Chief Economist Advises Overall “Wait-and-See” Approach Associated Builders and Contractors’ (ABC) Chief Economist Anirban Basu forecasts continued momentum for the construction sector next year but advised an overall “wait-and-see” approach based on leading and lagging indicators and economic uncertainties, according to a 2020 economic outlook published in Construction Executive magazine. …
Read More »Merit Shop Scores Released
Florida Tops Rankings for Second Year in a Row Associated Builders and Contractors (ABC) has released its 2019 Merit Shop Scorecard, an annual ranking based on state policies and programs that encourage workforce development, career and technical education, job growth, and promote fair and open competition for taxpayer-funded construction projects. …
Read More »2019 Construction Economic Forecast
ABC Reports Momentum Will Persist for Several More Quarters U.S. economic performance has been brilliant of late. Sure, a considerable volume of negativity has surrounded issues such as the propriety of tariffs and shifting immigration policy, but the headline statistics make it clear that domestic economic performance is solid. Nowhere …
Read More »ABC Releases Annual Merit Shop Scorecard
Rankings Based on State Policies and Programs Associated Builders and Contractors (ABC) has released its 2018 Merit Shop Scorecard, an annual state ranking based on policies and programs that encourage open competition, education and job growth, and award construction contracts based solely on merit, regardless of labor affiliation. Florida topped …
Read More »ABC Predicts Modest Growth in 2017 Nonresidential Construction
Warns of Vulnerability for Contractors Associated Builders and Contractors (ABC) forecasts a slowdown of growth in the U.S. commercial and industrial construction industries in 2017. While contractors are vulnerable to rising commodity prices and potential interest rate increases in 2017, the middling consumer-led recovery should still lead to modest growth …
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