Posted on Wednesday, September 27, 2017 12:06 PM By Donna Reichle
WASHINGTON, Sept. 27—Michael D. Bellaman, president and CEO of Associated Builders and Contractors (ABC), issued the following statement supporting the Unified Framework for Fixing Our Broken Tax Code released today by congressional and administration leaders:
“The tax framework released today marks a promising step forward for the first genuine reform of the tax code in a generation. Associated Builders and Contractors is encouraged by the proposal, and we strongly support the tax reform process moving forward.
Posted on Wednesday, September 27, 2017 8:44 AM By Donna Reichle
WASHINGTON, Sept. 27—The not seasonally adjusted (NSA) national construction unemployment rate was 4.7 percent in August, down 0.4 percent from a year ago and the lowest August rate on record, the U.S. Bureau of Labor Statistics (BLS) reported. Unemployment rates were also down in 35 states on a year-over-year basis, according to an analysis released today by Associated Builders and Contractors (ABC). Rates rose in nine states and were unchanged in six. Further, the construction industry employed 206,000 more workers than in August 2016.
Posted on Monday, September 25, 2017 6:00 PM By Donna Reichle
WASHINGTON, Sept. 25--Associated Builders and Contractors (ABC) today released the following statement from Kristen Swearingen, vice president of Legislative & Political Affairs, on the confirmation of William Emanuel to serve on the National Labor Relations Board (NLRB).
Posted on Wednesday, September 13, 2017 3:10 PM By Donna Reichle
WASHINGTON, September 13—Coalition to Save Local Businesses Executive Director Michael Layman released the below statement on today’s House Education and the Workforce joint subcommittee hearing on the Save Local Business Act (H.R. 3441).
Posted on Wednesday, September 13, 2017 11:11 AM By Donna Reichle
WASHINGTON, Sept. 13—Construction input prices rose 0.6 percent in August and are up 3.7 percent on a yearly basis, according to an analysis by Associated Builders and Contractors (ABC) of data released today by the Bureau of Labor Statistics. Nonresidential construction input prices behaved similarly, rising 0.6 percent for the month and 3.5 percent for the year.
Posted on Wednesday, September 6, 2017 8:30 AM By Donna Reichle
WASHINGTON, Sept. 6—The national not seasonally adjusted (NSA) construction unemployment rate was 4.9 percent in July, up 0.4 percent from a year ago, but still the third lowest July rate on record—matching the July 2001 rate, the U.S. Bureau of Labor Statistics (BLS) reported. Unemployment rates increased in 34 states on a year-over-year basis, but the construction industry employed 186,000 more workers than in July 2016, according to an analysis released today by Associated Builders and Contractors (ABC). Rates fell in 14 states and were unchanged in two.
Posted on Friday, September 1, 2017 12:18 PM By Donna Reichle
WASHINGTON, Sept. 1—Nonresidential construction spending fell 1.7 percent in July, totaling $688.4 billion on a seasonally adjusted, annualized basis, according to an analysis by Associated Builders and Contractors (ABC) of data released today by the U.S. Census Bureau. The absolute level of nonresidential construction spending was at its lowest point since December 2015.
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.