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New Jersey Chapter (ABC-NJ)
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May 16, 2023 in National, News

ABC Construction Backlog Indicator Rebounds in April

Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 8.9 months in April from 8.7 in March, according to an ABC member survey conducted April 20 to May 3. The reading is 0.1 months higher than in April 2022. View ABC’s Construction Backlog Indicator and Construction…
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May 5, 2023 in National, News

Construction Adds 15,000 Jobs in April

The construction industry added 15,000 jobs on net 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 expanded by 205,000 jobs, an increase of 2.7%. Nonresidential construction employment rose by 800 positions…
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May 3, 2023 in National, News

Government-Registered Apprenticeship System Alone Won’t Solve Construction Labor Shortage

It would take 12 years for federal and state government-registered apprenticeship programs to educate the more than half a million workers the construction industry needs to hire in 2023, according to an Associated Builders and Contractors analysis of recently released U.S. Department of Labor data. ABC estimates that the construction…
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