Statewide
Letter: 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 MoreAn ABC Member’s Guide to The 2024 New York State Legislative Session
An ABC Member’s Guide to the 2024 New York State Legislative Session The 2024 New York Legislative Session has officially ended. In total, the Senate and Assembly passed 1,679 and 960 bills, respectively; 805 of these bills have passed both houses and will await action by the Governor over the next several months. While the…
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 MoreNational Safety Week 2024
National Safety Week 2024 Every day, ABC members prioritize safety on job sites. We understand that safety requires innovation, skill, talent, and a proven strategy to create industry-leading programs. Top-performing ABC members actively build health and safety into their culture, fueling the power and purpose in their people to deliver for their clients. Since it’s National…
Read MorePoughkeepsie’s Housing Fiasco
Poughkeepsie’s Housing Fiasco A recent study in Poughkeepsie confirmed that they are experiencing the same thing happening across New York State: a significant housing crisis. With a vacancy rate of under 4%, it’s correct to call this situation a housing emergency; a healthy city has a vacancy rate of around 10%, and anything less than 4%…
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 MoreABC Members One-Stop Guide to the FY-25 State Budget
ABC Members One-Stop Guide to the FY-25 State Budget 19 days late… New York State finally has a budget deal in place. Lawmakers passed a whopping $237 billion budget early Saturday evening. This budget is $8 billion more than last year’s $229 billion budget. Most notably, the Governor made a deal on housing, which was…
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…
Read MoreConstruction Materials Prices Increase 0.4% in March
Construction Materials Prices Increase 0.4% in March 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…
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