in May, Says ABC

05Jun

by Rachel O'Grady

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WASHINGTON, June 5—The construction industry added 464,000 net new jobs in May, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. May represented the largest monthly increase in construction jobs since the government began tracking employment in 1939, a drastic improvement from April, which recorded the industry’s largest month-over-month job loss.

Nonresidential Construction Spending Falls in April, Says ABC

01Jun

by Rachel O'Grady

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WASHINGTON, June 1—National nonresidential construction spending decreased by 1.8% in April, 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 $801.8 billion for the month, a 0.9% increase from April 2019.