News
ABC New Jersey Cuts the Ribbon on Northern NJ Office
Associated Builders and Contractors New Jersey Chapter (ABC New Jersey) announced the official opening of its new Northern New Jersey office, located at 51 Gibraltar Drive in Morris Plains. The multifunctional space, which includes both office and classroom facilities, was unveiled during a celebratory event attended by members, local leaders,…
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ABC: Monthly Construction Economic Survey Shows Tariff Impacts Emerge
Associated Builders and Contractors reported today that its Construction Backlog Indicator rose to 8.5 months in March, according to an ABC member survey conducted March 20 to April 6. The reading is up 0.3 months since March 2024. View the full Construction Backlog Indicator and Construction Confidence Index data series. Backlog…
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ABC: Tariffs Drive Surge in March Construction Materials Prices
Construction input prices increased 0.5% in March, 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. Both overall and nonresidential construction input prices are 0.8% higher than one year ago.…
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