News - ABC New Jersey

Construction Job Openings Remain Elevated in December

The construction industry had 449,000 job openings on the last day of December, 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…

Jillian Stengel In Uncategorized

A Record 89.3% of the U.S. Construction Industry Is Not Part of a Union

According to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ 2023 Union Members Summary released today, a historic low of 10.7% of the construction industry belongs to a union, a decline from 11.7% in 2022. BLS reports that 7.9 million construction workers were not members of a…

Jillian Stengel In National, News

ABC’s Construction Backlog Indicator Inches Higher in December, Contractor Confidence Improves

Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 8.6 months in December from 8.5 months in November, according to an ABC member survey conducted Dec. 20 to Jan. 4. The reading is down 0.6 months from December 2022. View ABC’s Construction Backlog Indicator and Construction Confidence Index tables for…

Jillian Stengel In Government Affairs, News

Gov. Murphy Delivers His 7th State of the State Address

On Tuesday, Governor Murphy gave his seventh State of the State address before a joint session of the State Legislature. The Governor touched on familiar topics including affordability, economic growth, healthcare, affordable housing, organized labor, infrastructure, law enforcement and gun violence. In a departure from his last State of the…

Jillian Stengel In National, News

Final Independent Contractor Rule Will Create More Confusion and Litigation Chaos

Associated Builders and Contractors today released a statement from Vice President of Regulatory, Labor and State Affairs Ben Brubeck opposing the U.S. Department of Labor’s independent contractor final rule under the Fair Labor Standards Act. “By undermining the flexible, independent work for millions of Americans, President Joe Biden’s DOL is…

Jillian Stengel In National, News

Construction Job Openings in November Rise to Highest Level Since 2022

The construction industry had 459,000 job openings on the last day of November, 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…

Jillian Stengel In National, News

Nonresidential Construction Spending Dips 0.1% in November

National nonresidential construction spending decreased 0.1% in November, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau on Jan. 2. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.143 trillion. Spending was down on a monthly basis in 11 of the 16…

Jillian Stengel In National, News

Construction Materials Prices Dip 0.3% in November

Construction input prices decreased 0.3% in November compared to the previous month, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices decreased 0.3% for the month as well. Inputs to construction are still nearly…

Jillian Stengel In National, News

Construction Adds 2,000 Jobs in November, up 200,000 Year Over Year

The construction industry added 2,000 jobs on net in November, 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 increased by 200,000 jobs, an increase of 2.6%. Nonresidential construction employment increased by 1,400…

Jillian Stengel In National, News

Georgia Is the No. 1 State for Construction

For the first time, Georgia was named the top state for construction in Associated Builders and Contractors’ annual Merit Shop Scorecard. The scorecard, released yearly since 2015, ranks all 50 states and the District of Columbia based on policies and programs that strengthen career pathways in construction, encourage workforce development…