The construction industry supported 412,000 job openings in February, 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 actively recruiting. Industry job…
National nonresidential construction spending increased 0.4% 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 $982.2 billion for the month. Spending declined on a monthly basis in 9 of the 16…
Associated Builders and Contractors today released the following statement applauding the bipartisan U.S. House of Representative passage of H.R. 1, the Lower Energy Costs Act. “ABC thanks lawmakers on both sides of the aisle who acted today to lower energy costs and cut red tape for American families, small businesses…
Associated Builders and Contractors today announced it is the 2023 recipient of Construction Working Minds’ Mental Health Visionary Award for its leadership in strengthening total human health in the construction industry. ABC received the award from the Construction Industry Alliance for Suicide Prevention and United Suicide Survivors International at the…
Associated Builders and Contractors member Aric Dreher, assistant general manager, Cianbro, headquartered in Pittsfield, Maine, today testified before the U.S. House of Representatives Transportation and Infrastructure Subcommittee on Highways and Transit during the hearing “Reviewing the Implementation of the Infrastructure Investment and Jobs Act.” Testifying on behalf of ABC, Dreher…
Associated Builders and Contractors today announced the winners of the 2023 ABC Construction Management Competition and the National Craft Championships. The winners were honored on the last day of ABC Convention 2023 in Orlando, Florida, on March 17. ABC Names the Winners of the 2023 Construction Management Competition ABC Names…
Construction input prices expanded 0.4% in February 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 also rose 0.4% for the month. Overall construction input prices are 2.6% higher than…
Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 9.2 months in February, according to an ABC member survey conducted Feb. 20 to March 6. The reading is 1.2 months higher than in February 2022. View ABC’s Construction Backlog Indicator and Construction Confidence Index tables for…
The construction industry added 24,000 jobs on net in February, 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 249,000 jobs, an increase of 3.2%. Nonresidential construction employment increased by 11,600…
The construction industry reported 248,000 job openings in January, 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 actively recruiting. Industry job…
© 2024 Associated Builders and Contractors New Jersey Chapter.