News
ABC: Construction Job Openings Up By 54,000 in August
The construction industry had 407,000 construction job openings in August, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting. Industry…
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Nonresidential Construction Spending Down 0.4% in August
National nonresidential construction spending was down 0.4% in August, 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 $859.3 billion for the month. Spending was down on a monthly basis in 10 of…
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Survey: 97% of ABC Contractors Say Biden’s Government-Mandated PLA Policies Would Make Federal Construction More Expensive
According to a September 2022 survey of ABC contractor members published today, 98% oppose President Biden’s proposed rule mandating project labor agreements (PLAs) on federal construction projects of $35 million or more. PLA schemes needlessly increase costs and exacerbate the construction industry’s skilled labor shortage because they exclude almost nine…
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