ABC Press Release
ABC’s Construction Backlog Indicator Inched Higher in June, Contractors Remain Confident
ABC’s Construction Backlog Indicator Inched Higher in June, Contractors Remain Confident WASHINGTON, July 9—Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 8.4 months in June, according to an ABC member survey conducted June 20 to July 3. The reading is down 0.5 months from June 2023. View ABC’s Construction Backlog Indicator and Construction…
Read MoreABC Shares the Truth About President Biden’s Harmful Project Labor Agreement Policies at U.S. House Oversight Hearing
ABC Shares the Truth About President Biden’s Harmful Project Labor Agreement Policies at U.S. House Oversight Hearing ABC National staff and an ABC member testified at the June 27, 2024, U.S. House Oversight Committee’s subcommittee hearing on President Biden’s controversial policies promoting and mandating anti-competitive and inflationary project labor agreements on federal and federally assisted projects. The hearing––Cutting Competition…
Read MoreLetter: Biden’s union-only approach is costly to Buffalo taxpayers
Letter: Biden’s union-only approach is costly to Buffalo taxpayers Recently, White House senior adviser Thomas Perez touted federal investments in multiple infrastructure projects in Buffalo. But these projects will bear an unfair and unnecessary high price tag, due to President Joe Biden’s divisive, union-only agenda that raises costs on construction projects funded by taxpayers while shutting out…
Read MoreConstruction Materials Prices Decrease in May for the First Time Since December
Construction Materials Prices Decrease in May for the First Time Since December Construction input prices decreased 0.9% in May 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 0.8% for the month. Overall construction…
Read MoreConstruction Job Openings Decrease By 8,000 in April, Fall to Lowest Level Since March 2023
Construction Job Openings Decrease By 8,000 in April, Fall to Lowest Level Since March 2023 The construction industry had 338,000 job openings on the last day of 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…
Read MoreLed by Energy, Construction Materials Prices Surge in April
Led by Energy, Construction Materials Prices Surge in April Construction input prices increased 0.5% in April 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 0.6% for the month. Overall construction input prices are…
Read MoreABC Calls for Inclusive Infrastructure Policies During United for Infrastructure Week
ABC Calls for Inclusive Infrastructure Policies During United for Infrastructure Week Associated Builders and Contractors today issued the following statement supporting United for Infrastructure’s 12th annual Infrastructure Week, May 13-17. “The importance of quality, safe, dependable infrastructure cannot be understated, and we must build public works projects to deliver the most value for the taxpayer and our…
Read MoreHow New York Wastes Billions
How New York Wastes Billions Time and time again, elected officials in Albany are choosing to waste taxpayer funds by mandating unnecessary labor requirements that do nothing to benefit the project or the workers on those projects and increase the amount New York taxpayer pay for construction. Why do they do these harmful mandates? That…
Read MoreDOL’s Overtime Salary Level Threshold Increase Will Harm Small Businesses, Says ABC
DOL’s Overtime Salary Level Threshold Increase Will Harm Small Businesses, Says ABC Associated Builders and Contractors today issued the following statement opposing the U.S. Department of Labor’s final rule that will change overtime regulations under the Fair Labor Standards Act. The final rule increases the minimum annual salary level threshold for exemption in two phases:…
Read MoreConstruction Backlog Indicator Rebounds in March, Contractor Confidence Improves
Construction Backlog Indicator Rebounds in March, Contractor Confidence Improves Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 8.2 months in March from 8.1 months in February, according to an ABC member survey conducted March 20 to April 3. The reading is down 0.5 months from March 2023. View ABC’s Construction Backlog…
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