Friday, August 12, 2022 10:07 AM
WASHINGTON, Aug. 12—Associated Builders and Contractors released the following statement after the U.S. House of Representatives passed Senate Democrats’ $740 billion tax-and-spend bill.
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Thursday, August 11, 2022 9:21 AM
WASHINGTON, Aug. 11—Construction input prices decreased 1.8% in July compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices decreased 1.8% for the month as well.
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Tuesday, August 9, 2022 9:55 AM
WASHINGTON, August 9—Associated Builders and Contractors reported today that its Construction Backlog Indicator fell 0.2 months in July and stands at 8.7 months, according to an ABC member survey conducted July 20 to Aug. 3. The reading is up 0.2 months from July 2021.
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Saturday, August 6, 2022 6:37 PM
WASHINGTON, Aug. 6—Associated Builders and Contractors today released the following statement on Senate Democrats’ “Inflation Reduction Act,” a $740 billion tax-and-spending spree scheduled to pass in a partisan political process at a time when our economy is pointed toward recession.
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Friday, August 5, 2022 9:17 AM
WASHINGTON, Aug. 5—The construction industry added 32,000 jobs on net in July, 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, industry employment has increased by 311,000 jobs, or 4.2%.
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Thursday, August 4, 2022 7:55 AM
WASHINGTON, Aug. 4—Associated Builders and Contractors Vice President of Legislative & Political Affairs Kristen Swearingen issued the following statement regarding today’s vote on a Congressional Review Act resolution introduced by Sen. Dan Sullivan, R-Alaska, to overturn the Biden administration’s National Environmental Policy Act rule:
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Wednesday, August 3, 2022 9:55 AM
WASHINGTON, Aug. 3—The not seasonally adjusted national construction unemployment rate plunged 3.8% in June 2022 from June 2021, down from 7.5% to 3.7%. Meanwhile, all 50 states had lower unemployment rates over the same period, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. Ten states had an estimated construction unemployment rate under 2%; the highest unemployment rate was 6.5% in New Mexico.
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Tuesday, August 2, 2022 11:37 AM
WASHINGTON, Aug. 2—The construction industry had 334,000 job openings in June, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting. Industry job openings decreased by 71,000 last month but are up 13,000 from the same time last year.
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Monday, August 1, 2022 10:42 AM
WASHINGTON, Aug. 1—National nonresidential construction spending was down by 0.5% in June, 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 $829.4 billion for the month.
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Thursday, July 28, 2022 1:23 PM
WASHINGTON, July 28—Associated Builders and Contractors today released the following statement regarding the Senate Democrats’ reckless tax and spending spree.
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Thursday, July 28, 2022 9:17 AM
WASHINGTON, July 28—The U.S. economy contracted at a 0.9% annualized rate in the second quarter of 2022, according to an Associated Builders and Contractors analysis of data released today by the Bureau of Economic Analysis.
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Thursday, July 14, 2022 9:32 AM
WASHINGTON, July 14—Construction input prices increased 1.9% in June compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices increased 1.8% for the month.
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Wednesday, July 13, 2022 10:00 AM
WASHINGTON, July 13—Associated Builders and Contractors today urged Congressional Democrats not to raise taxes on small, individual and family-owned businesses as part of any effort to enact a partisan reconciliation bill.
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Tuesday, July 12, 2022 9:55 AM
WASHINGTON, July 12— Associated Builders and Contractors reports today that its Construction Backlog Indicator fell 0.1 months in June and stands at 8.9 months, according to an ABC member survey conducted June 21 to July 5. The reading is up 0.4 months from June 2021.
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Friday, July 8, 2022 9:38 AM
WASHINGTON, July 8—The construction industry added 13,000 jobs on net 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, industry employment has risen by 292,000 jobs, an increase of 4.0%.
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Wednesday, July 6, 2022 11:36 AM
WASHINGTON, July 6—The construction industry registered 434,000 job openings in May, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. The JOLTS survey defines a job opening as any unfilled position for which an employer is actively recruiting. Industry job openings decreased by 6,000 in May but are up 126,000 from the same month last year.
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Friday, July 1, 2022 10:23 AM
WASHINGTON, July 1—National nonresidential construction spending was down by 0.6% in May, 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 $832.5 billion for the month.
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Thursday, June 30, 2022 9:55 AM
WASHINGTON, June 30—It would take 14 years for federal and state government-registered apprenticeship programs to educate the 650,000 workers the construction industry needs to hire just in 2022, according to an Associated Builders and Contractors analysis of U.S. Department of Labor data from 2021. DOL data indicate that the construction industry’s federal government-registered apprenticeship system produced just 24,822 completers of its four-to-five-year apprenticeship programs, and in addition, construction industry apprenticeship programs registered with state governments produced an estimated 15,000 to 20,000 completers in FY 2021.
