News - ABC New Jersey

ABC: Construction Materials Prices Tame in April Despite Rising Iron and Steel Costs

Construction input prices decreased 0.1% in April 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 0.2% for the month. Overall construction input prices are 0.1% higher than a…

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Despite Tariff Impacts, ABC Contractors’ Backlog and Profit Margin Expectations Improve in April

Associated Builders and Contractors reported today that its Construction Backlog Indicator rose to a 20-month high of 8.7 months in April, according to an ABC member survey conducted April 22 to May 6. The reading is up 0.3 months since April 2024. View the full Construction Backlog Indicator and Construction…

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ABC: Nonresidential Construction Added Jobs in April Despite Headwinds

The construction industry added 11,000 jobs in April, 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 grown by 143,000 jobs, an increase of 1.7%. Nonresidential construction employment increased by 8,000 positions on…

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ABC Welcomes DOL’s Pause in Enforcement of Biden’s 2024 Independent Contractor Rule

ABC applauds the U.S. Department of Labor’s May 1 announcement that it will pause enforcement of the 2024 Employee or Independent Contractor Classification Under the Fair Labor Standards Act final rule in current enforcement matters while the agency reviews this regulation. Instead, the department will rely on longstanding principles outlined in Fact Sheet #13 and further informed by the…

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ABC: Nonresidential Construction Spending Plunges in March

National nonresidential construction spending decreased 0.5% in March, 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 $1.25 trillion. Spending was down on a monthly basis in 11 of the 16 nonresidential subcategories.…

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ABC Construction Safety Report: Jobsites Can Be Nearly 7 Times Safer With Health and Safety Best Practices

Associated Builders and Contractors today released its 2025 Health and Safety Performance Report, an annual guide to construction jobsite health and safety best practices. As a proud sponsor, ABC published the report ahead of Construction Safety Week 2025, May 5-9, to support its industrywide call to action for safer jobsites and a stronger…

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ABC: All But 4 States Had Construction Unemployment Rates Below 10% in March

The national March 2025 not seasonally adjusted construction unemployment rate was 5.4%, unchanged from March 2024, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. The analysis found that 19 states had lower estimated construction unemployment rates over the same period, 25…

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ABC: Construction Job Openings Decreased by 38,000 in March

The construction industry had 248,000 job openings on the last day of March, 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…

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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…