National nonresidential construction spending was down by 0.5% in June, 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 $829.4 billion for the month. Spending was down on a monthly basis in eight…
Associated Builders and Contractors today released the following statement regarding the Senate Democrats’ reckless tax and spending spree: “The Democrats’ deal to hike taxes in support of hundreds of billions more in government spending while we are already contending with record-high inflation would plunge the U.S. economy into a recession,”…
The U.S. economy contracted at a 0.9% annualized rate in the second quarter of 2022, according to an Associated Builders and Contractors analysis of data released today by the Bureau of Economic Analysis. Investment in nonresidential structures decreased at an annual rate of 11.7% for the quarter and has now…
ABC-NJ’s goal is to send every construction industry employee home in the same–or better–condition–than which they arrived – especially during a heat wave. As part of ABC‘s mission help members develop people, win work and deliver that work safely, ethically, profitably and for the betterment of the communities in which…
Construction input prices increased 1.9% in June 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 1.8% for the month. Construction input prices are up 20.1% from a year…
The construction industry added 13,000 jobs on net in June, 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 risen by 292,000 jobs, an increase of 4.0%. Nonresidential construction employment increased by 16,500…
WASHINGTON, July 1—National nonresidential construction spending was down by 0.6% in May, 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 $832.5 billion for the month. Spending was down on a monthly basis…
The Robert Risnychok Associated Builders & Contractors Past Presidents Memorial Scholarship will be presented in 2022 to the high school senior or college student who is a child or grandchild of an ABC-NJ Chapter member and has been judged the recipient by the Associated Builders and Contractors Association Scholarship Committee….
ABC-NJ is pleased to announce the 2022 Excellence in Construction Awards Competition. This competition is an opportunity to have your project(s) join other Merit Shop projects and be recognized by ABC-NJ as the “Best of the Best”. Winners and participants will be recognized at our Excellence in Construction Awards Dinner…
ABC-NJ and AACCNJ bring diversity to NJ workforce through training and jobs in registered apprenticeship program WASHINGTON—Samantha DeAlmeida, president of Associated Builders and Contractors New Jersey Chapter, and John E. Harmon, Sr., IOM, Founder, President, and CEO of the African American Chamber of Commerce of New Jersey{AACCNJ}. attended the national 2022 Inclusion, Diversity and Equity Summit, “Building Bridges: Inclusion,…
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