Thursday, December 1, 2022 11:08 AM
WASHINGTON, Dec. 1—National nonresidential construction spending was down by 0.3% in October, 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 $898.4 billion for the month.
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Wednesday, November 30, 2022 10:50 AM
WASHINGTON, Nov. 30—The construction industry had 371,000 job openings in October, 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 52,000 last month and are down 21,000 from the same time last year.
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Tuesday, November 29, 2022 7:23 PM
WASHINGTON, Nov. 29—Associated Builders and Contractors released the following statement responding to guidance released today by the U.S. Treasury Department and Internal Revenue Service regarding tax credits for private clean energy projects funded by the Inflation Reduction Act conditioned on compliance with prevailing wage and government-registered apprenticeship requirements.
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Thursday, November 17, 2022 9:55 AM
WASHINGTON, Nov. 17—Associated Builders and Contractors today announced the details of ABC Convention 2023, which will take place at the Gaylord Palms in Kissimmee, Florida, from March 15-17. ABC’s annual convention celebrates the best of the best in merit shop construction, honoring the member companies and individuals who lead the industry in representing the association’s core values.
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Wednesday, November 16, 2022 11:36 AM
WASHINGTON, Nov. 16—Associated Builders and Contractors today announced that Milton Graugnard, executive vice president, Cajun Industries LLC, Baton Rouge, Louisiana, was elected the 2023 ABC national chair at a board of directors meeting held in conjunction with the association’s annual Leadership Institute in Coronado, California.
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Tuesday, November 15, 2022 11:27 AM
WASHINGTON, Nov. 15—Construction input prices increased 0.3% in October 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 0.2% for the month.
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Tuesday, November 15, 2022 8:25 AM
WASHINGTON, Nov. 15—Associated Builders and Contractors reports today that its Construction Backlog Indicator declined to 8.8 months in October, according to an ABC member survey conducted Oct. 20 to Nov. 4. The reading is 0.7 months higher than in October 2021.
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Monday, November 7, 2022 8:05 AM
WASHINGTON, Nov. 7—Associated Builders and Contractors has submitted comments to the U.S. Department of Treasury and the Internal Revenue Service regarding implementation of tax credits for clean energy construction projects funded by the Inflation Reduction Act, contingent upon new controversial prevailing wage, apprenticeship and domestic content requirements.
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Friday, November 4, 2022 9:18 AM
WASHINGTON, Nov. 4—The construction industry added 1,000 jobs on net in October, 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 266,000 jobs, an increase of 3.6%.
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Thursday, November 3, 2022 9:55 AM
WASHINGTON, Nov. 3—The not seasonally adjusted national construction unemployment rate dropped 1.1% in September 2022 from a year ago, down from 4.5% to 3.4%, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. Forty-two states had lower unemployment rates over the same period, Arkansas and Wisconsin were unchanged and six states were higher. Almost half of the states had estimated construction unemployment rates at or below 3%.
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Tuesday, November 1, 2022 2:05 PM
WASHINGTON, Nov. 1—Today, Associated Builders and Contractors and ABC of Connecticut joined the U.S. Chamber of Commerce and several other organizations in filing a lawsuit in the U.S. District Court District of Connecticut challenging an unconstitutional labor law passed by the state of Connecticut.
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Tuesday, November 1, 2022 11:09 AM
WASHINGTON, Nov. 1—The construction industry had 422,000 job openings in September, 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 increased by 36,000 last month and are up 74,000 from a year ago.
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Tuesday, November 1, 2022 10:24 AM
WASHINGTON, Nov. 1—National nonresidential construction spending was up by 0.5% in September, 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 $883.9 billion for the month.
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Thursday, October 27, 2022 9:52 AM
WASHINGTON, Oct. 27—The U.S. economy expanded at a 2.6% annualized rate in the third quarter of 2022, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Economic Analysis. Investment in nonresidential structures decreased at an annual rate of 15.3% for the quarter and has now contracted in 10 of the past 12 quarters.
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Wednesday, October 19, 2022 9:00 AM
WASHINGTON, Oct. 19—Associated Builders and Contractors has submitted more than 40 pages of comments to the Federal Acquisition Regulatory Council calling on the Biden administration to withdraw a controversial proposed rule that would require anti-competitive and inflationary project labor agreements on federal construction contracts of $35 million or more.
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Monday, October 17, 2022 9:50 AM
WASHINGTON, Oct. 17—Associated Builders and Contractors today announced its strong support of the second annual Construction Inclusion Week, which kicks off today, and the need to champion and foster inclusion, diversity and equity throughout the construction industry.
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Wednesday, October 12, 2022 9:41 AM
WASHINGTON, Oct. 12—Construction input prices dipped 0.1% in September 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 fell 0.1% for the month.
