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…
Associated Builders and Contractors has released its 2022 Safety Performance Report, an annual, comprehensive study of the impact of the STEP Safety Management System and guide to safety best practices on construction jobsites. The national report details the dramatic impact of using proactive safety practices to reduce recordable incidents by…
APRIL 27, 2022 (MT. LAUREL, NJ) – Today, the Associated Builders and Contractors of New Jersey wrapped their first Safety Excellence Academy for members. Owners, presidents, superintendents, project managers and safety instructors spent two days evaluating their safety plans and performance, sharing best practices and networking. This year’s presenters included…
ABC-NJ and the Ronald McDonald House of Southern New Jersey recently teamed up and we need your help! We are asking each of our members to help the children and families at the House remain safe and in great care by donating materials, time, and effort to renovating the House….
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