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Welcome to Associated Builders and Contractors –
New Jersey Chapter (ABC-NJ)
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May 23, 2024 in Government Affairs, National, News

ABC Returns to Court To Fight DOL’s New Unlawful Overtime Rule

Associated Builders and Contractors today announced the filing of a complaint in the U.S. District Court for the Eastern District of Texas, Sherman Division, challenging the U.S. Department of Labor’s controversial final rule, Defining and Delimiting the Exemptions for Executive, Administrative, Professional, Outside Sales, and Computer Employees, which will change overtime regulations under the Fair…
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May 14, 2024 in National, News

ABC’s Construction Backlog Indicator Up in April, Contractors Remain Confident

Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 8.4 months in April, according to an ABC member survey conducted April 22 to May 6. The reading is down 0.5 months from April 2023, but expanded 0.2 months from the prior month. View the full Construction…
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May 14, 2024 in National, News

ABC: Led by Energy, Construction Materials Prices Surge in April

Construction input prices increased 0.5% 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 increased 0.6% for the month. Overall construction input prices are 2.3% higher than a…
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