Tag Archives: Associated Builders and Contractors

Third-Quarter Nonresidential Fixed Investment in Structures Rises 12.3 Percent

Fixed investment in nonresidential structures and intellectual property grew 12.3 percent and 2.2 percent, respectively, in the third quarter, according to an analysis of data released by the U.S. Commerce Department by Associated Builders and Contractors (ABC). However, the group … Continue reading

Posted in News, Today's News | Tagged | Leave a comment

Glass, Construction Industries Face Shortage of Qualified Labor

Companies in the Midwest, such as Arlington Glass, are finding work in a variety of different project types as the market slowly returns.

The president of J.E. Berkowitz LP credits his company’s “new age” hires for largely sparing the company from the shortage of qualified labor that is being felt nationally. Arthur Berkowitz says his Pedricktown, N.J.-based architectural glass company’s experience with the … Continue reading

Posted in Featured News, News, Today's News | Tagged , , , , , , , | Leave a comment

Construction Materials Prices Remain Stable, Rise Only 0.3 Percent in August

Construction materials prices rose only 0.3 percent in August and are up 1.4 percent year over year, according to the September 13 Producer Price Index released by the Department of Labor. In addition, nonresidential construction materials increased 0.5 percent for … Continue reading

Posted in News, Today's News, Trends | Tagged , , , , | Leave a comment

Nonresidential Construction Spending Increases 0.7 Percent in April

After a disappointing March, the nation’s nonresidential construction industry bounced back moderately in April, according to an analysis of a recent report from the U.S. Census Bureau by Associated Builders and Contractors (ABC).  Nonresidential construction spending increased 0.7 percent in … Continue reading

Posted in News, Today's News | Tagged , | Leave a comment

First Quarter CBI Declines 1.1 Percent; Non-Res Activity Remains Sporadic

The Associated Builders and Contractors (ABC) reported its Construction Backlog Indicator (CBI) remained unchanged at eight months from the third quarter through the fourth quarter of 2012. However, it is up 2.4 percent compared to a year ago. CBI is … Continue reading

Posted in News, Today's News | Tagged , | Leave a comment

Nonresidential Fixed Investment Rises 2.1 Percent in First Quarter

Nonresidential fixed investment grew 2.1 percent in the first quarter of this year, with 3 percent growth in equipment and software investments partially offset by a 0.3 percent decrease in investment in structures, according to the April 26 report by … Continue reading

Posted in News, Today's News | Tagged | Leave a comment

Construction Confidence Down for Second Half of 2012

Confidence in the U.S. construction market was down for the second half of 2012, according to the latest report from the Associated Builders and Contractors (ABC). ABC’s Construction Confidence Index (CCI) looks at three aspects of the U.S. nonresidential construction … Continue reading

Posted in News, Today's News | Tagged , , | Leave a comment