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Construction Underperforms Broader Economy in December Jobs Report
Construction Underperforms Broader Economy in December Jobs Report The construction industry added just 8,000 jobs on net in December, 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 increased by 196,000 jobs, an increase of 2.4%.Ā Nonresidential construction…
Read MoreABC: Construction Labor Churn at Historic Lows in November
ABC: Construction Labor Churn at Historic Lows in November WASHINGTON, Jan. 7āThe construction industry had just 276,000 job openings on the last day of November 2024, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statisticsā Job Openings and Labor Turnover Survey. JOLTS defines a job opening as…
Read MoreABC To Celebrate 75 Years of Building America at ABC Convention 2025 in Las Vegas
ABC To Celebrate 75 Years of Building America at ABC Convention 2025 in Las Vegas Associated Builders and Contractors today announced that the association will turn 75 on June 1, 2025. To commemorate the milestone, ABC and its members will gather at several commemorative events, beginning with ABC Convention 2025 in Las Vegas. āFor 75…
Read MoreNew Yorkās FĀ Grade: 50 out of 51 in Construction Environment
New Yorkās FĀ Grade: 50 out of 51 in Construction Environment Associated Builders and Contractors (ABC) has released its 10th annualĀ MeritĀ ShopĀ Scorecard, and New York has once again found itself languishing at the bottom, ranking 50th out of 51. The stateās consistent failure to foster a healthy construction environment has earned it a resounding F grade. This…
Read MoreMonthly Construction Input Prices Unchanged in November
Monthly Construction Input Prices Unchanged in November WASHINGTON,Ā Dec. 12Ā ā Construction input prices were unchanged in November compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statisticsā Producer Price Index data released today. Nonresidential construction input prices increased 0.1% for the month. Overall construction input prices are…
Read MoreABC Hails Senate for Blocking McFerran
ABC Hails Senate for Blocking McFerran Associated Builders and Contractors today issued the following statement applauding the U.S. Senate for voting down the confirmation of Lauren McFerran to a third term as chair of the National Labor Relations Board, 49-50. āMcFerranās tenure has been the subject of multiple congressional hearings, oversight investigations and press reports…
Read MoreConstruction Adds Just 10,000 Jobs in November, Industry Employment Growth Still Outpaces Economy
Construction Adds Just 10,000 Jobs in November, Industry Employment Growth Still Outpaces Economy The construction industry added 10,000 jobs on net in November, 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 211,000 jobs, an increase…
Read MoreABC Criticizes Mayor Adamsā āHistoric Labor Agreementsā as Misleading and Harmful
ABC Criticizes Mayor Adamsā āHistoric Labor Agreementsā as Misleading and Harmful In response to Mayor Eric Adamsā recent announcement of “historic labor agreements” covering $1 billion in capital projects, the Empire State Chapter of Associated Builders and Contractors (ABC) is highlighting the misinformation underpinning this decision and its detrimental impact on New York Cityās construction…
Read MoreABC Empire State Chapter Member Named to National Executive Committee
ABC Empire State Chapter Member Named to National Executive Committee ABC National – Associated Builders and Contractors today announced that David Pugh, a partner at Bradley in Birmingham, Alabama, was elected 2025 chair of ABC National Board of Directors during its meeting at the associationās annual Leadership Institute in Scottsdale, Arizona. “Nothing could be more…
Read MoreABC Applauds Court Decision Upending DOLās Unlawful Overtime Rule
ABC Applauds Court Decision Upending DOLās Unlawful Overtime Rule WASHINGTON, Nov. 15āAssociated Builders and Contractors today applauded theĀ decisionĀ of the U.S. District Court for the Eastern District of Texas, which set aside the U.S. Department of Laborās controversial 2024 final rule,Ā Defining and Delimiting the Exemptions for Executive, Administrative, Professional, Outside Sales, and Computer Employees. The rule…
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