News - ABC New Jersey

Survey: 97% of ABC Contractors Say Biden’s Government-Mandated PLA Policies Would Make Federal Construction More Expensive

According to a September 2022 survey of ABC contractor members published today, 98% oppose President Biden’s proposed rule mandating project labor agreements (PLAs) on federal construction projects of $35 million or more. PLA schemes needlessly increase costs and exacerbate the construction industry’s skilled labor shortage because they exclude almost nine…

Jillian Stengel In National, News, Tech

ABC’s 2022 Tech Report Features Real-World Journeys in Construction Innovation

Associated Builders and Contractors today released its second annual construction tech report comprised of case studies that spotlight specific technologies and innovation best practices that ABC member contractors are utilizing to strengthen their value proposition. The report also features safety technology survey data from ABC contractors. “ABC’s 2022 Tech Report…

Jillian Stengel In National, News

Imminent Rail Strike Would Pulverize Fragile US Economy and Supply Chain

Associated Builders and Contractors today released the following statement regarding the devastating effects of a looming rail strike on the already weak U.S. economy and supply chain: “On Friday, America’s railroad infrastructure will grind to a halt unless cooler heads prevail or Congress takes immediate action to resolve a union…

Jillian Stengel In National, News

ABC’s Contractor Confidence Rebounds; Construction Backlog Indicator Flat in August

construction backlog indication aug 2022

Associated Builders and Contractors reports today that its Construction Backlog Indicator remained unchanged at 8.7 months in August, according to an ABC member survey conducted Aug. 22 to Sept. 7. The reading is a full month higher than in August 2021. View ABC’s Construction Backlog Indicator and Construction Confidence Index…

Jillian Stengel In National, News

Construction Employment Increases by 16,000 in August, Says ABC

The construction industry added 16,000 jobs on net in August, 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 risen by 311,000 jobs or 4.2%. Nonresidential construction employment rose by 4,300 positions on…

Jillian Stengel In National, News

ABC: Nonresidential Construction Spending Increases by a Modest 0.8% in July

National nonresidential construction spending increased 0.8% in July, 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 $847.6 billion for the month. Spending was up on a monthly basis in 13 of the…

Jillian Stengel In National, News

ABC: Suicide Prevention Is a National Priority for Construction

On the first day of Suicide Prevention Month 2022, Associated Builders and Contractors calls on the entire construction industry to strengthen total human health among its workers and decrease the number of deaths by suicide. In 2020, the Centers for Disease Control and Prevention reported that the construction industry had…

Jillian Stengel In AETF, News

Back to School Doesn’t Always Mean College: Apprenticeships Bring Opportunities for Well-Paying Trade Careers

If you’re the parent of a recent high school grad, it may seem like everyone on your Facebook feed is sending their child to college this month. But if your kid isn’t shopping for new sheets or a mini fridge for his or her dorm room, don’t be discouraged. There…

Jillian Stengel In National, News

House Passage of Democrats’ Reconciliation Package Fails Job Creators and Hardworking Taxpayers

Associated Builders and Contractors released the following statement after the U.S. House of Representatives passed Senate Democrats’ $740 billion tax-and-spend bill: “Democratic lawmakers now own the consequences of sending this radical bill to the president’s desk, including potential economic fallout, additional inflation, more workforce shortages and high materials prices that…

Jillian Stengel In National, News

Monthly Construction Input Prices Decreased 2% in July, Up 17% From a Year Ago, Says ABC

Construction input prices decreased 1.8% in July 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 decreased 1.8% for the month as well. Construction input prices are up 17.4% from…