WASHINGTON, April 13—Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 7.8 months in March, according to an ABC member survey...
Reshaping the Industry
Three actions are necessary to build a thriving, profitable and durable construction industry:
- Acceptance. Recognize current situations and challenges and accept they are real.
- Leadership. Embrace core values and principles as innovators and leaders.
- Solutions. Collaborate among owners, contractors and workforce for solutions.
The gap between input costs for construction and contractors’ bid prices widened further in March. The producer price index (PPI) for nonresidential building construction—a...
"We cannot solve our problems with the same thinking we used when we created them." -Albert Einstein When it comes to practical and motivating quotes, Albert Einstein is...
Nonfarm payroll construction employment, seasonally adjusted, rebounded in March with a gain of 110,000 jobs following a weather-induced decline of 56,000 in February, according...
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Immigration is arguably one of the most divisive issues the United States faces today. As the leader of one of the largest specialty subcontracting firms in the U.S. and a...
Seasonally adjusted construction employment in February trailed the pre-pandemic February 2020 level in 44 states and the District of Columbia and exceeded it in six states,...
In an effort to inspire an interest in young women who may have not considered a career in the construction industry, the Construction & Maintenance Education Foundation, the...
Seasonally adjusted construction employment in January trailed the pre-pandemic February 2020 level in 42 states, exceeded it in eight states and held steady in the District of...
It is important for construction firms and project owners to understand how COVID-19 has impacted and continues to affect the availability and prices of construction materials and...
