Contractors’ input costs rose more than their bid prices in February, according to Bureau of Labor Statistics (BLS) data posted on Wednesday. The producer price index (PPI) for...
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.
Company success depends on consistently tracking progress, like monitoring annual revenue, project backlog, cash flow, and other items that indicate your company's health. But we...
Construction employment, seasonally adjusted, totaled a record-high 7,918,000 in February, an increase of 24,000 from the January total and 249,000 (3.2%) year-over-year (y/y),...
WASHINGTON, March 8—The construction industry reported 248,000 job openings in January, according to an Associated Builders and Contractors analysis of data from the U.S....
Construction spending (not adjusted for inflation) totaled $1.83 trillion in January at a seasonally adjusted annual rate, down 0.1% from the upwardly revised December rate and up...
Construction workforce management is so much more than just scheduling the crews to show up at the job. It is knowing your bench strength and leveraging it to produce better...
WASHINGTON, March 1—National nonresidential construction spending increased by 0.3% in January, according to an Associated Builders and Contractors analysis of data published...
Two reports on construction starts in January point in different directions. Total construction starts in current dollars (i.e., not inflation-adjusted) slumped 27% from December...
Associated Builders and Contractors recently reported that its Construction Backlog Indicator declined 0.2 months to 9.0 in January, according to an ABC member survey conducted...
