National Construction Leader Stephanie Schmidt-Lehmann Joins ABC

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Stephanie Schmidt-Lehmann has been named executive vice president of industry relations and member value at Associated Builders and Contractors. In this role, Schmidt-Lehmann will bring leadership, vision and strategic thinking to ensure the association’s delivers on its value proposition for its 68 chapters, 22,000 member companies and the overall construction industry. Schmidt-Lehmann will develop programs and services that help ABC members win and deliver work safely, ethically and profitably while creating and deploying an effective business development strategy. She will lead ABC’s communications, events, strategic partners, member services and marketing teams, as well as its inclusion, diversity and merit initiatives. … Read more

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ABC: Monthly Construction Input Prices Fall Sharply in December

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Construction input prices decreased 0.6% in December compared to the previous month, according to an Associated Builders and Contractors’ analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data. Nonresidential construction input prices decreased 0.4% for the month. Overall construction input prices are 1.2% higher than a year ago, while nonresidential construction input prices are 1.6% higher. Prices decreased in two of the three energy subcategories last month. Crude petroleum input prices were down 13.2%, while unprocessed energy materials were down 9.1%. Natural gas prices rose 1.5% in December. “Construction input prices fell sharply in December,” said ABC Chief … Read more

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Construction Job Openings Rise to Highest Level Since 2022, Says ABC

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The construction industry had 459,000 job openings on the last day of November, 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 43,000 last month and are up by 111,000 from the same time last year. “The number of open, unfilled construction positions increased to the highest level since the end of 2022,” said ABC Chief Economist Anirban Basu. “November’s 5.4% job opening rate is … Read more

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From Military to Construction Site

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Veterans building pathways to field leadership roles By Greg Peele Annually, nearly 200,000 servicemen and women transition from active duty in the United States military. According to the Department of Defense, this results in approximately 550 new veterans re-entering civilian life each day, a figure anticipated to rise in the foreseeable future. For some veterans, the journey doesn’t end with their military service but continues on the construction site. The military and the construction industry share strong work ethics, a sense of community, good communication and a passion for teamwork. According to the Associated Builders and Contractors, more than 500,000 … Read more

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ABC: Nonresidential Construction Spending Increases

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National nonresidential construction spending increased 0.3% in September, according to an Associated Builders and Contractors analysis by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.1 trillion. Spending was down on a monthly basis in 9 of the 16 nonresidential subcategories. Private nonresidential spending increased 0.1%, while public nonresidential construction spending was up 0.5% in September.  

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