Posts Tagged ‘Associated Builders and Contractors’

ABC: Prices for construction materials show volatility

WASHINGTON — Construction materials prices expanded 0.6 percent in January and are up 1.5 percent year over year, according to the Feb. 19 producer price index released by the Department of Labor. More specifically, nonresidential construction materials prices are up 0.5 percent for the month and are 1 percent higher than the same time one […] [...]

Construction materials prices show some volatility

WASHINGTON — Construction materials prices expanded just 0.1 percent in December and are up 1.3 percent year over year, according to a Jan. 15 Producer Price Index released by the Department of Labor. Nonresidential construction materials prices also rose only 0.1 percent for the month and are 1 percent higher than the same time one […] [...]

Construction industry sees more confusing numbers

The construction industry has again released statistics that do not seem to quite add up, this time concerning employment. In July, builders recorded a loss of 6,000 jobs in July, according to figures from the U.S. Department of Labor. Yet, construction unemployment fell to 9.1 percent, down from 9.8 percent last month and significant decrease […] [...]

Construction materials prices remain flat

It seems nothing is predictable in the construction industry these days. Trends and numbers do not always add up for builders who are slogging through one of the biggest construction turndowns in decades. That is certainly the case with current construction materials prices. According to a report from the Associated Builders and Contractors, which cited […] [...]

CONSTRUCTION HIT THE BRAKES AFTER STRONG 2011 START — Dwindling backlog of work explains why quest for contracts is very competitive in Mississippi

A second quarter national construction surge that created an 8-month backlog of work fizzled out by the end of the year, an analysis by the chief economist for the national chapter of Associated Builders and Contractors shows. It’s news that the head of the Mississippi chapter of the Associated Builders and Contractors expected to hear. […] [...]

Construction economist sees strengthened recovery for state

A commercial construction economist has delivered a half-cup of good cheer on Mississippi’s economic prospects for 2012 and predicted the state should return to its pre-Gulf oil spill pace. Anirban Basu, chief economist for the  Associated Builders and Contractors, set 2012 economic growth at 2.4 percent nationally and said he expects regaining momentum lost to […] [...]

Builder groups split on new Congress

Trade associations split on what to expect following elections The state’s two leading construction trade associations are divided as to whether the new-look Congress will be a plus for builders. The Associated Builders and Contractors (ABC) is optimistic. The Associated General Contractors (AGC), on the other hand, is more guarded in its outlook. Now, the […] [...]

Nonresidential construction still hurting

by Wally Northway Published: February 2,2010

Tags: Associated Builders and Contractors, construction, recession

Private nonresidential construction spending rose 0.2 percent in December, but was down 17.7 percent year-over-year, according to the Feb. 1 report produced by the U.S. Census Bureau. Total nonresidential construction spending fell 0.5 percent for the month and 9.8 percent for the year, reaching $633.8 billion on a seasonally adjusted annual basis. Eight of the […] [...]

MABC gets diversity grant

JACKSON — The Mississippi Associated Builders & Contractors (MABC) has been awarded a $10,000 Chapter Diversity Initiative Grant from Associated Builders and Contractors (ABC) national office to assist in MABC’s efforts to develop long-term diversity programs. “ABC strives to develop programs that will enhance the construction industry in Mississippi,” said Buddy Edens, MABC president, “This […] [...]

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