News
ABC: Nonresidential Construction Added Jobs in April Despite Headwinds
The construction industry added 11,000 jobs in April, 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 grown by 143,000 jobs, an increase of 1.7%. Nonresidential construction employment increased by 8,000 positions on…
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ABC Welcomes DOL’s Pause in Enforcement of Biden’s 2024 Independent Contractor Rule
ABC applauds the U.S. Department of Labor’s May 1 announcement that it will pause enforcement of the 2024 Employee or Independent Contractor Classification Under the Fair Labor Standards Act final rule in current enforcement matters while the agency reviews this regulation. Instead, the department will rely on longstanding principles outlined in Fact Sheet #13 and further informed by the…
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ABC: Nonresidential Construction Spending Plunges in March
National nonresidential construction spending decreased 0.5% 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 $1.25 trillion. Spending was down on a monthly basis in 11 of the 16 nonresidential subcategories.…
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