News – Page 50 – Central Electric Inspection Bureau

ABC’s Construction Backlog Indicator Contracts in April

by Rachel O'Grady

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WASHINGTON, June 18—Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 8.7 months in April 2019, down 0.8 months or 9% since March, when CBI stood at 9.5 months.

ABC VP Greg Sizemore Appointed to OSHA Advisory Committee on Construction Safety and Health

17Jun

by Rachel O'Grady

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WASHINGTON, June 17—Associated Builders and Contractors announced today that Greg Sizemore, ABC’s vice president of health, safety, education and workforce development, has been appointed to the Occupational Health and Safety Administration’s Advisory Committee on Construction Safety and Health. ACCSH provides the U.S. Department of Labor with guidance to improve workplace safety and health in the construction industry.

Construction Input Prices See Slight Increase in May, says ABC

11Jun

by Rachel O'Grady

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WASHINGTON, June 11—Construction input prices rose slightly by 0.3% in May on a monthly basis and are up 0.6% over the last 12 months, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data released today. Nonresidential input prices were also up 0.3% compared to the previous month and are 1.1% higher than they were a year ago.

Construction Employment Sees Modest Gains in May, Says ABC

07Jun

by Rachel O'Grady

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WASHINGTON, June 7 – The construction industry added 4,000 net new jobs in May, according to an Associated Builders and Contractors analysis of data released today from the U.S. Bureau of Labor Statistics. On a year-over-year basis, construction employment has expanded by 215,000 jobs, an increase of 3.0%.Nonresidential employment lost 1,500 net jobs last month but is up by 136,000 jobs compared to the same time last year.

Construction Employment Sees Modest Gains in May, Says ABC

07Jun

by Rachel O'Grady

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WASHINGTON, June 7 – The construction industry added 4,000 net new jobs in May, according to an Associated Builders and Contractors analysis of data released today from the U.S. Bureau of Labor Statistics. On a year-over-year basis, construction employment has expanded by 215,000 jobs, an increase of 3.0%.Nonresidential employment lost 1,500 net jobs last month but is up by 136,000 jobs compared to the same time last year.

Construction Employment Sees Modest Gains in May, Says ABC

07Jun

by Rachel O'Grady

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WASHINGTON, June 7 – The construction industry added 4,000 net new jobs in May, according to an Associated Builders and Contractors analysis of data released today from the U.S. Bureau of Labor Statistics. On a year-over-year basis, construction employment has expanded by 215,000 jobs, an increase of 3.0%.Nonresidential employment lost 1,500 net jobs last month but is up by 136,000 jobs compared to the same time last year.

ABC Names the Top-performing Contractors in U.S. Commercial and Industrial Construction

04Jun

by Rachel O'Grady

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WASHINGTON, June 4—Associated Builders and Contractors today released its 2019 Top Performers lists, which recognize ABC member contractors’ achievements in safety, quality, diversity and project excellence ranked by work hours, with special designations identified. Published as a supplement to Construction Executivemagazine, the lists identify the Top 150 Performers, Top 50 Performers with Special Designations and Top 20 Performers by Region.

ABC Applauds Passage of Texas Law Ensuring Fair and Open Competition

03Jun

by Rachel O'Grady

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WASHINGTON, June 3—Associated Builders and Contractors today praised Texas Gov. Greg Abbott (R) for signing the Neutrality in State Government Contracting bill (HB 985), which protects Texas taxpayers by ensuring all of Texas’ skilled construction workforce can compete on a level playing field for public works contracts to build projects utilizing state funding or credit.

Modest Increase in Nonresidential Spending in April, Says ABC

03Jun

by Rachel O'Grady

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WASHINGTON, June 3—According to an Associated Builders and Contractors analysis of U.S. Census Bureau data released today, national nonresidential construction spending rose 0.3% in April, totaling $792.6 billion on a seasonally adjusted annualized basis, and a 6.4% increase compared to the same time last year. While public nonresidential spending expanded 4.8% on a monthly basis and increased 15.4% since April 2018, private nonresidential spending fell 2.9% in April and is up just 0.6 % year-over-year.

April Construction Unemployment Rates Down in 49 States Year Over Year, Says ABC

29May

by Donna Reichle

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WASHINGTON, May 29—In April, for the second month in a row, estimated not seasonally adjusted construction unemployment rates fell nationally and in 49 states on a year-over-year basis, according to an analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. Mississippi was the only state with an increase, where construction unemployment rose from 9.2% in April 2018 to 10% in the most recent report.