National nonresidential construction spending decreased by 0.5% in December, 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 $943.5 billion for the month. Spending fell on a monthly basis in 10 of the…
Associated Builders and Contractors reports today that its Construction Backlog Indicator increased to 9.2 months in November, according to an ABC member survey conducted Nov. 21 to Dec. 6. The reading is 0.8 months higher than in November 2021. View ABC’s Construction Backlog Indicator and Construction Confidence Index tables for…
Associated Builders and Contractors reports today that its Construction Backlog Indicator increased to 9.0 months in September and contractor confidence remained steady, according to an ABC member survey conducted Sept. 20 to Oct. 5. The reading is 1.4 months higher than in September 2021. View ABC’s Construction Backlog Indicator and…
WASHINGTON, Oct. 11—Associated Builders and Contractors today responded to the U.S. Department of Labor’s announcement of a proposed rule to rescind and replace a commonsense, ABC-supported final regulation on independent contractors. “ABC is deeply disappointed that the Biden DOL is moving forward with a proposed rule that will disrupt legitimate…
JUNE 9, 2022 – Mt. Laurel, New Jersey – With amendments made earlier this year to New Jersey’s Public Works Contractor Registration Act, the Associated Builders and Contractors of New Jersey (ABC-NJ) hosted construction industry experts and merit shop contractors for an educational session to help navigate the changes. According…
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