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Tag: Associated Builders and Contractors

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ABC: Nonresidential construction spending dips in August

October 3, 2022By

The Associated Builders & Contractors (ABC) says nonresidential construction spending totaled $859.3 billion for the month.

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While rising interest rates are driving single-family construction into a recession, multifamily is thriving due to houses becoming more expensive. Photo: william87/iStock / Getty Images Plus /Getty Images

Basu: Economic uncertainty to continue into 2023

September 28, 2022By

While Anirban Basu does not believe the U.S. is in a recession, the Associated Builders & Contractors’ chief economist says one is coming in 2023.

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ABC: Construction backlog steady, confidence up in August

September 14, 2022By

The Associated Builders & Contractors’ (ABC) Construction Backlog Indicator saw no change in August, while the Construction Confidence Index grew.

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Photo: P&Q Staff

Economic risks potentially present in 2023

September 7, 2022By and

After a year of growth in 2022, Anirban Basu with the Associated Builders & Contractors says 2023 poses a number of threats to that growth.

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Emphasizing suicide prevention among construction workers

September 1, 2022By

With September being Suicide Prevention Month, the Associated Builders & Contractors is promoting mental health among construction workers.

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Photo: P&Q Staff

Recession on the horizon?

August 31, 2022By and

Anirban Basu, chief economist for the Associated Builders & Contractors, says the U.S. is not currently in a recession but believes it will happen at some point.

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ABC: Construction input prices down in July, up from 2021

August 11, 2022By

Associated Builders & Contractors (ABC) says construction input prices are down 1.8 percent from June to July, but are up 17.4 compared to July 2021.

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The combination of long hours and shift work can result in a tired or fatigued workforce. Photo: Nalinee Supapornpasupad/IStock / Getty Images Plus/Getty Images

ABC: Construction job openings, unemployment down in June

August 3, 2022By

Construction job openings decreased by 71,000 jobs from May to June, while industry unemployment dropped 3.8 percent from June 2021.

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Report: Economy, nonresidential construction down in second quarter

July 29, 2022By

The U.S. economy contracted last quarter, and nonresidential spending is down in 10 of the last 11 quarters.

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