Remove ABC Remove Contractors Remove Employment Remove Forecasting
article thumbnail

Construction Industry Needs to Hire 430,000+ Craft Professionals in 2021, Says ABC

Construction Superintendent Magazine

Bureau of Labor Statistics data released by Associated Builders and Contractors. ABC’s annual. The post Construction Industry Needs to Hire 430,000+ Craft Professionals in 2021, Says ABC appeared first on Construction Superintendent.

ABC 52
article thumbnail

Construction Workforce Shortage Tops Half a Million in 2023, Says ABC

Construction Superintendent Magazine

The construction industry will need to attract an estimated 546,000 additional workers on top of the normal pace of hiring in 2023 to meet the demand for labor, according to a proprietary model developed by Associated Builders and Contractors.

ABC 52
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

ABC predicts modest growth for 2017 nonresidential construction sector; warns of vulnerability for contractor

BD+C

Associated Builders and Contractors (ABC) forecasts a slowdown of growth in the U.S. While contractors are vulnerable to rising commodity prices and potential interest rate increases in 2017, the middling consumer-led recovery should still lead to modest growth in construction spending and employment.

ABC 40
article thumbnail

ABC Predicts Modest Growth for 2017 Nonresidential Construction Sector

Construction Superintendent Magazine

. – Associated Builders and Contractors forecasts a slowdown of growth in the U.S. While contractors are vulnerable to rising commodity prices and potential interest rate increases in 2017, the middling consumer-led recovery should still lead to modest growth in construction spending and employment.

ABC 40
article thumbnail

ABC’s 2020 Construction Economic Forecast: Momentum Persists, Despite Uncertainties

Construction Superintendent Magazine

Associated Builders and Contractors’ Chief Economist Anirban Basu forecasts continued momentum for the construction sector next year but advised an overall “wait-and-see” approach based on leading and lagging indicators and economic uncertainties. Indeed, one of the sources of strength for the U.S. economy over the last year has been.