Aug 18, 2022 | Uncategorized
On July 21, the U.S. Department of Transportation published a proposed rule to update its Disadvantaged Business Enterprise program, which assists small businesses owned by socially and economically disadvantaged individuals in competing for DOT contracts. The stated...
Aug 18, 2022 | Uncategorized
Construction input prices decreased 1.8% in July compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices...
Aug 18, 2022 | Uncategorized
Associated Builders and Contractors reported today that its Construction Backlog Indicator fell 0.2 months in July and stands at 8.7 months, according to an ABC member survey conducted July 20 to Aug. 3. The reading is up 0.2 months from July 2021. View ABC’s...
Aug 11, 2022 | Uncategorized
Associated Builders and Contractors Vice President of Legislative & Political Affairs Kristen Swearingen issued the following statement regarding today’s vote on a Congressional Review Act resolution introduced by Sen. Dan Sullivan, R-Alaska, to overturn the Biden...
Aug 11, 2022 | Uncategorized
The not seasonally adjusted national construction unemployment rate plunged 3.8% in June 2022 from June 2021, down from 7.5% to 3.7%. Meanwhile, all 50 states had lower unemployment rates over the same period, according to a state-by-state analysis of U.S. Bureau of...
Aug 4, 2022 | Uncategorized
The U.S. economy contracted at a 0.9% annualized rate in the second quarter of 2022, according to an Associated Builders and Contractors analysis of data released today by the Bureau of Economic Analysis. Investment in nonresidential structures decreased at an annual...
