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Posted on Friday, September 1, 2017 10:45 AM By Donna Reichle
WASHINGTON, Sept. 1—National construction employment rebounded in August, adding 28,000 net new jobs on a seasonally adjusted basis, according to today’s release from the U.S. Bureau of Labor Statistics. It was the best month for job gains in construction since February, according to analysis by Associated Builders and Contractors (ABC).
Posted on Monday, August 28, 2017 10:57 AM By Donna Reichle
WASHINGTON, Aug. 28—Associated Builders and Contractors (ABC) today praised the Trump administration’s efforts to roll back burdensome regulations that drive up construction costs and hold back small business hiring and expansion.
Testifying at the 2017 National Regulatory Fairness Hearing at the U.S. Small Business Administration Office of the National Ombudsman on Aug. 28, ABC General Counsel Maury Baskin Esq. of Littler Mendelson P.C. urged action on the “persuader,” overtime and silica rules, the new “joint employer” standard, and other onerous rulemakings and policies.
Posted on Thursday, August 10, 2017 9:54 AM By Donna Reichle
WASHINGTON, Aug. 10—Construction input prices increased 0.3 percent in July and are up 3 percent on a year-over-year basis, according to an Associated Builders and Contractors (ABC) analysis of data released today by the Bureau of Labor Statistics. Nonresidential construction input prices were in line with overall industry dynamics, increasing 0.3 percent for the month and 2.7 percent for the year.
Posted on Friday, August 4, 2017 10:10 AM By Donna Reichle
WASHINGTON, Aug. 4—National construction employment growth remained tepid in July, with approximately 6,000 net new jobs added on a seasonally adjusted basis, according to an analysis by Associated Builders and Contractors (ABC) of data from the U.S. Bureau of Labor Statistics. The residential construction segment added 7,200 net new jobs in July, but employment in the nation’s nonresidential construction sector declined by 1,700 positions after 9,900 jobs were added on net in June.
Posted on Tuesday, August 1, 2017 12:16 PM By Donna Reichle
WASHINGTON, Aug. 1—Nonresidential construction spending fell by 2 percent on a monthly basis in June 2017, totaling $697 billion on a seasonally adjusted, annualized basis according to an analysis of U.S. Census Bureau data released today by Associated Builders and Contractors. June represents the first month during which spending has dipped below the $700 billion per year threshold since January 2016.
WASHINGTON, Aug. 1—Nonresidential construction spending fell by 2 percent on a monthly basis in June 2017, totaling $697 billion on a seasonally adjusted, annualized basis according to an analysis of U.S. Census Bureau data released today by Associated Builders and Contractors. June represents the first month during which spending has dipped below the $700 billion per year threshold since January 2016.
WASHINGTON, Aug. 1—Nonresidential construction spending fell by 2 percent on a monthly basis in June 2017, totaling $697 billion on a seasonally adjusted, annualized basis according to an analysis of U.S. Census Bureau data released today by Associated Builders and Contractors. June represents the first month during which spending has dipped below the $700 billion per year threshold since January 2016.
WASHINGTON, Aug. 1—Nonresidential construction spending fell by 2 percent on a monthly basis in June 2017, totaling $697 billion on a seasonally adjusted, annualized basis according to an analysis of U.S. Census Bureau data released today by Associated Builders and Contractors. June represents the first month during which spending has dipped below the $700 billion per year threshold since January 2016.
Posted on Friday, July 28, 2017 11:04 AM By Donna Reichle
WASHINGTON, July 28—Real gross domestic product (GDP) expanded by 2.6 percent on a seasonally adjusted annualized basis during the year’s second quarter, according to Associated Builders and Contractors’ analysis of data released today by the Bureau of Economic Analysis. Nonresidential fixed investment, a category of GDP embodying nonresidential construction activity, expanded at a 5.2 percent seasonally adjusted annual rate. This follows a 7.2 percent expansion during the first quarter.
Posted on Thursday, July 27, 2017 3:01 PM By Donna Reichle
WASHINGTON, Aug. 1—In June, the not seasonally adjusted (NSA) construction unemployment rate was 4.5 percent, down 0.1 percent from a year ago and the lowest June rate on record, according to data from the U.S. Bureau of Labor Statistics (BLS). According to an analysis released today by Associated Builders and Contractors (ABC), NSA construction unemployment rates were down in 31 states on a year-over-year basis, and the construction industry employed 204,000 more workers than in June 2016.
Posted on Thursday, July 13, 2017 11:34 AM By Donna Reichle
WASHINGTON, July 13--Construction input prices rose 0.2 percent in June, according to an analysis of Bureau of Labor Statistics data released today by Associated Builders and Contractors (ABC). This represents the sixth increase in construction input prices over the past seven months, but the overall rate of increase has been quite slow. On a year-over-year basis, construction input prices are up 2.6 percent.
Posted on Wednesday, July 12, 2017 11:57 AM By Donna Reichle
WASHINGTON, July 12 — Coalition to Save Local Businesses Executive Director Michael Layman released the below statement on today’s House Education and the Workforce full committee hearing exploring the impact of the NLRB’s expanded joint employer standard.
Posted on Monday, July 10, 2017 3:50 PM By Donna Reichle
Washington, July 10--National construction employment added 16,000 net new jobs on a seasonally adjusted basis in June, according to an analysis of data from the U.S. Bureau of Labor Statistics by Associated Builders and Contractors (ABC). Overall construction employment expanded 3.1 percent on a year-over-year basis, easily outpacing the year-over-year growth rate of 1.6 percent for all nonfarm industries.