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and artificial intelligence (AI) workloads.
Anirban Basu , chief economist at Associated Builders and Contractors, noted that the rise in
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According to estimates from Associated Builders and Contractors, the construction industry needs to add an estimated 349,000 net new workers this year alone to meet demand, fueled in part by a skyrocketing need for electricians.
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"There is industrywide inflation, while also making it less likely that certain projects will move forward because it is now less likely that those projects are financially viable," said Anirban Basu, chief economist for the Associated Builders and Contractors trade group. "What
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...pending in the private nonresidential space continued to drop in April, marking a seven-month trend, according to Associated Builders and Contractors
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officer of the South Florida chapter of the industry trade group Associated Builders and Contractors .
“Rent growth may be slow to return
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gap just as demand is accelerating.
According to Associated Builders and Contractors, the construction industry alone needs approximately
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scale of the shortfall is not hypothetical. The Associated Builders and Contractors estimates the construction sector needed 349,000 net new
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industry added 17,000 jobs on net in May, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau
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259,000 job openings on the last day of April, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of
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in advanced manufacturing. According to estimates from Associated Builders and Contractors, the construction industry needs to add an
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and the Producer Price Index. Associated Builders and Contractors Associated Builders and Contractors is a national construction industry
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same period.
Anarban Basu, chief economist at the Associated Builders and Contractors, commented in a press release that contractors are
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budgeting has become increasingly difficult.
Anirban Basu, chief economist at Associated Builders and Contractors, stated in comments
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construction spending increased 0.1% in April, according to an Associated Builders and Contractors’ analysis of data published by the U.S.
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May. Recognizing that contractors "remain broadly optimistic," Associated Builders and Contractors' Chief Economist Anarban Basu said in a
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to fill open positions,” said Anirban Basu, chief economist at Associated Builders and Contractors. Fewer construction workers were laid off
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259,000 job openings on the last day of April, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of
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industry added 17,000 jobs on net in May, according to an Associated Builders and Contractors analysis of data released today by the U.S.
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259,000 job openings on the last day of April, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of
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’s skylines. According to a new study released by Associated Builders and Contractors of Alabama , the industry has become a major force
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s skylines. According to a new study released by Associated Builders and Contractors of Alabama, the industry has become a major force
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The Associated Builders and Contractors (ABC) of Alabama has released an updated economic impact study. The study reaffirms the commercial
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to a newly released economic impact study commissioned by Associated Builders and Contractors of Alabama.
ABC of Alabama represents merit-
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2026 than over the prior three years," says Associated Builders & Contractors chief economist Anirban Basu in a press release.
Much of the
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No 12-month implementation timeline.
The Associated Builders and Contractors estimates the construction industry alone needs 500,000
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45% of firms experienced delays due to worker shortages.
Associated Builders and Contractors estimates the industry needs 349,000 net new
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of the traditional office market, according to Anirban Basu, chief economist at Associated Builders and Contractors. "The fact that data
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analysis by Associated Builders and Contractors. Outside of that boom, momentum elsewhere “has been difficult to find,” said Anirban Basu,
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higher than one year ago, according to the most recent Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics
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to an updated economic impact study released Wednesday by the Associated Builders and Contractors of Alabama.
The study found the industry
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according to 2025 data and 2026 projections from the Associated Builders and Contractors. With only two new workers joining the trades,
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7% compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer
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increasingly struggling to fill open positions ,” Anirban Basu, chief economist for Associated Builders and Contractors, said in a release.
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increasingly struggling to fill open positions ,” Anirban Basu, chief economist for Associated Builders and Contractors, said in a release.
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job openings at the end of April, according to an analysis by Associated Builders and Contractors of data from the U.S. Bureau of Labor
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struggling to fill open positions,” Anirban Basu, chief economist with the Associated Builders and Contractors trade group, said in a
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number of openings in April 2025.
Anirban Basu, chief economist at Associated Builders and Contractors, noted that the increasing number of
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to Zack Fritz, an economist for the trade group Associated Builders and Contractors. "Higher input prices mean higher construction costs,
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projects rose by 0.1% in April, according to an Associated Builders and Contractors analysis of the latest U.S. Census Bureau data.
The ABC
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