News - ABC New Jersey

ABC: Nonresidential Construction Spending Plunges in March

National nonresidential construction spending decreased 0.5% in March, 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 $1.25 trillion. Spending was down on a monthly basis in 11 of the 16 nonresidential subcategories.…

Andrew DeVito In National, News

ABC Construction Safety Report: Jobsites Can Be Nearly 7 Times Safer With Health and Safety Best Practices

Associated Builders and Contractors today released its 2025 Health and Safety Performance Report, an annual guide to construction jobsite health and safety best practices. As a proud sponsor, ABC published the report ahead of Construction Safety Week 2025, May 5-9, to support its industrywide call to action for safer jobsites and a stronger…

Andrew DeVito In National, News

ABC: All But 4 States Had Construction Unemployment Rates Below 10% in March

The national March 2025 not seasonally adjusted construction unemployment rate was 5.4%, unchanged from March 2024, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. The analysis found that 19 states had lower estimated construction unemployment rates over the same period, 25…

Andrew DeVito In National, News

ABC: Construction Job Openings Decreased by 38,000 in March

The construction industry had 248,000 job openings on the last day of March, 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, News

ABC New Jersey Cuts the Ribbon on Northern NJ Office

Associated Builders and Contractors New Jersey Chapter (ABC New Jersey) announced the official opening of its new Northern New Jersey office, located at 51 Gibraltar Drive in Morris Plains. The multifunctional space, which includes both office and classroom facilities, was unveiled during a celebratory event attended by members, local leaders,…

Andrew DeVito In National, News

ABC: Monthly Construction Economic Survey Shows Tariff Impacts Emerge

Associated Builders and Contractors reported today that its Construction Backlog Indicator rose to 8.5 months in March, according to an ABC member survey conducted March 20 to April 6. The reading is up 0.3 months since March 2024. View the full Construction Backlog Indicator and Construction Confidence Index data series. Backlog…

Andrew DeVito In Government Affairs, National, News

ABC: Tariffs Drive Surge in March Construction Materials Prices

Construction input prices increased 0.5% in March, 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 0.6% for the month. Both overall and nonresidential construction input prices are 0.8% higher than one year ago.…

Andrew DeVito In Government Affairs, National, News

ABC Denounces Special Interests for Suing Trump Administration To Block Fair and Open Competition

Associated Builders and Contractors today voiced its strong opposition to North America’s Building Trades Unions’ filing of a lawsuit against President Donald Trump’s administration, seeking to reinstate project labor agreement mandates on certain U.S. Department of Defense and General Service Administration construction contracts over $35 million. “NABTU’s misguided decision to file a…

Andrew DeVito In National, News

ABC: March Construction Employment Up Just 1.8% Year Over Year

The construction industry added 13,000 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 risen by a mere 143,000 jobs, an increase of 1.8%. Nonresidential construction employment increased…

Andrew DeVito In National, News

ABC: Nonresidential Construction Spending Rises to Highest Level on Record in February

National nonresidential construction spending increased 0.3% 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 $1.255 trillion. Spending was up on a monthly basis in 9 of the 16 nonresidential subcategories.…