ABC Press Release
How 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
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: from the current level of $35,568 to $43,888 on July 1,…
Read MoreConstruction Backlog Indicator Rebounds in March, Contractor Confidence Improves
ABC 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 Indicator and Construction Confidence Index tables for March. View the full…
Read MoreConstruction Materials Prices Increase 0.4% in March
ABC WASHINGTON, April 11—Construction input prices increased 0.4% in March compared to the previous month, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices also increased 0.4% for the month. Both overall and nonresidential construction input prices are 1.7%…
Read MorePrevailing Wages on Off-site Prefab Will Cost NY Thousands of Jobs
ABC ABC opposes the New York State Legislature’s proposed legislation to mandate prevailing wage mandates on construction work performed at an offsite custom fabrication facility. If passed, this law will drive the custom fabrication industry out of the state and eliminate union and nonunion jobs, resulting in a significant step backward for the already struggling…
Read MoreBad News: Construction Input Prices Increase 1.4% in February, Says ABC
ABC WASHINGTON, March 14—Construction input prices increased 1.4% in February compared to the previous month, according to an Associated Builders and Contractors 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. Overall construction input prices are 1.5% higher than a year…
Read MoreQueens Assemblymember David Weprin sponsors bill that would make staged construction accidents a Class E felony
ABC By Athena Dawson QNS: Queens News, Sports, Entertainment & Community On Tuesday, Mar. 5, Queens Assemblymember David Weprin (D-24), held a press conference in Albany to announce his sponsorship of a new bill that would make staged construction accidents a Class E felony. The bill aims to combat what he describes as a disturbing…
Read MoreSampson Speaks at Presser Supporting Penalties for Staging Construction Site Accident
ABC At a press conference at the New York State Capitol last Tuesday, ABC Empire State Chapter President Brian Sampson spoke in support of legislation aimed at fighting workers’ compensation fraud in New York. The legislation (S.8413/ A898) sponsored by Senator Breslin and Assemblyman Weprin in their respective houses would establish staging a construction site…
Read MoreABC: Government-Registered Apprenticeship Programs Not Keeping Up With Construction Industry Needs
ABC WASHINGTON, Feb. 22—At current rates of participation and completion, federal and state government-registered apprenticeship programs will fail to meet the construction industry’s short- and long-term skilled workforce needs, according to an Associated Builders and Contractors analysis of recently released U.S. Department of Labor data. ABC estimates that the construction industry’s federal and state GRAPs…
Read More2024 Construction Workforce Shortage Tops Half a Million
ABC WASHINGTON, Jan. 31—The construction industry will need to attract an estimated 501,000 additional workers on top of the normal pace of hiring in 2024 to meet the demand for labor, according to a proprietary model developed by Associated Builders and Contractors. In 2025, the industry will need to bring in nearly 454,000 new workers…
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