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Tag Archives: Associated Builders and Contractors

Contractors get chilled by winter weather

Commercial contractors around the nation continue to struggle to find work, and this year’s terrible weather has not helped them. Nonresidential construction spending declined for the second consecutive month, falling 0.3 percent in January, but is up 6.5 percent over the past year, according to a March 3 release by the U.S. Census Bureau. Spending for the month totaled $578.7 ...

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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 year ago. “After a period ...

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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 year ago. “Materials prices continue ...

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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 from the 12.3 percent jobless ...

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More puzzling numbers reported on construction industry

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 from the 12.3 percent jobless ...

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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 U.S. Department of Labor figures, ...

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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. With competition for contracts as ...

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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 the BP oil spill will ...

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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 the BP oil spill will ...

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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 question is will the moratorium ...

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