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ABC Extends Strategic Partnership With Fringe Benefit Group To Support Government Contractors

Associated Builders and Contractors today announced the renewal of its 12-year strategic partnership with Fringe Benefit Group, a leading provider of benefit solutions for government contractors, staffing companies, restaurants and retail outlets. The new three-year agreement reinforces ABC and FBG’s shared commitment to supporting contractors working in the prevailing wage space and…

Andrew DeVito In National, News

ABC: Construction Job Openings Decreased by 3,000 in April, Down 45% Since December 2023

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

Andrew DeVito In National, News

ABC: Nonresidential Construction Spending Dips 0.1% in April

National nonresidential construction spending decreased 0.1% in April, 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 down on a monthly basis in 6 of the 16 nonresidential subcategories.…

Andrew DeVito In National, News

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…

Andrew DeVito In National, News

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…

Andrew DeVito In National, News

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…

Andrew DeVito In National, News

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.…

Andrew DeVito In National, News

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…

Andrew DeVito In National, News

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…

Andrew DeVito In National, News

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…