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ABC economist predicts a ‘W’ shaped recovery for construction industry

ABC economist predicts a ‘W’ shaped recovery for construction industry

Anirban Basu has forecasted that a recession may still be on the horizon given a surge of coronavirus cases, lack of new stimuli from Congress and supply difficulties.

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Despite disparity and downturn, building business booms

Despite disparity and downturn, building business booms

The housing market in Nebraska and across the United States remains strong through the COVID-19 pandemic despite a corresponding recession causing income disparity.

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Events D.C. increases small business set-aside in new RFK demolition RFP

Events D.C. increases small business set-aside in new RFK demolition RFP

The beefed-up RFP now requires 50% participation from small businesses.

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Multifamily Construction Shifts to Lower Density Markets in 3Q20

Multifamily Construction Shifts to Lower Density Markets in 3Q20

Multifamily construction shifted into less dense markets during the third quarter of 2020, per the latest NAHB Homebuilding Geography Index (HBGI).

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New federal procurement opportunities upload

New federal procurement opportunities upload

Search this week’s upload which allows members to obtain information for federal demolition contracts via the NDA website. This member benefit provides NDA members with quick and easy access to government work in their area and is updated every other week.

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'Tough slog' for construction ahead, says Dodge economist

'Tough slog' for construction ahead, says Dodge economist

The Dodge Momentum Index was off 2.6% in November, while ABC said its Construction Backlog Indicator plunged by a half month during the same period.

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Expanding Construction Employment Masks Waning Economic Momentum

Expanding Construction Employment Masks Waning Economic Momentum

Residential construction employment continues to grow with strength as the single-family market expands and nonresidential construction activity typically holds up well early in an economic downturn, but many fundamentals are pointing south

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Nonresidential Construction Employment Expands in November, Says ABC

Nonresidential Construction Employment Expands in November, Says ABC

The construction industry added 27,000 net new jobs in November, according to an Associated Builders and Contractors analysis of data released today by the U.S.

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China’s government clears high-grade ferrous scrap imports

China’s government clears high-grade ferrous scrap imports

National administration reportedly approves earlier published standards for ferrous and stainless steel scrap imports.

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Nonresidential construction spending unchanged in October, says ABC

Nonresidential construction spending unchanged in October, says ABC

On a seasonally adjusted, annualized basis, spending totaled $792.4 billion for the month.

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