Tagged Posts: construction

ABC’s Construction Backlog Indicator and Contractor Confidence Index Waver in July

Associated Builders and Contractors reported today that its Construction Backlog Indicator fell 0.2 months in July and stands at 8.7 months, according to an ABC member survey conducted July 20 to Aug. 3. The reading is up 0.2 months from July 2021. View ABC’s Construction Backlog Indicator and Construction Confidence…

Jillian Stengel In National, News

Democrats’ Reckless Reconciliation Package Will Worsen Inflation, Not Curb It

Associated Builders and Contractors today released the following statement on Senate Democrats’ “Inflation Reduction Act,” a $740 billion tax-and-spending spree scheduled to pass in a partisan political process at a time when our economy is pointed toward recession. “While the Democrats’ reconciliation proposal has undergone changes over the recent days,…

Jillian Stengel In National, News

ABC: Construction Employment Increases By 32,000 in July

The construction industry added 32,000 jobs on net in July, 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 increased by 311,000 jobs, or 4.2%. Nonresidential construction employment increased by 18,300 positions on…

Jillian Stengel In National, News

ABC: Construction Unemployment Is Under 2% in 10 States

The not seasonally adjusted national construction unemployment rate plunged 3.8% in June 2022 from June 2021, down from 7.5% to 3.7%. Meanwhile, all 50 states had lower unemployment rates over the same period, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders…

Jillian Stengel In National, News

Construction Job Openings Decreased by 71,000 in June; US Economy Poised to Slow

The construction industry had 334,000 job openings in June, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Opening and Labor Turnover Survey. JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting. Industry job…

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ABC-NJ Reminds Members to Stay Safe During This Week’s Heat Wave

ABC-NJ's goal is to send every construction industry employee home in the same--or better--condition--than which they arrived - especially during a heat wave. As part of ABC's mission help members develop people, win work and deliver that work safely, ethically, profitably and for the betterment of the communities in which…

Jillian Stengel In National, News

ABC: Construction Materials Prices Increased in June, Up 20% From a Year Ago

Construction input prices increased 1.9% in June 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 increased 1.8% for the month. Construction input prices are up 20.1% from a year…

Jillian Stengel In National, News

Nonresidential Construction Spending Slightly Dips in May, Says ABC

WASHINGTON, July 1—National nonresidential construction spending was down by 0.6% in May, 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 $832.5 billion for the month. Spending was down on a monthly basis…

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ABC: Nonresidential Construction Adds 19,400 Jobs in May

The construction industry added 36,000 jobs on net in May, 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 expanded by 283,000 jobs, an increase of 3.8%. Nonresidential construction employment increased by 19,400…

Jillian Stengel

November Safety Committee Meeting – Hand Safety

Speaker: Dr. Michael J. Pensak, MD, Board Certification: American Board of Orthopaedic Surgery | Specialty: Hand and Upper Extremity Topic: Hand Safety Safety Committee meetings are a member benefit, and are held monthly on the 3rd Thursday at 8:30 a.m., in-person (breakfast provided) or virtually. Network with other safety peers,…