Tagged Posts: construction

Employee Retention Seminar and Panel Discussion

Join ABC-NJ for a conversation on Employee Retention Strategies. Director of Workforce Development and Apprenticeship Michael Wright will outline a blueprint to hire and retain quality employees through Career Path Development and discuss the role that apprenticeship might play in your employee retention strategy. This will be followed by a…

Jillian Stengel In National, News

House Passage of Democrats’ Reconciliation Package Fails Job Creators and Hardworking Taxpayers

Associated Builders and Contractors released the following statement after the U.S. House of Representatives passed Senate Democrats’ $740 billion tax-and-spend bill: “Democratic lawmakers now own the consequences of sending this radical bill to the president’s desk, including potential economic fallout, additional inflation, more workforce shortages and high materials prices that…

Jillian Stengel In National, News

Monthly Construction Input Prices Decreased 2% in July, Up 17% From a Year Ago, Says ABC

Construction input prices decreased 1.8% in July 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 decreased 1.8% for the month as well. Construction input prices are up 17.4% from…

Jillian Stengel In National, News

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…

Jillian Stengel In News

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…