By Professional Roofing | Originally posted on professionalroofing.net Construction material prices dropped 0.1% in April and are up 0.1% on a year-over-year basis, according to Associated Builders and Contractors. Prices in April were 41.3% higher than in February 2020. Nonresidential construction material prices rose 0.2% from March to April and increased 0.2% compared with one […]
By William Thomas | Originally posted on mcsmag.com In January of this year, the Associated Builders and Contractors (ABC) dropped a number that has reverberated across boardrooms and bid meetings alike: the U.S. construction industry must attract 439,000 net new craft professionals in 2025, nearly half a million in 2026, to meet the expected increase […]
By Kansas City Business Journal | Originally posted on bizjournals.com Demand for new workers in construction looms large: The industry needs an estimated 439,000 net new workers this year, and it will need even more in 2026, according to estimates from the Associated Builders and Contractors. That creates a conundrum for overseers of safety, a […]
By James Leggate | Originally posted on enr.com Republicans in the U.S. House of Representatives passed their tax and spending bill, the One Big Beautiful Bill Act, by a 215-214 vote during an overnight session May 22. The package includes tax deductions benefiting many construction contractors, along with a mix of provisions that are likely to […]
By ConstructionDive | Originally posted on constructiondive.com The promise of AI being a practical answer to increasing productivity and your bottom line is always subject to having good data to feed the AI model. Thankfully, AI-driven technology can enhance the safety and success of your projects by utilizing a visual data source that has been […]
By Jean Cole, The Decatur Daily, Ala. | Originally posted on yahoo.com May 2—About this time each year, high school athletes get a lot of attention as they sign with different colleges and universities. But there is also a signing day for students in the building and construction trades. They sign letters of intent to […]
By Business Wire | Originally posted on finance.yahoo.com LOS ANGELES, April 29, 2025–(BUSINESS WIRE)–The need for skilled construction workers is at a critical point, but despite an increase in female workers, about 90 percent of construction workers are still male. The industry will have to close the gender gap if it wants to meet demand.1 […]
By Associated Builders and Contractors | Originally posted on finance.yahoo.com WASHINGTON, May 01, 2025 (GLOBE NEWSWIRE) — Associated Builders and Contractors today released its 2025 Health and Safety Performance Report, an annual guide to construction jobsite health and safety best practices. As a proud sponsor, ABC published the report ahead of Construction Safety Week 2025, May 5-9, to […]
By Ethan Duran, BridgeTower Media Newswires | Originally posted on finance-commerce.com Construction job openings in early spring fell by 38,000, which experts called a sign of slowing demand for labor. There were 248,000 job openings in construction on the last day of March, an Associated Builders and Contractors analysis of data from a U.S. Bureau […]
By Dakota Smith | Originally posted on woodworkingnetwork.com WASHINGTON — The national March 2025 not seasonally adjusted construction unemployment rate was 5.4%, unchanged from March 2024, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. The analysis found that 19 states had lower estimated construction unemployment rates over the […]