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Associated Builders and Contractors (ABC) Greater Tennessee Chapter News & Updates

From the category archives: Construction Economics

Governor Lee appoints ABC Greater Tennessee President/CEO to Economic Recovery Group to Reboot Tennessee Economy

Nashville, Tenn. -- Today, Governor Bill Lee established the Economic Recovery Group, a joint effort between state departments, members of the legislature and leaders from the private sector to build guidance to safely reboot Tennessee’s economy.

“COVID-19 has not only created a public health crisis, it has hurt thousands of businesses and hundreds of thousands of hardworking Tennesseans,” said Gov. Lee. “As we work to safely open Tennessee’s economy, this group will provide guidance to industries across the state on the best ways to get Tennesseans back to work.”

The group is led by Tennessee Department of Tourism Development Commissioner Mark Ezell.

“This public-private partnership will prioritize connection, collaboration, and communication across industries, the medical community and state government” said Ezell. “We’re grateful to these leaders for serving at a critical time in our state’s history.”

Read more...

February’s Construction Spending Decline Indicates What’s to Come, Says ABC

WASHINGTON, April 1—National nonresidential construction spending fell 1.8% in February, but is up 2.5% compared to the same time last year, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, spending totaled $795.1 billion for the month. Private nonresidential spending declined 2% on a monthly basis and is down 0.7% compared to February 2019.  Public nonresidential construction spending was down 1.5% for the month, but is up 7.2% on a year-over-year basis. “Data characterizing the economy prior to the coronavirus outbreak continues to trickle in,” said ABC Chief Economist Anirban Basu. “While nonresidential construction spending declined in February, according to today’s data release, the decline was modest and overall performance was not substantially different from prior months. “However, with communities in Massachusetts, Pennsylvania, California an ... Read the rest of entry »

Knox and Davidson County SAFER AT HOME ORDERS

To further combat the spread of COVID-19, the Metro County and Knox County Health Departments have issued a Safer at Home Order — directing all residents of Nashville and Davidson and Knox Counties to stay inside their homes, and immediately limit all movement outside of their homes beyond what is absolutely necessary to take care of essential needs.

Construction and facilities design businesses have been deemed essential at this time.For full details, follow the links below. 

Read More: Davidson County

Read More: Knox County

Nashville Business Journal: Delays loom at construction sites. For now, contractors are taking their temperatures

Mike Meagher, whose construction company is building two Midtown high-rises, has ordered a dozen laser thermometers to check the temperatures of work crews. And he's limiting how many people ride in a buckhoist, an elevator that can fit as many as 30 workers.

At the Fifth + Broadway project downtown, where 550 people work each day, Dennis Georgatos has nixed the routine "stretch and flex" group gatherings that mark the start of a shift and help orchestrate the day's activity.

Read more...

Construction Dive's 'mini megacities' to watch: Nashville, Tennessee

Commercial contractors know that government roadblocks and regulations can slow even the most booming construction market while business-friendly policies can stoke development.

The latter is definitely the case for Nashville, Tennessee, which boasts one of the strongest economies of any U.S. metropolitan area. These days, builders and businesses there not only enjoy unprecedented economic growth but also the support of elected officials from city council members to the governor's mansion, with Tennessee’s Republican Gov. Bill Lee, who ran a mechanical contracting business for 20 years before entering politics. A longtime member of Associated Builders and Contractors, Lee understands how the principals of a free enterprise approach supports local businesses and industry.​

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Nashville Morning News: Nashville's booming growth continues & that means career opportunities!

Hear ABC Greater Tennessee President, Clay Crownover on Nashville Morning News discuss the booming growth for Nashville and what that means for the construction trades. Link

ABC President Tennessean op-ed: Cones and cranes mean new jobs, healthy economy and opportunity

If you’ve spent any amount of time in downtown Nashville, chances are good that your path has crossed a busy construction site. While the noise, traffic and delays from these major jobs can be understandably frustrating, it’s important to remember what the cones and cranes that we see everyday symbolize—jobs, economic growth and a stronger Nashville.  This year, the greater Nashville area was ranked as the strongest metropolitan area economy in the U.S. in POLICOM’s annual community "economic strength" rankings. In a recent Engineering News-Record article, Tennessee State Data Center Director Tim Kuhn highlighted the recent population boom in Tennessee. “Nearly two-thirds of the state’s population increase is driven by residents moving from other states, including almost 40,000 people who moved to Tennessee from surrounding states in the past year,” said Kuhn. “Tennessee has a strong economy and a favorable climate. We ... Read the rest of entry »

ENR: Gearing up for continued growth

“Construction is still booming in Tennessee,” says Clay Crownover, president and CEO of ABC- Greater Tennessee chapter. But as with most other regions of the country, finding qualified construction professionals to fill the boots can be daunting.

Read more at ENR...

Construction Job Growth Steady in June, Says ABC

WASHINGTON, July 5 – The construction industry added 21,000 net new jobs in June, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, employment in the industry has expanded by 224,000 jobs, representing an increase of 3.1%. Nonresidential construction employment gained 14,900 net jobs in June and is up 146,700 jobs during the last 12 months.   All major segments of nonresidential construction added jobs in June, with the bulk of job growth in the nonresidential specialty trade contractor segment, which added 11,900 net new positions. The construction unemployment rate stood at 4% in June, down 0.7% from the same time last year, and unemployment across all industries was 3.7%, slightly higher than 3.6% in May. “Today’s employment numbers indicate the economy is not slowing nearly as quickly as data suggested earlier this year, which is promising news for contractors,&r ... Read the rest of entry »

ABC Greater Tennessee Craft Training Program graduates 54

Associated Builders and Contractors Greater Tennessee Craft Training program graduates 54 NASHVILLE, TENN., June 10, 2019 – The Associated Builders and Contractors of Tennessee (ABC-Greater Tennessee) is pleased to announce that its Craft Training Program has successfully graduated 54 students for the 2018-2019 school year. “Thursday was one of the most important events that we at ABC- Greater Tennessee hold each year,” said ABC- Greater Tennessee President/CEO Clay Crownover. “It’s important because it highlights the accomplishments of our school and our students and the extra effort they have made to furthering themselves and our industry.” ABC- Greater Tennessee is a leader in continuing education for the construction industry, as well as apprenticeship and craft training for merit shop contractors in the state. ABC- Greater Tennessee delivers programs that equip craft professionals with the knowledge and the skills they need to improve their productivity and sa ... Read the rest of entry »
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