Mississippi Business Journal » Associated Builders and Contractors

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

Ted Carter — Sun, 26 Feb 2012 06:01:09 +0000

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. [...]

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Construction economist sees strengthened recovery for state

Ted Carter — Sun, 27 Nov 2011 06:00:35 +0000

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 [...]

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Builder groups split on new Congress

Wally Northway — Sun, 28 Nov 2010 06:00:59 +0000

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 [...]

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Nonresidential construction still hurting

Wally Northway — Tue, 02 Feb 2010 12:54:07 +0000

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 [...]

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MABC gets diversity grant

MBJ Newswires — Mon, 13 Jul 2009 19:37:55 +0000

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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