News – Page 40 – Central Electric Inspection Bureau

ABC Launches Safe and Healthy Construction Pledge

by Rachel O'Grady

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WASHINGTON, May 28—Associated Builders and Contractors recently launched the Safe and Healthy Construction Pledge, an industry-wide call to action to redouble construction jobsite safety commitments under new protocols due to the coronavirus outbreak. Open to all U.S. contractors and industry associations, the pledge calls for prevention, preparedness and response plans to prevent injuries and disease and safeguard total human health.

ABC Members Provided Education for 1.1 Million Course Attendees in 2019, New Survey Finds

21May

by Rachel O'Grady

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WASHINGTON, May 21—According to the results of Associated Builders and Contractors 2020 Workforce Development Survey, ABC contractor members invested $1.5 billion on workforce development initiatives in 2019, providing craft, leadership and safety education to 1.1 million course attendees to advance their careers in commercial and industrial construction. Safety education accounted for nearly half of the total workforce investment, averaging $1,147 per employee annually.

ABC Names 2020 Craft Instructor of the Year

19May

by Rachel O'Grady

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WASHINGTON, May 19—Associated Builders and Contractors today announced Bryan Gamble, a certified electrical contractor and instructor for the ABC Greater Tennessee Chapter, was named the 2020 Craft Instructor of the Year. Gamble will be honored during the Careers in Construction Awards at ABC Convention 2020 in Nashville, Tennessee, on Aug. 19.

ABC Names the 2020 Craft Professional of the Year

19May

by Rachel O'Grady

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WASHINGTON, May 19—Associated Builders and Contractors today announced Ron Cayton, general superintendent, Gaylor Electric, Charlotte, North Carolina, was named the 2020 Craft Professional of the Year. Cayton will be honored during the Careers in Construction Awards at ABC Convention 2020 in Nashville, Tennessee, on Aug. 19.

ABC Names the 2020 Young Professional of the Year

19May

by Rachel O'Grady

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WASHINGTON, May 19—Associated Builders and Contractors today announced Brandon Mabile, business development manager, Performance Contractors, Houston, received ABC’s 2020 Young Professional of the Year Award. Mabile will be honored during the Careers in Construction Awards at ABC Convention 2020 in Nashville, Tennessee, on August 19.

ABC Economist: From All Systems Go to a Deep Recession in One Month

15May

by Rachel O'Grady

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WASHINGTON, May 15—Associated Builders and Contractors Chief Economist Anirban Basu warned the economic recovery following the COVID-19 outbreak would be quite different for the nonresidential construction industry compared to previous recessions, according to an economic outlook published in Construction Executive magazine.

Drop in April Construction Input Prices Could Help Stabilize Nonresidential Construction Sector, Says ABC

13May

by Rachel O'Grady

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WASHINGTON, May 13—Construction input prices fell 4.4% in April from 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 declined 4.2% for the month.

ABC, AICPA, NFIB, S Corporation Association and Other Small Business Advocates Say SBA Must Issue More Clear Guidance on PPP Loan Forgiveness, Focus on Program’s Intent

12May

by Rachel O'Grady

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WASHINGTON, May 12—Today, Associated Builders and Contractors, American Institute of CPAs, National Federation of Independent Business, the S Corporation Association and four other small business advocates issued the following statement in response to the lack of clear and consistent guidance from the Department of the Treasury’s and Small Business Administration’s on the Paycheck Protection Program. The statement is also supported by the National Electrical Contractors Association, American Council of Engineering Companies and the National Association of Wholesaler-Distributors. Together, these groups represent the voice of several million small businesses.

ABC’s Construction Backlog Indicator Falls in April; Contractor Confidence Rebounds from Historic Lows

12May

by Rachel O'Grady

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WASHINGTON, May 12—Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 7.8 months in April, the series’ lowest reading since the third quarter of 2012. Based on an ABC member survey conducted April 20-May 4, the results indicate that confidence among U.S. construction industry leaders inched higher last month compared to the historically low levels observed in the March survey.

Nonresidential Construction Employment Sees Record Loss in April, Says ABC

08May

by Rachel O'Grady

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WASHINGTON, May 8—The construction industry lost 975,000 jobs on net in April, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. This was the largest recorded decrease in construction jobs since the government began tracking employment in 1939, despite construction remaining an essential industry in much of the nation through April.