Tag: ABC
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ABC: Nonresidential Construction Spending Slips Again in April Amid Economic Pressures
National nonresidential construction spending edged down 0.1% in April, according to the latest data from the U.S. Census Bureau, analyzed by Associated Builders and Contractors (ABC). On a seasonally adjusted annual rate, total spending in the sector reached $1.248 trillion. Six out of 16 nonresidential subcategories saw month-over-month declines. Private nonresidential construction dipped by 0.5%,…
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ABC Supply supports troops with Raised for Homes donation
ABC Supply Co. Inc. is proud to announce that its monthlong fundraising campaign, in partnership with AJ Foyt Racing at the 109th running of the Indianapolis 500 presented by Gainbridge, raised an impressive $4.7 million for Homes For Our Troops (HFOT). As part of its commitment to supporting our nation’s Veterans, ABC Supply matched the…
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Poettker Construction Earns ABC Top Performer Award
Poettker Construction, an award-winning, family-owned business, earned the No. 109 spot on the Associated Builders and Contractors’ 2025 Top Performers List, recognizing the association’s contractor members’ exemplary performance in safety, quality, merit, project excellence and special designations ranked by the number of hours worked. “This award is a testament to the preeminent employees we have at every…
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ABC Reports Construction Labor Force Churn Advance in January
There has been a labor shortage in the construction industry for the past few years and according to an Associated Builders and Contractors (ABC) analysis of data, as of the last day of January, there were 236,000 job openings. Associated Builders and Contractors This data was released in the U.S. Bureau of Labor Statistics’ Job Openings and Labor…
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ABC Economist Shares 2025 Construction Outlook
To assess emerging trends and both current and future concerns of the construction industry, the Equipment Today (ET) team team spoke with experts throughout the industry. In our conversation below, Zack Fritz, Economist, Associated Builders and Contractors (ABC), offers insights into today’s challenges and tomorrow’s opportunities. ET: What are the most critical construction industry challenges…
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ABC: Material Costs Down 0.2% in December, Up 0.9% YoY
One of the many economic indicators we’re all watching is the price of materials in the construction industry. With political and economic changes in the mix, what can contractors expect for prices in 2025? Associated Builders and Contractors (ABC) offers a glimpse. According to ABC: Construction input prices decreased 0.2% in December compared to the previous month,…