Associated Builders and Contractors reported today that its Construction Backlog Indicator held steady at 8.4 months in July, according to an ABC member survey conducted July 22 to Aug. 6. The reading is down 0.9 months from July 2023. View the full Construction Backlog Indicator and Construction Confidence Index data series….
The national June 2024 not seasonally adjusted construction unemployment rate was 3.3%, down 0.3% from the previous year, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. The analysis also found that 33 states had lower unemployment rates over the same period,…
Construction input prices fell 0.3% in June 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 declined 0.4% for the month. Overall construction input prices are 1.1% higher than a…
Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 8.4 months in June, according to an ABC member survey conducted June 20 to July 3. The reading is down 0.5 months from June 2023. View the full Construction Backlog Indicator and Construction Confidence Index data series. The…
The construction industry added 27,000 jobs on net in June, 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 235,000 jobs, an increase of 2.9%. Nonresidential construction employment increased by 21,200…
Associated Builders and Contractors today responded to the U.S. Department of Labor’s Occupational Safety and Health Administration’s Heat Injury and Illness Prevention in Outdoor and Indoor Work Settings proposed rule. “ABC continues to believe employers should equip their employees and leadership teams to develop their own safety plans, unique to their…
The construction industry had 339,000 job openings on the last day of May, 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…
National nonresidential construction spending decreased 0.1% in May, 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 $1.21 trillion. Spending declined on a monthly basis in 9 of the 16 nonresidential subcategories. Private…
ABC New Jersey’s Apprenticeship Education & Training Fund receives grant from Truist Foundation to further opportunities and careers in construction Associated Builders and Contractors New Jersey Chapter (ABC-NJ)’s Apprenticeship Education & Training Fund (AETF) today announced it received a $75,000 grant from the Truist Foundation to support opportunities and careers across all trades in the construction…
ABC New Jersey is pleased to announce the 2024 Excellence in Construction Awards competition. This is an opportunity for your project(s) to join other merit shop projects and be recognized by ABC New Jersey as the “Best of the Best”. Winners and participants will be recognized at our Excellence in Construction…
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