Andrew DeVito - ABC New Jersey

ABC: Construction Employment Falls for Third Straight Month in August

The construction industry lost 7,000 jobs 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 grown by 58,000 jobs, an increase of 0.7%. Nonresidential construction employment decreased by 1,200 positions on…

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ABC: Construction Quit Rate Plummets to 9-Year Low

The construction industry had 306,000 job openings on the last day of July, 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: Nonresidential Construction Spending Falls Sharply in July

National nonresidential construction spending decreased 0.2% 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 $1.24 trillion. Spending was down on a monthly basis in 7 of the 16 nonresidential subcategories.…

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ABC: Construction Backlog Indicator Rises, Contractor Optimism Slips in July

Associated Builders and Contractors reported today that its Construction Backlog Indicator rose to 8.8 months in July, according to an ABC member survey conducted July 24 to Aug. 4. The reading is up 0.4 months since July 2024. View the full Construction Backlog Indicator and Construction Confidence Index data series. Backlog…

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ABC: Construction Employment Growth Anemic in July

The construction industry added 2,000 jobs on net in July, 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 96,000 jobs, or 1.2%. Nonresidential construction employment increased by 6,400 positions on…

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ABC: Nonresidential Construction Spending Contracts in 6 of Past 7 Months

National nonresidential construction spending decreased 0.1% 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 $1.241 trillion. Spending was down on a monthly basis in 9 of the 16 nonresidential subcategories.…

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ABC: Every State Had June Construction Unemployment Rates Below 10%

The national June 2025 not seasonally adjusted construction unemployment rate was 3.4%, a 0.1% increase from June 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 18 states had lower estimated construction unemployment rates over the same…

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ABC: June Nonresidential Construction Materials Prices Up 2.5% Year-Over-Year, 43% Since February 2020

Construction input prices increased 0.2% 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 0.3% for the month. Overall construction input prices are 2.1% higher than a…

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Contractor to Congress: ABC Safety System Demonstrates Cultural Transformation in Construction

Kevin Sell, senior manager of corporate development at Kwest Group, Perrysburg, Ohio, today testified on behalf of Associated Builders and Contractors before the U.S. House Committee on Education and Workforce Subcommittee on Workforce Protections on the role that programs like ABC’s STEP® Health and Safety Management System play in creating meaningful pathways between the…

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ABC Economist Hosts Mid-Year Construction Outlook Webinar July 16

WHAT: Construction Executive’s 2025 Mid-Year Construction Economic Update and Forecast Webinar WHO: Anirban Basu, chief economist, Associated Builders and Contractors WHEN: Wednesday, July 16, 2-3:30 p.m. ET WHY: Basu will update commercial contractors on the latest impacts of global trade uncertainty, consumer confidence and government regulations by reviewing the first…