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ABC: Nonresidential Construction Spending Down 0.2% in December; Data Centers and Manufacturing Make Up 94% of Spending Increase in 2024

National nonresidential construction spending decreased 0.2% in December 2024, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.241 trillion. Spending was down on a monthly basis in 9 of the 16 nonresidential…
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ABC: Victory for Taxpayers and Construction Industry as Court Rules Biden’s Project Labor Agreement Policy Is Illegal

Associated Builders and Contractors today celebrated a decision from the U.S. Court of Federal Claims that rules in favor of ABC members that filed bid protests challenging former President Joe Biden’s controversial policy requiring anti-competitive, inflationary, union-favoring project labor agreements on federal construction projects of $35 million or more. Judge Ryan T.…
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