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Friday, June 17, 2022 11:57 AM
WASHINGTON, June 17—Associated Builders and Contractors, in reaction to the Biden administration’s announcement today of its Talent Pipeline Challenge initiative, released the following statement highlighting how exclusionary and anti-competitive measures promoted by the Biden administration will exacerbate the skilled labor shortage.
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Tuesday, June 14, 2022 9:55 AM
WASHINGTON, June 14—Associated Builders and Contractors reports today that its Construction Backlog Indicator increased to nine months in May from 8.8 months in April, according to an ABC member survey conducted May 17 to June 3. The reading is up one month from May 2021.
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Tuesday, June 14, 2022 9:29 AM
WASHINGTON, June 14—Construction input prices rose 2.3% in May compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index data released today. Nonresidential construction input prices also increased 2.3% for the month.
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Friday, June 3, 2022 9:21 AM
WASHINGTON, June 3—The construction industry added 36,000 jobs on net in May, 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, industry employment has expanded by 283,000 jobs, an increase of 3.8%.
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Wednesday, June 1, 2022 11:34 AM
WASHINGTON, June 1—The construction industry registered 449,000 job openings in April, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Opening and Labor Turnover Survey. The JOLTS survey defines a job opening as any unfilled position for which an employer is actively recruiting. Industry job openings increased by 23,000 last month and are up 120,000 from the same time last year.
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Wednesday, June 1, 2022 11:23 AM
WASHINGTON, June 1—National nonresidential construction spending was down 0.4% in April, 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 $844.4 billion for the month. Despite the monthly setback, nonresidential construction spending is up 6.6% from a year ago.
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Wednesday, May 18, 2022 7:55 AM
WASHINGTON, May 18—In a comment letter filed on May 17, Associated Builders and Contractors urged President Biden’s U.S. Department of Labor to withdraw an inflationary and flawed proposed rule revising Davis-Bacon Act and Related Acts regulations that apply to federal and federally assisted construction projects funded by taxpayers.
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Monday, May 16, 2022 10:55 AM
WASHINGTON, May 16—The flawed method used by the federal government to calculate “prevailing wages” under the 91-year-old Davis-Bacon Act adds at least 7.2% to the cost of federal and federally assisted construction projects and inflates wages by 20.2% compared to local market averages, according to a new report from the Beacon Hill Institute. Associated Builders and Contractors has called on the U.S. Department of Labor to modernize its wage determination process for decades, but a proposed rule the agency released on March 18 actually makes this archaic and unscientific process even more inaccurate, inflationary and biased.
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Thursday, May 12, 2022 10:04 AM
WASHINGTON, May 12—Construction input prices increased 0.8% in April compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices rose 0.9% for the month.
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Tuesday, May 10, 2022 9:55 AM
WASHINGTON, May 10—Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 8.8 months in April, according to an ABC member survey conducted from April 20 to May 4. The reading is up 0.9 months from April 2021.
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Friday, May 6, 2022 9:15 AM
WASHINGTON, May 6—The construction industry added 2,000 jobs on net in April, but nonresidential construction employment decreased by 2,000 positions, 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, industry employment has expanded by 235,000 jobs, an increase of 3.2%.
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Wednesday, May 4, 2022 9:55 AM
WASHINGTON, May 4—Associated Builders and Contractors member contractors invested $1.6 billion to provide more than 1.3 million course attendees with craft, leadership and safety education in 2021, according to its 2022 Workforce Development Survey, up from $1.3 billion in 2020. The annual assessment quantifies the scope of ABC members’ workforce development initiatives to advance their employees’ careers in commercial and industrial construction to build the places where Americans live, work, learn, heal and play.
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Tuesday, May 3, 2022 11:31 AM
WASHINGTON, May 3—The construction industry had 396,000 job openings in March 2022, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Industry job openings increased by 13,000 in March and are up 60,000 from the same time last year.
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Monday, May 2, 2022 11:03 AM
WASHINGTON, May 2—National nonresidential construction spending was down 0.8% in March, 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 $839.2 billion for the month.
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Friday, April 29, 2022 9:55 AM
WASHINGTON, April 29—Associated Builders and Contractors today unveiled its 2022 Safety Performance Report, an annual, comprehensive study of the impact of the STEP Safety Management System and guide to safety best practices on construction jobsites. STEP is a proven system, more than 30 years old, that enables top-performing members to achieve incident rates 645% safer than the U.S. Bureau of Labor Statistics construction industry average. The annual study is published to coincide with Construction Safety Week, May 2-6.
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Thursday, April 28, 2022 10:11 AM
WASHINGTON, April 28—The U.S. economy contracted at a 1.4% annualized rate during the first quarter of 2022. Investment in nonresidential structures declined at an annual rate of 0.9% during the quarter and has contracted nine of the past 10 quarters, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Economic Analysis.
