Items Tagged with 'ABC (Associated Builders and Contractors)'

Construction backlog slipped in June as sales and staffing confidence improved, but rising costs weighed on contractors’ profit expectations.

Hiring slows even as construction jobs increase now.

ABC says DOL's move is progress but calls for full repeal of Biden-era Davis-Bacon regulations.

Construction backlog hit a near three-year high in May, driven by data center projects.

Construction material costs climbed in May, driven by energy, steel and copper price gains.

Construction material prices rose nearly 10% from a year ago as higher energy, steel and copper costs added pressure on contractors and project budgets.

Construction hiring remained strong in May, led by specialty trades and nonresidential growth.

Texas and Louisiana have the largest number and percent of 12-month increases, while California and Alaska lag; Florida and New Mexico lead in monthly gains, while New Jersey and Maine have the biggest and steepest losses.

Rising steel and energy costs may squeeze contractor margins and slow projects this year nationwide.

ABC/Harris Poll: nonunion crews dominate workforce and voter base; PLA mandates may limit bids and raise costs.