On Tuesday, Governor Murphy gave his seventh State of the State address before a joint session of the State Legislature. The Governor touched on familiar topics including affordability, economic growth, healthcare, affordable housing, organized labor, infrastructure, law enforcement and gun violence. In a departure from his last State of the…
Tonight, Associated Builders and Contractors New Jersey Chapter (ABC-NJ) proudly hosted their Excellence in Construction Awards Gala at the Berkeley Oceanfront Hotel in Asbury Park. This annual event features exceptional projects from top merit shop construction firms from across New Jersey, celebrates apprenticeship graduates and the year’s top craft instructor,…
ABC-NJ is pleased to announce the 2023 Excellence in Construction Awards Competition. This competition is an opportunity to have your project(s) join other Merit Shop projects and be recognized by ABC-NJ as the “Best of the Best”. Winners and participants will be recognized at our Excellence in Construction Awards Dinner…
WASHINGTON, Nov. 7—Associated Builders and Contractors has submitted comments to the U.S. Department of Treasury and the Internal Revenue Service regarding implementation of tax credits for clean energy construction projects funded by the Inflation Reduction Act, contingent upon new controversial prevailing wage, apprenticeship and domestic content requirements. “The IRA’s unprecedented…
Construction employment was up across the industry, adding 1,000 jobs on net in October, 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 266,000 jobs, an increase of 3.6%. Nonresidential construction…
The not seasonally adjusted national construction unemployment rate dropped 1.1% in September 2022 from a year ago, down from 4.5% to 3.4%, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. Forty-two states had lower unemployment rates over the same…
The construction industry had 422,000 job openings in September, 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 was up by 0.5% in September, 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 $883.9 billion for the month. Spending was down on a monthly basis in 11…
MT. LAUREL, NJ – May 5— As part of Associated Builders and Contractors, New Jersey member contractors contributed to investing $1.6 billion to provide more than 1.3 million course attendees with craft, leadership and safety education in 2021, according to ABC’s 2022 Workforce Development Survey. The annual assessment quantifies the…
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