Associated Builders and Contractors Inc. (ABC)

Washington, DC 20001

More From Associated Builders and Contractors Inc. (ABC) - Page 10
Contractors are not likely to face widespread surges in materials prices anytime soon, according to ABC Chief Economist Anirban Basu.
Construction Input Prices Start 2020 on the Rise
The Northeast and West regions both experienced a 1.5-month decline, while backlog in the south expanded by 1.2 months.
Construction Backlog Drops 4% to End 2019
Unemployment Rates 1
December State Construction Unemployment Rates decreased from 5.1% to 5%
Abc Jobs Chart 2 7 20
Construction Employment Continues to Rise in the New Year
National nonresidential construction spending declined 1.2% in December 2019.
Nonresidential Construction Spending Dropped in December
Gdp Table Q4 19
U.S. Economic Expansion Begins to Slow
Over the next six months, 75% of contractors expect sales to rise, nearly 65% expect to increase staffing levels and more than 50% expect their profit margins to increase.
Contractors Confident Sales, Profit and Staffing Will Increase in 2020
Nonresidential construction backlog has generally been trending lower over the last year.
Drop in Construction Backlog Isn't Cause for Concern
Abc Jobs Graph 1 10 20
Construction Industry Adds 20,000 New Jobs in December
Construction unemplment rate climbed 0.5% in November 2019, continuing the trend of declinging year-over-year growth in employment.
Construction Employment Continues to Decline Year Over Year
City Commercial Construction Getty Images 839149924
Nonresidential Construction Spending Continues Decline
Confidence in October 2019 with respect to near-term prospects for sales and profit margins remained positive.
Construction Contractors Regain Confidence for Sales, Profit Margins
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