Construction input prices increased 0.5% 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 0.6% for the month. Overall construction input prices are 2.3% higher than a…
Associated Builders and Contractors today issued the following statement supporting United for Infrastructure’s 12th annual Infrastructure Week, May 13-17. “The importance of quality, safe, dependable infrastructure cannot be understated, and we must build public works projects to deliver the most value for the taxpayer and our communities,” said Ben Brubeck, ABC…
Construction Executive, Associated Builders and Contractors’ award-winning magazine, today announced the details of its annual photo contest. Open to all photographers—individuals and firms, amateurs and professionals alike—the contest seeks the most captivating construction snapshots: dynamic, well-composed and visually appealing images that showcase the essence of U.S. construction projects and teams. The…
Associated Builders and Contractors today issued the following statement criticizing President Joe Biden’s veto of H.J. Res 98, the Joint Employer Congressional Review Act resolution of disapproval, which would have nullified the ABC-opposed rule issued by the National Labor Relations Board in 2023 and prevented promulgation of a similar rule in the future….
The construction industry added 9,000 jobs on net 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 increased by 258,000 jobs, an increase of 3.2%. Nonresidential construction employment increased by 7,800…
The March 2024 not seasonally adjusted national construction unemployment rate was 5.4%, down 0.2% from the previous year, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. The analysis also found that 29 states had lower unemployment rates over the same period,…
National nonresidential construction spending increased 0.2% 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 $1.19 trillion. Spending was up on a monthly basis in 10 of the 16 nonresidential subcategories….
Associated Builders and Contractors Vice President of Regulatory, Labor and State Affairs Ben Brubeck today issued the following statement on the National Environmental Policy Act final rule: “These unnecessarily onerous new NEPA regulations will make it more difficult to build important projects and are a major step backward for critical infrastructure, the…
Associated Builders and Contractors today announced the findings from its 2024 Safety Performance Report, an annual guide to construction jobsite health and safety best practices. The report is unveiled to coincide with Construction Safety Week, May 6-10. The annual safety report also provides a comprehensive understanding of the impact of deploying ABC’s STEP Safety Management…
Associated Builders and Contractors today issued the following statement opposing the Federal Trade Commission’s final rule to ban noncompete clauses. The FTC voted 3-2 to issue the final rule today. “The final rule to ban all noncompete agreements nationwide—except existing noncompetes for senior executives—is a radical departure from hundreds of years of legal precedent,” said…