Forecasts growth in nonresidential construction spending of 7.4 percent next year
December 22, 2015
Associated Builders and Contractors (ABC) forecasts a continued steady economic recovery for the U.S. commercial and industrial construction industries in 2016. Despite a weak global economy, the industry’s solid economic recovery in 2015 should continue in 2016, led by strong consumer spending.
Scorecard explains how state policies affect contractors' abilities to conduct, expand businesses
December 14, 2015
The Merit Shop Scorecard grades states on project labor agreement (PLA), prevailing wage, and right-to-work policies, as well as their construction job growth rate, commitment to developing a well-trained workforce, level of flexibility in career and technical education curricula, and use of public-private partnerships (P3s).
Medalists Named in 15 National Craft Championships Competitions
April 13, 2015
Gold, silver, and bronze medalists were named in 15 National Craft Championships competitions. In addition, safety awards were presented to one competitor in each craft for their best-in-class safety practices.
Business Confidence Has Generally Been on the Rise
February 2, 2015
Real gross domestic product (GDP) expanded 2.6 percent (seasonally adjusted annual rate) during the fourth quarter of 2014, following a 5 percent increase in the third quarter, according to the Bureau of Economic Analysis. Investment in nonresidential structures increased 2.6 percent.
Rise in Backlog, Construction Employment, and Nonresidential Spending Expected
December 16, 2014
The Associated Builders and Contractors (ABC) forecasts a steady and ongoing economic recovery for the U.S. commercial and industrial construction industries in 2015. ABC said the reasonably brisk industry recovery in 2014 should continue in 2015.
CES Receives Awards for HVAC, Entertainment and Plumbing, Entertainment
November 28, 2014
Comprehensive Energy Services Inc. (CES) received two ABC Eagle Awards for outstanding design-build HVAC, plumbing, and special effects work on Transformers: The Ride 3D at Universal Studios Florida, named 2014 Project of the Year by Associated Builders and Contractors (ABC) - Central Florida Chapter.
2015 Will Likely Be a Strong Year of Recovery for the Nation’s Nonresidential Construction Industry
November 24, 2014
The Associated Builders and Contractors (ABC) announced that its Construction Backlog Indicator (CBI) reached a new all-time high during the third quarter of 2014 at 8.8 months, eclipsing the previous all-time high of 8.5 months set in the second quarter of 2014.