The construction industry added 19,000 jobs on net in February, 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 174,000 jobs, an increase of 2.1%. Nonresidential construction employment increased by 6,200…
Read More
Associated Builders and Contractors today released the following statement regarding the reintroduction of the Protecting the Right to Organize Act, legislation that would violate workers’ free choice and privacy rights, force unions on employees who have voted against such representation, cost millions of American jobs and threaten vital supply chains. “Once…
Read More
National nonresidential construction spending increased 0.1% in January, 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 $1.248 trillion. Spending was up on a monthly basis in 12 of the 16 nonresidential subcategories.…
Read More
Construction is among the few industries where someone can become an apprentice, earn a paycheck while learning their craft and eventually become credentialed. There have been misleading assertions that individuals on foreign visas are to blame for union workers losing out on job opportunities. In a recently published opinion piece, it…
Read More
Associated Builders and Contractors today announced its sponsorship of Construction Safety Week 2025, which will take place May 5-9, as a call to action for the entire contracting community to commit to a safer industry. “Total human health and safety are core values in building safer cultures, jobsites and employees, and…
Read More
Associated Builders and Contractors celebrated a Feb. 12 policy shift by the U.S. General Services Administration that will restore merit-based competition for infrastructure contracts to build land port of entry projects procured by the GSA. “The GSA’s new policy eliminates former President Joe Biden’s controversial rule requiring anti-competitive, inflationary, union-favoring project labor agreements on federal construction…
Read More
Construction input prices increased 1.4% in January 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 0.9% for the month. Overall construction input prices are 1.3% higher than a…
Read More
Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 8.4 months in January, according to an ABC member survey conducted Jan. 21 to Feb. 3. The reading is unchanged from January 2024. View the full Construction Backlog Indicator and Construction Confidence Index data series. The monthly increase…
Read More
The national December 2024 not seasonally adjusted construction unemployment rate was 5.2%, up 0.8% from December 2023, 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 only six states had lower estimated construction unemployment rates over the same…
Read More
The construction industry added 4,000 jobs on net in January, 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 178,000 jobs, an increase of 2.2%. Nonresidential construction employment increased by 4,400…
Read More