ABC New Jersey is pleased to announce the 2024 Excellence in Construction Awards competition. This is an opportunity for your project(s) to join other merit shop projects and be recognized by ABC New Jersey as the “Best of the Best”. Winners and participants will be recognized at our Excellence in Construction…
Associated Builders and Contractors today announced the winners of the 2024 ABC Construction Management Competition and the 35th annual National Craft Championships. The winners were honored on the final day of ABC Convention 2024 in Orlando, Florida, on March 15. ABC Announces the 2024 National Craft Champions ABC Names the Winners of…
Associated Builders and Contractors today announced the Excellence in Construction,® Safety Excellence and Inclusion, Diversity and Merit Excellence award winners and the Contractor of the Year. The winners were announced and honored at the 34th annual EIC Awards Gala during ABC Convention 2024 in Orlando, Florida, on March 14. ABC Unveils 91 Best Construction Projects…
National nonresidential construction spending decreased 0.4% in January, 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 $1.190 trillion. Spending was down on a monthly basis in 10 of the 16 nonresidential subcategories….
Construction input prices increased 1.0% in January compared to the previous month, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices increased 0.9% for the month. Overall construction input prices are 0.4% higher than…
Associated Builders and Contractors reported today that its Construction Backlog Indicator declined to 8.4 months in January, according to an ABC member survey conducted from Jan. 22 to Feb. 4. The reading is down 0.6 months from January 2023. View ABC’s Construction Backlog Indicator and Construction Confidence Index tables for January. View the full…
Associated Builders and Contractors today announced it has released an artificial intelligence technology guide for the construction community, which includes definitions, construction use cases and considerations. The purpose of the guide is to provide a level of knowledge to ensure contractors can be active participants in the construction AI conversation. “ABC helps…
The construction industry had 449,000 job openings on the last day of December, 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…
Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 8.6 months in December from 8.5 months in November, according to an ABC member survey conducted Dec. 20 to Jan. 4. The reading is down 0.6 months from December 2022. View ABC’s Construction Backlog Indicator and Construction Confidence Index tables for…
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…