National - ABC New Jersey

Final Davis-Bacon Rule Undermines Taxpayer Investments in Infrastructure

Associated Builders and Contractors issued the following statement in response to the U.S. Department of Labor today issuing a final rule, Updating the Davis-Bacon and Related Acts Regulations, which will make drastic revisions to the Davis-Bacon Act and Related Acts regulations that apply to federal and federally assisted construction projects…

Jillian Stengel In National, News

Nonresidential Construction Employment Increases in July

The construction industry added 19,000 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 expanded by 198,000 jobs, an increase of 2.5%. Nonresidential construction employment increased by 10,600…

Jillian Stengel In National, News

State Construction Unemployment Rates Range From 0.4% to 7.5%

The not seasonally adjusted national construction unemployment rate was 0.1% lower in June 2023 from a year ago, down from 3.7% to 3.6%. According to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors, 15 states had lower unemployment rates over the same…

Jillian Stengel In National, News

Nonresidential Construction Spending Increases Slightly in June

National nonresidential construction spending increased 0.1% in June, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. Spending is up 18% over the past 12 months. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.07 trillion in June. Spending increased on…

Jillian Stengel In National, News

Construction Job Openings Decreased by 5,000 in June

The construction industry had 374,000 job openings on the last day of June, 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

ABC Opposes OSHA’s Improve Tracking of Workplace Injuries and Illnesses Final Rule

ABC announced its opposition to the U.S. Department of Labor’s Occupational Safety and Health Administration’s Improve Tracking of Workplace Injuries and Illnesses final rule, issued today, which will undo the ABC-supported provisions of the 2019 final rule promulgated under the Trump administration and reprise the 2016 Obama-era rule. “Unfortunately, the…

Jillian Stengel In Government Affairs, National, News

ABC Applauds House Committee’s Passage of the Fair and Open Competition Act

Associated Builders and Contractors today applauded the U.S. House of Representatives Committee on Oversight and Accountability’s passage of the Fair and Open Competition Act, H.R. 1209. FOCA would protect federal and federally assisted construction contracts from anti-competitive and inflationary government-mandated project labor agreements and allow merit shop contractors and their skilled employees to…

Jillian Stengel In National, News

Monthly Construction Input Prices Unchanged in June, Inflation Slows

Construction input prices remained unchanged 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 were also unchanged for the month. Overall construction input prices are 4.9% lower than…

Jillian Stengel In AETF, Member News, National, News

ABC: Workforce Development Study Shows Members Invested $1.5 Billion in Construction Workforce Education

Associated Builders and Contractors member contractors invested more than $1.5 billion to provide nearly 1.3 million course attendees with craft, leadership and safety education in 2022, according to its 2023 Workforce Development Survey, down from $1.6 billion in 2021. The annual assessment quantifies the scope of ABC members’ workforce development…

Jillian Stengel In National, News

Construction Job Openings Increased by 19,000 in May to 366,000

The construction industry had 366,000 job openings on the last day of May, 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…