Tagged Posts: construction

February Safety Committee Meeting

Join us for a presentation by the American Heart Association on Cardiac Arrest and the importance of fast and effective CPR. As February is American Heart Month and as was shown by the recent injury to NFL football player, Damar Hamlin, CPR saves lives. 2023 Safety Sponsor Safety Committee meetings…

Jillian Stengel In National

ABC: Construction Materials Prices Down 1% in November, Still Up 40% Since February 2020

Construction input prices declined 0.9% in November 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 fell 0.8% for the month. Construction input prices are up 11.9% from a year…

Jillian Stengel In National, News

Nonresidential Construction Spending Down 0.3% in October

National nonresidential construction spending was down by 0.3% in October, 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 $898.4 billion for the month. Spending was down on a monthly basis in seven…

Jillian Stengel

January Safety Committee Meeting – Electrical Safety

Join us for January's Safety Committee meeting. ABC-NJ's Lead Instructor, Brian Thibault, will present and review Electrical 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, hear relevant guest speakers,…

Jillian Stengel

December Safety Committee Meeting – Year in Review

Join us for the last Safety Committee meeting of the year as we will review all topics discussed in 2022! 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, hear relevant…

Jillian Stengel In National, News

Construction Backlog and Contractor Confidence Waver in October

Associated Builders and Contractors reports today that its Construction Backlog Indicator and contractor confidence declined to 8.8 months in October, according to an ABC member survey conducted Oct. 20 to Nov. 4. The reading is 0.7 months higher than in October 2021. View ABC’s Construction Backlog Indicator and Construction Confidence…

Jillian Stengel In National, News

Inflation Reduction Act Tax Policies Undermine Taxpayer Investments in Clean Energy Construction Projects

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…

Jillian Stengel In National, News

October Construction Employment Ticks Up by 1,000, Says ABC

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…

Jillian Stengel In National, News

State Construction Unemployment Is Down in 42 States From a Year Ago

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…

Jillian Stengel In National, News

Construction Job Openings Increased by 36,000 in September

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…