Report: Contractors invest $1.6 billion in workforce development annually

Associated Builders and Contractors members invested $1.6 billion to educate their employees in 2018, up from $1.1 billion in 2013.

The 45% increase in spending resulted in nearly twice as many course attendees—more than 980,000—receiving craft, leadership, and safety education training in commercial and industrial construction, according to an ABC report.