Associated Builders and Contractors
Skills shortages hindering construction workforce
While workforces in industries like hotels and restaurants are facing worker shortages as a whole, the construction industry's workforce is lacking skilled labor specifically, according to Anirban Basu. Keep Reading
ABC: Construction backlog steady, confidence up in August
The Associated Builders & Contractors’ (ABC) Construction Backlog Indicator saw no change in August, while the Construction Confidence Index grew. Keep Reading
Economic risks potentially present in 2023
After a year of growth in 2022, Anirban Basu with the Associated Builders & Contractors says 2023 poses a number of threats to that growth. Keep Reading
Inflation’s peak still poses problems
While there is a chance the U.S. has reached peak inflation, Anirban Basu, chief economist for the Associated Builders & Contractors, is unsure when prices will start to come down. Keep Reading
Emphasizing suicide prevention among construction workers
With September being Suicide Prevention Month, the Associated Builders & Contractors is promoting mental health among construction workers. Keep Reading
Recession on the horizon?
Anirban Basu, chief economist for the Associated Builders & Contractors, says the U.S. is not currently in a recession but believes it will happen at some point. Keep Reading
Forecasting future construction challenges
As the U.S. enters a technical recession, the nation’s long-term construction outlook is positive yet entails a number of headwinds. Anirban Basu of the Associated Builders & Contractors explains. Keep Reading
ABC: Construction input prices down in July, up from 2021
Associated Builders & Contractors (ABC) says construction input prices are down 1.8 percent from June to July, but are up 17.4 compared to July 2021. Keep Reading
ABC: Construction job openings, unemployment down in June
Construction job openings decreased by 71,000 jobs from May to June, while industry unemployment dropped 3.8 percent from June 2021. Keep Reading
