WASHINGTON (April 5, 2024) — The construction industry added 39,000 jobs on net in March, according to an Associated Builders and Contractors (ABC) analysis of data released by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has expanded by 270,000 jobs, an increase of 3.4%.
WASHINGTON (March 28, 2024) — Associated Builders and Contractors (ABC) and its Florida First Coast chapter filed suit in federal court to stop the Biden administration’s plan to mandate project labor agreements on construction contracts procured by federal agencies.
WASHINGTON (March 14) — Construction input prices increased 1.4% in February compared to the previous month, according to an Associated Builders and Contractors (ABC) analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices increased 1.3% for the month.
WASHINGTON, (Feb. 22, 2024) — At current rates of participation and completion, federal and state government-registered apprenticeship programs (GRAP) will fail to meet the construction industry’s short- and long-term skilled workforce needs, according to an Associated Builders and Contractors (ABC) analysis of recently released U.S. Department of Labor data.
SCOTTSDALE, Ariz. (Feb. 12, 2024) — Arcoro, a provider of human resources (HR) management solutions for the construction industry, announced it is launching a new relationship with ABC Insurance Trust.
WASHINGTON, (Feb. 5,2024 ) — The not seasonally adjusted national construction unemployment rate at 4.4% was unchanged in December 2023 from the previous year, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released by Associated Builders and Contractors (ABC). The analysis also found that 25 states had lower unemployment rates over the same period, four were unchanged and 21 states were higher.
WASHINGTON (Jan. 16, 2024) — Associated Builders and Contractors (ABC) reported that its Construction Backlog Indicator increased to 8.6 months in December from 8.5 months in November, according to an ABC member survey conducted Dec. 20 to Jan. 4. The reading is down 0.6 months from December 2022.
WASHINGTON (Jan. 3, 2024) — National nonresidential construction spending decreased 0.1% in November, according to an Associated Builders and Contractors (ABC) analysis of data published by the U.S. Census Bureau on Jan. 2. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.143 trillion.
WASHINGTON (Dec. 18, 2023) — Associated Builders and Contractors (ABC) issued the following statement in response to a proposed rule issued by the U.S. Department of Labor on Dec. 14 that would make significant and controversial revisions to the national apprenticeship system.
WASHINGTON, (Nov. 14, 2023) — Associated Builders and Contractors (ABC) reported today that its Construction Backlog Indicator declined to 8.4 months in October from 9.0 months in September, according to an ABC member survey conducted from Oct. 19 to Nov. 2. The reading is down 0.4 months from October 2022.
WASHINGTON (Nov. 2, 2023) — The not seasonally adjusted national construction unemployment rate was 0.4% higher in September 2023 from the previous year, up from 3.4% to 3.8%. According to a state-by-state analysis of U.S. Bureau of Labor Statistics data released by Associated Builders and Contractors (ABC), 16 states had lower unemployment rates over the same period, five were unchanged and 29 states were higher.
WASHINGTON (Oct. 11, 2023) — Construction input prices increased 0.2% in September compared to the previous month, according to an Associated Builders and Contractors (ABC) analysis of U.S. Bureau of Labor Statistics Producer Price Index data released. Nonresidential construction input prices increased 0.2% for the month as well.
WASHINGTON (Oct. 3, 2023) — The construction industry had 350,000 job openings on the last day of August, according to an Associated Builders and Contractors (ABC) analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey (JOLTS). JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting.
WASHINGTON (Sept. 12, 2023) — Associated Builders and Contractors (ABC) reported that its Construction Backlog Indicator declined to 9.2 months in August, down 0.1 month, according to an ABC member survey conducted from Aug. 21 to Sept. 6. The reading is 0.5 months above the August 2022 level.
WASHINGTON (Aug. 29, 2023) — The construction industry had 363,000 job openings on the last day of July, according to an Associated Builders and Contractors (ABC) analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey (JOLTS). JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting.
WASHINGTON (Aug. 15, 2023) — Associated Builders and Contractors (ABC) reported that its Construction Backlog Indicator increased to 9.3 months in July, according to an ABC member survey conducted July 20 to Aug. 4. The reading is up by 0.6 months since July 2022.
WASHINGTON (July 13, 2023) — Construction input prices remained unchanged in June compared to the previous month, according to an Associated Builders and Contractors (ABC) analysis of U.S. Bureau of Labor Statistics Producer Price Index data released today. Nonresidential construction input prices were also unchanged for the month.
WASHINGTON (July 3, 2023) — National nonresidential construction spending decreased 0.2% in May, according to an Associated Builders and Contractors (ABC) analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.06 trillion.
WASHINGTON (June 13, 2023) — Associated Builders and Contractors (ABC) reported that its Construction Backlog Indicator remained unchanged at 8.9 months in May, according to an ABC member survey conducted May 20 to June 7. The reading is 0.1 months lower than in May 2022.
WASHINGTON (May 5, 2023) — The construction industry added 15,000 jobs on net in April, according to an Associated Builders and Contractors (ABC) analysis of data released by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment expanded by 205,000 jobs, an increase of 2.7%.
WASHINGTON (May 6, 2022) — The construction industry added 2,000 jobs on net in April, but nonresidential construction employment decreased by 2,000 positions, according to an Associated Builders and Contractors (ABC) analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has expanded by 235,000 jobs, an increase of 3.2%.
WASHINGTON (May 3, 2022) — The construction industry had 396,000 job openings in March 2022, according to an Associated Builders and Contractors (ABC) analysis of data released today by the U.S. Bureau of Labor Statistics. Industry job openings increased by 13,000 in March and are up 60,000 from the same time last year.