Tagged Posts: construction

Construction Job Openings Decreased by 5,000 in June

The construction industry had 374,000 job openings on the last day of June, 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…

Jillian Stengel In National, News

Monthly Construction Input Prices Unchanged in June, Inflation Slows

Construction input prices remained unchanged 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 were also unchanged for the month. Overall construction input prices are 4.9% lower than…

Jillian Stengel In National, News

Construction Job Openings Increased by 19,000 in May to 366,000

The construction industry had 366,000 job openings on the last day of May, 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…

Jillian Stengel In Awards, Events, Members Only

2023 ABC-NJ Excellence in Construction Applications and Woman of the Year Nominations Now Available!

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…

Jillian Stengel In National, News

Nonresidential Construction Spending Increases in April Despite Recession Fears

National nonresidential construction spending expanded 1.9% in April, 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 $1.05 trillion. Spending strength was broad-based, rising in 13 of the 16 nonresidential subcategories on a…

Jillian Stengel In National, News

Construction Job Openings Increase By 68,000 in April

The construction industry had 383,000 job openings in April, 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…

Jillian Stengel In National, News

ABC Construction Backlog Indicator Rebounds in April

Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 8.9 months in April from 8.7 in March, according to an ABC member survey conducted April 20 to May 3. The reading is 0.1 months higher than in April 2022. View ABC’s Construction Backlog Indicator and Construction…

Jillian Stengel In National, News

Government-Registered Apprenticeship System Alone Won’t Solve Construction Labor Shortage

It would take 12 years for federal and state government-registered apprenticeship programs to educate the more than half a million workers the construction industry needs to hire in 2023, according to an Associated Builders and Contractors analysis of recently released U.S. Department of Labor data. ABC estimates that the construction…

Jillian Stengel In National, News

Construction Unemployment Is Down in 32 States From a Year Ago

The not seasonally adjusted national construction unemployment rate dropped 0.4% in March 2023 from a year ago, down from 6% to 5.6%, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. Thirty-two states had lower unemployment rates over the same…

Jillian Stengel In National, News

Construction Job Openings Down By 63,000 in March

The construction industry had 341,000 job openings in March, 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…