Tagged Posts: construction

Nonresidential Construction Spending Increases Slightly in September, Says ABC

National nonresidential construction spending was up by 0.5% in September, 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 $883.9 billion for the month. Spending was down on a monthly basis in 11…

Jillian Stengel In National, News

Nonresidential Construction Employment Increases By 13,000 in September, Says ABC

The construction industry added 19,000 jobs on net in September, 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 292,000 jobs, or 3.9%. Nonresidential construction employment increased by 13,100 positions on…

Jillian Stengel

ABC 2022 Q3 Construction Economic Update & Forecast Webinar

Anirban Basu, chief economist for Associated Builders and Contractors, returns for an economic update for the third quarter of 2022 as he reviews the Construction Economic Update: both the general economy and construction-specific metrics in an accessible and entertaining presentation. Join this webinar to hear up-to-the-minute economic insights—from the latest…

Jillian Stengel In National, News

ABC: Construction Job Openings Up By 54,000 in August

The construction industry had 407,000 construction job openings in August, 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…

Jillian Stengel In National, News

Nonresidential Construction Spending Down 0.4% in August

National nonresidential construction spending was down 0.4% in August, 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 $859.3 billion for the month. Spending was down on a monthly basis in 10 of…

Jillian Stengel In National, News

ABC: Nonresidential Construction Spending Increases by a Modest 0.8% in July

National nonresidential construction spending increased 0.8% in July, 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 $847.6 billion for the month. Spending was up on a monthly basis in 13 of the…

Jillian Stengel In National, News

ABC: Suicide Prevention Is a National Priority for Construction

On the first day of Suicide Prevention Month 2022, Associated Builders and Contractors calls on the entire construction industry to strengthen total human health among its workers and decrease the number of deaths by suicide. In 2020, the Centers for Disease Control and Prevention reported that the construction industry had…

Jillian Stengel

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…