News - ABC New Jersey

ABC’s Construction Backlog Indicator Down in February, Contractors Remain Confident

Associated Builders and Contractors reported today that its Construction Backlog Indicator declined to 8.1 months in February, according to an ABC member survey conducted Feb. 20 to March 5. The reading is down 1.1 months from February 2023. View the full Construction Backlog Indicator and Construction Confidence Index data series. Backlog…

Andrew DeVito In Government Affairs, National, News

Court Blocks NLRB Joint Employer Rule in a Win for ABC

Associated Builders and Contractors applauds the U.S. District Court for the Eastern District of Texas for vacating the National Labor Relations Board’s 2023 Joint Employer Final Rule and the Board’s rescission of the ABC-supported 2020 Joint Employer Final Rule. Under the court’s decision, the 2020 final rule, which provides clear criteria for companies…

Andrew DeVito In Government Affairs, National, News

ABC Calls Out Anti-Competitive Policies and Rhetoric in President Biden’s Address to the Nation

Associated Builders and Contractors President and CEO Michael Bellaman tonight responded to President Joe Biden’s 2024 State of the Union address with the following statement: “President Biden continues to push exclusionary and inflationary agendas and actions that discourage the overwhelming majority of construction workers who do not belong to a…

Jillian Stengel In National, News

Nonresidential Construction Spending Falls Sharply in January

National nonresidential construction spending decreased 0.4% 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 $1.190 trillion. Spending was down on a monthly basis in 10 of the 16 nonresidential subcategories.…

Jillian Stengel In National, News

Biden’s Proposed Apprenticeship Rule Will Strongly Discourage Construction Apprenticeship Program Participation

According to the results of a new survey of ABC contractor members and chapters published today, the U.S. Department of Labor’s controversial, 180,000-plus word proposed rule overhauling regulations related to government-registered apprenticeship programs—or GRAPs—will discourage apprentices, contractors and ABC chapter apprenticeship program providers from participating in the government-registered apprenticeship system. "Initial feedback on controversial changes to…

Jillian Stengel In Awards, National, News

ABC Announces 2024 Top Performers – US Construction Contractors

Associated Builders and Contractors today released its 2024 Top Performers lists recognizing its contractor members’ outstanding achievements in safety, quality, inclusion, project excellence and special designations ranked by number of hours worked. The No. 1 2024 ABC Top Performer by work hours is Turner Industries Group LLC, Baton Rouge, Louisiana; followed by…

Jillian Stengel In National, News

Government-Registered Apprenticeship Programs Not Keeping Up With Construction Industry Needs

At current rates of participation and completion, federal and state government-registered apprenticeship programs will fail to meet the construction industry’s short- and long-term skilled workforce needs, according to an Associated Builders and Contractors analysis of recently released U.S. Department of Labor data. ABC estimates that the construction industry’s federal and state…

Jillian Stengel In National, News

ABC’s Construction Backlog Indicator Slips in January, Contractors Remain Confident

Associated Builders and Contractors reported today that its Construction Backlog Indicator declined to 8.4 months in January, according to an ABC member survey conducted from Jan. 22 to Feb. 4. The reading is down 0.6 months from January 2023. View ABC’s Construction Backlog Indicator and Construction Confidence Index tables for January. View the full…

Jillian Stengel In National, News

ABC Unveils AI Resource Guide for Contractors

Associated Builders and Contractors today announced it has released an artificial intelligence technology guide for the construction community, which includes definitions, construction use cases and considerations. The purpose of the guide is to provide a level of knowledge to ensure contractors can be active participants in the construction AI conversation. “ABC helps…

Jillian Stengel In National, News

Construction Employment Up 11,000 in January

The construction industry added 11,000 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 expanded by 216,000 jobs, an increase of 2.7%. Nonresidential construction employment increased by 7,600…