WASHINGTON (April 28, 2022) — The U.S. economy contracted at a 1.4% annualized rate during the first quarter of 2022. Investment in nonresidential structures declined at an annual rate of 0.9% during the quarter and has contracted nine of the past 10 quarters, according to an Associated Builders and Contractors (ABC) analysis of data released today by the U.S. Bureau of Economic Analysis.

WASHINGTON (April 27, 2022) — The not seasonally adjusted (NSA) national construction unemployment rate dropped 2.6% in March 2022 from a year ago, down from 8.6% to 6%, while 45 states had lower unemployment rates over the same period, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors (ABC).

WASHINGTON (April 26, 2022) — Associated Builders and Contractors (ABC) today applauded a letter sent to President Joe Biden by 16 Republican governors, led by Asa Hutchinson of Arkansas and Bill Lee of Tennessee, opposing the Biden administration’s policies promoting government-mandated project labor agreements (PLA) on taxpayer-funded construction projects.

PHOENIX, Ariz. (April 19, 2022) — The latest Crane Index and Quarterly Cost Report (QCR) was released by Rider Levett Bucknall (RLB), an independent global construction and property consultancy providing management and advice throughout the built environment. Together, the two documents provide an on-the-ground picture of construction activity in 14 key North American markets and data-driven insights into the industry.

MICHIGAN CITY, Ind. (April 26, 2022) — Sullair, a Hitachi Group Company, announced its long-term climate action strategy and goal to globally reach carbon neutrality. It will be achieved by undertaking capital expenditure projects to further facilitate CO2 reduction, transitioning to 100% renewable electricity through a voluntary green power program and implementing a voluntary carbon offset program.

PLEASANTON, Calif. (April 26, 2022) — Slate Technologies, an AI software platform for the construction industry, today announced that it has acquired Splash Modular, a North Carolina-based software designer for the Industrialized Construction & Design for Manufacturing and Assembly (DFMA) market. As a result of the acquisition, Splash will operate as part of Slate Technologies.