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 the [...] [...]
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 question is [...] [...]
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 16 [...] [...]
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 grant [...] [...]
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