Associated Builders and Contractors unveiled the members of its fifth annual Tech Alliance — a cohort of leading technology companies built to create construction tech solutions for the association’s contractor members, which primarily perform work in the commercial and industrial sectors. “ABC’s Tech Alliance helps drive innovation throughout the association by helping our members develop their workforce, win work and deliver that work safely, ethically and profitably,” said Matt Abeles, ABC’s vice president of construction technology and innovation. “This fifth cohort plays a crucial role in delivering education to ABC members across the country through events hosted by our 67 … Read more
ABC: Construction Employment Falls for Third Straight Month in August
The construction industry lost 7,000 jobs in August, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has grown by 58,000 jobs, an increase of 0.7%. Nonresidential construction employment decreased by 1,200 positions on net, with losses in 2 of the 3 subcategories. Nonresidential building lost 3,300 jobs, while nonresidential specialty trade lost 200 positions. Heavy and civil engineering added 2,300 jobs for the month. The construction unemployment rate dropped to 3.2% in August. Unemployment across all industries increased from 4.2% in July to 4.3% … Read more
ABC: Construction Quit Rate Plummets to 9-Year Low
he construction industry had 306,000 job openings on the last day of July, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting. Industry job openings increased by 64,000 last month and are up by 77,000 from the same time last year. “The construction job opening rate rose to the highest level in over a year during July,” said ABC Chief Economist Anirban Basu. “Given the ongoing decline in nonresidential construction … Read more
ABC: Nonresidential Construction Spending Falls Sharply in July
National nonresidential construction spending decreased 0.2% in July, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.24 trillion. Spending was down on a monthly basis in 7 of the 16 nonresidential subcategories. Private nonresidential spending was down 0.5%, while public nonresidential construction spending was up 0.3% in July. “Nonresidential construction spending fell for a third consecutive month in July and is now down 2.5% from the December 2023 record high,” said ABC Chief Economist Anirban Basu. “Of course, that’s in nominal terms. With … Read more
Balfour Beatty Tops Out Marine Corps Recruit Depot San Deigo’s New Mess Hall
Balfour Beatty celebrates the topping out of the $84.2 million Marine Corps Recruit Depot San Diego Recruit Mess Hall in California. The milestone signifies significant progress towards the delivery of Naval Facilities Engineering Systems Command, Southwest’s newest building and largest mess hall in the Department of Defense, that supports MCRD San Diego’s ‘We Make Marines’ mission for the next six decades. To reach the milestone, Balfour Beatty and its trade partners installed all major underground utilities, completed a watershed basin and rerouted Guadalcanal Avenue. These operations included pouring 3,600 cubic yards of concrete, placing 373 tons of structural steel and … Read more




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