ABC Cancels Convention 2020

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Associated Builders and Contractors has cancelled the ABC Convention 2020, which was scheduled for Aug. 17-19 in Nashville, Tenn. The event, which includes the National Craft Championships, Construction Management Competition and National Excellence in Construction Awards, was previously postponed from March due to the coronavirus pandemic. “While it was disappointing to cancel the ABC Convention 2020, the health and safety of our members, staff and partners amid the COVID-19 outbreak is our utmost priority,” said Michael Bellaman, ABC’s president and CEO. “Due to the conditions of Nashville’s phased reopening schedule and the Centers for Disease Control and Prevention recommendations, we […]

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Construction Input Prices Rise in May, Says ABC

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Construction input prices rose 0.8% in May compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released recently. Nonresidential construction input prices rose by 0.8% for the month as well. Of the 11 subcategories, only three experienced monthly decreases, with the largest decrease in steel mill products, which fell 3.1% in May. The rise in prices was driven primarily by the three energy subcategories, which experienced significant increases over the previous month. Crude petroleum was up 41.6%, while natural gas and unprocessed energy materials were up […]

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ABC Initiates Safe and Healthy Construction Pledge

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Associated Builders and Contractors recently launched the Safe and Healthy Construction Pledge, an industry-wide call to action to redouble construction jobsite safety commitments under new protocols due to the coronavirus outbreak. Open to all U.S. contractors and industry associations, the pledge calls for prevention, preparedness and response plans to prevent injuries and disease and safeguard total human health. “The COVID-19 pandemic has underlined the critical need for leadership commitment to construction worker safety and health by every contractor in America,” said Greg Sizemore, ABC’s vice president of health, safety, environment and workforce development. “While ABC members are already evaluating and […]

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Safety Best Practices Can Make Construction Companies 827% Safer, says ABC Report

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Associated Builders and Contractors released its 2020 Safety Performance Report, an annual assessment that furthers the construction industry’s understanding of how to achieve world-class safety through its STEP Safety Management System. Published in conjunction with National Safety Month, the report documents the dramatic impact of using proactive safety practices to reduce recordable incidents by up to 88%, making the best-performing companies 827% safer than the U.S. Bureau of Labor Statistics industry average. “Based on real contractors doing real work, ABC’s annual Safety Performance Report outlines how safety best practices and performance measurement can drastically improve jobsite safety,” said Greg Sizemore, […]

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From All Systems Go to Deep Recession in 1 Month, Reports ABC

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Associated Builders and Contractors Chief Economist Anirban Basu warned the economic recovery following the COVID-19 outbreak would be quite different for the nonresidential construction industry compared to previous recessions, according to a recently published economic outlook. Normally, construction backlog, which stood at 8.2 months in February, according to ABC’s Construction Backlog Indicator, safeguards the nonresidential construction sector from the early stages of economic downturns, making it the last segment to enter a recession. However, given project shutdowns in parts of Pennsylvania, Massachusetts and California, as well as social distancing and other health requirements, that hasn’t proved true. “Projects are being […]

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