WASHINGTON (July 10, 2020)—Construction input prices rose 2.2% in June, according to an Associated Builders and Contractors analysis of United States Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices rose by 2.3% for the month.
HAMILTON, NEW JERSEY (July 8, 2020)—The Dodge Momentum Index dropped 6.6% in June to 121.5 from the revised May reading of 130.1.
WASHINGTON—Associated Builders and Contractors announced the cancellation of ABC Convention 2020, which was scheduled for August 17-19 in Nashville, Tennessee. 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.
Last week, the United States House of Representatives approved a climate-friendly $1.5 trillion infrastructure plan that would allocate billions of dollars to addressing ever-increasing issues with roads and bridges, transit systems, railways, harbors, ports and channels.