Construction input prices increased 0.4% in March compared to the previous month, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices also increased 0.4% for the month. Both overall and nonresidential construction input prices…
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The construction industry added 39,000 jobs on net in March, 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 270,000 jobs, an increase of 3.4%. Nonresidential construction employment increased by 24,600…
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The construction industry had 441,000 job openings on the last day of February, 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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National nonresidential construction spending declined 1.0% in February, 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 $1.179 trillion. Spending was down in a monthly basis in 15 of the 16 nonresidential subcategories.…
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Associated Builders and Contractors today issued the following statement opposing the Occupational Safety and Health Administration’s Worker Walkaround Representative Designation Process final rule, which allows employees to choose a third-party representative, such as an outside union representative or community organizer, to accompany an OSHA safety inspector into nonunion workplaces during site inspections. “Now,…
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Associated Builders and Contractors and its Florida First Coast chapter filed suit today in federal court to stop the Biden administration’s unlawful scheme to mandate project labor agreements on construction contracts procured by federal agencies. ABC’s complaint asserts that President Joe Biden lacks the legal and constitutional authority to impose a new…
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Associated Builders and Contractors submitted comments on March 18 on the U.S. Department of Labor’s controversial proposed rule overhauling regulations related to government-registered apprenticeship programs, or GRAPs. In more than 40 pages of comments, ABC urged the DOL to withdraw the illegal and misguided provisions of the proposal that will unnecessarily increase costs and…
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Associated Builders and Contractors today announced the winners of the 2024 ABC Construction Management Competition and the 35th annual National Craft Championships. The winners were honored on the final day of ABC Convention 2024 in Orlando, Florida, on March 15. ABC Announces the 2024 National Craft Champions ABC Names the Winners of…
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Associated Builders and Contractors today announced the Excellence in Construction,® Safety Excellence and Inclusion, Diversity and Merit Excellence award winners and the Contractor of the Year. The winners were announced and honored at the 34th annual EIC Awards Gala during ABC Convention 2024 in Orlando, Florida, on March 14. ABC Unveils 91 Best Construction Projects…
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Associated Builders and Contractors today announced the honorees of its 2024 national Construction Workforce Awards, which includes Craft Instructor of the Year, Craft Professional of the Year and Young Professional of the Year. These individuals play critical roles in shaping the future of the construction industry by highlighting construction as…
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