News - ABC New Jersey

ABC: Contractors’ Backlog Falls Sharply in May

Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 8.4 months in May, according to an ABC member survey conducted May 20 to June 3. The reading is up 0.1 months since May 2024. View the full Construction Backlog Indicator and Construction Confidence Index data series. While…

Andrew DeVito In National, News

ABC: Nonresidential Construction Adds 11,300 Jobs in May

The construction industry added 4,000 jobs on net in May, 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 126,000 jobs, an increase of 1.5%. Nonresidential construction employment increased by 11,300…

Andrew DeVito In National, News

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 Member News, Members Only, News

ABC Immigration-Related Resources

In light of the administration’s ongoing immigration-related actions, we are providing resources from ABC general counsel Littler. ABC recommends every contractor take all precautions in the hiring process to verify each potential employee is eligible to work legally in the United States, including using the E-Verify system. ABC’s goal is to work…

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 Member News, Members Only

ABC-NJ News Flash: Meeting with Commissioner LaTourette on A-901 “Dirty Dirt” Regulations

On May 28, ABC-NJ met with New Jersey Department of Environmental Protection (DEP) Commissioner Shawn LaTourette to discuss the Departments's proposed A-901 regulations implementing the "Dirty Dirt" Law. The proposed regulations would expand licensing requirements to include businesses involved in soil and fill recycling, requiring registration and comprehensive disclosure filings.…

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…