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Wednesday, April 27, 2022 9:55 AM
WASHINGTON, April 27—The not seasonally adjusted national construction unemployment rate dropped 2.6% in March 2022 from a year ago, down from 8.6% to 6%, while 45 states had lower unemployment rates over the same period, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. This considerable improvement occurred as cases of the omicron variant fell and many states began lifting some or all of their COVID-19 restrictions.
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Tuesday, April 26, 2022 1:40 PM
WASHINGTON, April 26—Associated Builders and Contractors today applauded a letter sent to President Joe Biden by 16 Republican governors, led by Asa Hutchinson of Arkansas and Bill Lee of Tennessee, opposing the Biden administration’s policies promoting government-mandated project labor agreements on taxpayer-funded construction projects.
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Tuesday, April 19, 2022 8:54 AM
WASHINGTON, April 19—Associated Builders and Contractors Vice President of Regulatory, Labor and State Affairs Ben Brubeck today issued the following statement on the final National Environmental Policy Act rule.
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Wednesday, April 13, 2022 9:38 AM
WASHINGTON, April 13—Construction input prices rose 2.9% in March, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices expanded 2.8% for the month.
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Tuesday, April 12, 2022 9:50 AM
WASHINGTON, April 12—Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 8.3 months in March, according to an ABC member survey conducted Mar. 22 to April 5. The reading is up 0.5 months from March 2021.
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Wednesday, April 6, 2022 12:07 PM
WASHINGTON, April 6—Today, Associated Builders and Contractors sent the White House a letter with more than 1,200 signatures from member companies and chapters representing the construction industry strongly opposing President Biden’s executive order mandating project labor agreements on federal public works projects exceeding $35 million.
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Friday, April 1, 2022 10:53 AM
WASHINGTON, April 1—National nonresidential construction spending was down 0.1% in February, 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 $844.5 billion for the month.
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Friday, April 1, 2022 9:42 AM
WASHINGTON, April 1—The construction industry added 19,000 jobs on net in March, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. After 23 months of recovery, construction employment has at last exceeded pre-pandemic levels. On a year-over-year basis, industry employment has expanded by 220,000 jobs, an increase of 3.0%.
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Wednesday, March 30, 2022 10:22 AM
WASHINGTON, March 30—Associated Builders and Contractors and the American Foundation for Suicide Prevention today announced a collaborative partnership to address mental health and suicide prevention throughout the U.S. construction industry.
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Friday, March 18, 2022 9:55 AM
SAN ANTONIO, March 18—Associated Builders and Contractors today announced the winners of the 2022 National Craft Championships at its Careers in Construction Awards ceremony during ABC Convention 2022 in San Antonio. The 33rd annual competition showcases the skills and expertise of more than 200 of the nation’s top-performing craft professionals.
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Friday, March 18, 2022 9:55 AM
SAN ANTONIO, March 18—Associated Builders and Contractors today announced the winners of the 2022 National Craft Championships and the ABC Construction Management Competition. The winners were honored on the last day of ABC Convention 2022 in San Antonio on March 17.
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Friday, March 18, 2022 9:55 AM
SAN ANTONIO, March 18—Associated Builders and Contractors today announced the winners of its annual Construction Management Competition at ABC Convention 2022 in San Antonio, March 15-17. Fourteen teams of undergraduate students from colleges and universities nationwide competed this year, and Colorado State University was named the overall winner of the 2022 competition, with the highest cumulative points in the five competition categories.
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Thursday, March 17, 2022 9:55 AM
SAN ANTONIO, March 17—Associated Builders and Contractors today announced the winners of the Excellence in Construction® Awards—96 projects worth a total of $3.8 billion—during ABC Convention 2022 in San Antonio. The EIC awards are the construction industry’s leading national competition that honors general and specialty contractors for world-class, safe and innovative construction projects from across the nation.
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Thursday, March 17, 2022 9:55 AM
SAN ANTONIO, March 17—Associated Builders and Contractors has named the winners of the 2021 National Inclusion, Diversity and Equity Excellence Awards, an annual recognition of ABC members that display exemplary IDE leadership in their company, workforce, supply chain and community with best-in-class recruitment policies, retention practices and training and mentoring programs. The winners were honored at the 32nd annual Excellence in Construction® Awards at ABC Convention 2022 in San Antonio on March 16.
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Thursday, March 17, 2022 9:55 AM
SAN ANTONIO, March 17—Associated Builders and Contractors today named United Group Services, headquartered in West Chester, Ohio, its 2022 Contractor of the Year. This award recognizes contractor companies for corporate integrity and commitment to safety, professional development and expert craftsmanship. The award was presented at the 32nd annual Excellence in Construction® Awards gala on March 16 during ABC Convention 2022 in San Antonio.
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Thursday, March 17, 2022 9:55 AM
SAN ANTONIO, March 17—Associated Builders and Contractors today announced the award winners in Excellence in Construction,® Safety Excellence and Inclusion, Diversity and Equity Excellence and Contractor of the Year. The winners were announced March 16 at ABC Convention 2022 during the 32nd annual Excellence in Construction Awards Gala.
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