News - Associated Builders and Contractors New Jersey Chapter

Nonresidential Construction Employment Increases By 13,000 in September, Says ABC

The construction industry added 19,000 jobs on net in September, 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, or 3.9%. Nonresidential construction employment increased by 13,100 positions on…

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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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ABC’s 2022 Tech Report Features Real-World Journeys in Construction Innovation

Associated Builders and Contractors today released its second annual construction tech report comprised of case studies that spotlight specific technologies and innovation best practices that ABC member contractors are utilizing to strengthen their value proposition. The report also features safety technology survey data from ABC contractors. “ABC’s 2022 Tech Report…

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Imminent Rail Strike Would Pulverize Fragile US Economy and Supply Chain

Associated Builders and Contractors today released the following statement regarding the devastating effects of a looming rail strike on the already weak U.S. economy and supply chain: “On Friday, America’s railroad infrastructure will grind to a halt unless cooler heads prevail or Congress takes immediate action to resolve a union…

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ABC’s Contractor Confidence Rebounds; Construction Backlog Indicator Flat in August

construction backlog indication aug 2022

Associated Builders and Contractors reports today that its Construction Backlog Indicator remained unchanged at 8.7 months in August, according to an ABC member survey conducted Aug. 22 to Sept. 7. The reading is a full month higher than in August 2021. View ABC’s Construction Backlog Indicator and Construction Confidence Index…

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Construction Employment Increases by 16,000 in August, Says ABC

The construction industry added 16,000 jobs on net in August, 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 311,000 jobs or 4.2%. Nonresidential construction employment rose by 4,300 positions on…

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ABC: Nonresidential Construction Spending Increases by a Modest 0.8% in July

National nonresidential construction spending increased 0.8% in July, 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 $847.6 billion for the month. Spending was up on a monthly basis in 13 of the…

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ABC: Suicide Prevention Is a National Priority for Construction

On the first day of Suicide Prevention Month 2022, Associated Builders and Contractors calls on the entire construction industry to strengthen total human health among its workers and decrease the number of deaths by suicide. In 2020, the Centers for Disease Control and Prevention reported that the construction industry had…