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Tuesday, October 11, 2022 1:40 PM
WASHINGTON, Oct. 11—Associated Builders and Contractors today responded to the U.S. Department of Labor’s announcement of a proposed rule to rescind and replace a commonsense, ABC-supported final regulation on independent contractors.
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Tuesday, October 11, 2022 9:50 AM
WASHINGTON, Oct. 11—Associated Builders and Contractors reports today that its Construction Backlog Indicator increased to 9.0 months in September, according to an ABC member survey conducted Sept. 20 to Oct. 5. The reading is 1.4 months higher than in September 2021.
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Friday, October 7, 2022 9:32 AM
WASHINGTON, Oct. 7—The construction industry added 19,000 jobs on net in September, 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, or 3.9%.
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Tuesday, October 4, 2022 11:04 AM
WASHINGTON, Oct. 4—The construction industry had 407,000 job openings in August, 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 increased by 54,000 last month and are up by 45,000 from the same time last year.
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Monday, October 3, 2022 10:57 AM
WASHINGTON, Oct. 3—National nonresidential construction spending was down 0.4% in August, 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 $859.3 billion for the month.
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Wednesday, September 28, 2022 9:54 AM
WASHINGTON, Sept. 28—According to a September 2022 survey of ABC contractor members published today, 98% oppose President Biden’s proposed rule mandating project labor agreements on federal construction projects of $35 million or more. PLA schemes needlessly increase costs and exacerbate the construction industry’s skilled labor shortage because they exclude almost nine out of 10 workers from participating in these contracts.
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Monday, September 26, 2022 9:55 AM
WASHINGTON, Sept. 26—Associated Builders and Contractors today released its second annual construction technology report comprised of case studies that spotlight specific technologies and innovation best practices that ABC member contractors are utilizing to strengthen their value proposition. The report also features safety technology survey data from ABC contractors.
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Wednesday, September 14, 2022 8:19 PM
WASHINGTON, Sept. 14—Associated Builders and Contractors today released the following statement regarding the devastating effects of a looming rail strike on the already weak U.S. economy and supply chain.
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Wednesday, September 14, 2022 9:34 AM
WASHINGTON, Sept. 14—Construction input prices decreased 1.4% in August 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 fell 1.4% for the month as well.
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Tuesday, September 13, 2022 9:55 AM
WASHINGTON, Sept. 13—Associated Builders and Contractors reports today that its Construction Backlog Indicator remained unchanged at 8.7 months in August, according to an ABC member survey conducted Aug. 22 to Sept. 7. The reading is a full month higher than in August 2021.
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Tuesday, September 6, 2022 1:02 PM
WASHINGTON, Sept. 6—Associated Builders and Contractors today released the following statement on the National Labor Relations Board’s new joint employer proposed rule under the National Labor Relations Act.
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Friday, September 2, 2022 9:43 AM
WASHINGTON, Sept. 2—The construction industry added 16,000 jobs on net in August, 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 311,000 jobs or 4.2%.
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Thursday, September 1, 2022 10:39 AM
WASHINGTON, Sept. 1—National nonresidential construction spending increased 0.8% in July, 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 $847.6 billion for the month.
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Thursday, September 1, 2022 7:55 AM
WASHINGTON, Sept. 1—On the first day of Suicide Prevention Month 2022, Associated Builders and Contractors calls on the entire construction industry to strengthen total human health among its workers and decrease the number of deaths by suicide.
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Tuesday, August 30, 2022 10:47 AM
WASHINGTON, Aug. 30—The construction industry had 375,000 job openings in July, 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 increased by 22,000 last month and are up 38,000 from the same time last year.
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Friday, August 26, 2022 10:34 PM
WASHINGTON, Aug. 26—Associated Builders and Contractors today released the following statement from Ben Brubeck, ABC vice president of regulatory, labor and state affairs, on the 11th Circuit Court decision on vaccination mandates for federal contractors announced on Friday evening.
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Thursday, August 18, 2022 10:09 AM
WASHINGTON, Aug. 18—Associated Builders and Contractors today released the following statement in response to the publication of a proposed rule, Federal Acquisition Regulation: Use of Project Labor Agreements for Federal Construction Projects, implementing President Biden’s Executive Order 14063, which requires federal construction contracts of $35 million or more to be subjected to controversial project labor agreements.
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Monday, August 15, 2022 9:55 AM
WASHINGTON, Aug. 15—Associated Builders and Contractors today announced the members of its third annual Tech Alliance—a consortium of firms that create construction technology and innovative solutions for ABC contractor members, the majority of which primarily perform work in the industrial and commercial sectors.
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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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