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ABC

ABC’s Construction Backlog Indicator Jumps in September; Contractor Confidence Remains Steady

by Associated Builders and Contractors on October 12, 2022

Associated Builders and Contractors reports today that its Construction Backlog Indicator increased to 9.0 months in September, according to an ABC member survey conducted Sept. 20 to Oct. 5. The reading is 1.4 months higher than in September 2021. Backlog reached its highest level since May 2022 and is once again above the level observed…

Topics: Contracting, Featured
ABC, Economy

Nonresidential Construction Employment Increases By 13,000 in September, Says ABC

by Associated Builders and Contractors on October 7, 2022

The construction industry added 19,000 jobs on net in September, 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 292,000 jobs, or 3.9%.  Nonresidential construction employment increased by 13,100 positions on net, with growth in two…

Topics: Business, Contracting, Human Resources
ABC, Construction Employment

ABC: Construction Job Openings Up By 54,000 in August

by Associated Builders and Contractors on October 4, 2022

The construction industry had 407,000 job openings in August, 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 opening as any unfilled position for which an employer is actively recruiting. Industry job openings increased by 54,000 last…

Topics: Uncategorized
ABC, Construction Employment

Survey: 97% of ABC Contractors Say Biden’s Government-Mandated Project Labor Agreement Policies Would Make Federal Construction More Expensive

by Associated Builders and Contractors on September 28, 2022

According to a September 2022 survey of ABC contractor members published today, 98% oppose President Biden’s proposed rule mandating project labor agreements on federal construction projects of $35 million or more. PLA schemes needlessly increase costs and exacerbate the construction industry’s skilled labor shortage because they exclude almost nine out of 10 workers from participating in these contracts. “The overwhelming opposition to PLA…

Topics: Business
ABC, Project Labor Agreements

Construction Employment Increases by 16,000 in August, Says ABC

by Associated Builders and Contractors on September 2, 2022

The construction industry added 16,000 jobs on net in August, 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 311,000 jobs or 4.2%. Nonresidential construction employment rose by 4,300 positions on net, with positive growth in…

Topics: Business
ABC, Economy

Nonresidential Construction Spending Drops Slightly in February, Says ABC

by ABC on April 1, 2022

National nonresidential construction spending was down 0.1% in February, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $844.5 billion for the month. Spending was down on a monthly basis in 10 of the 16 nonresidential subcategories. Private…

Topics: Business, Contracting
ABC, Construction Spending

Despite Impressive January Jobs Report, Nonresidential Construction Employment Declines by 9,000, Says ABC

by Associated Builders and Contractors on February 4, 2022

The construction industry lost 5,000 jobs on net in January, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Overall, the industry has recovered slightly more than 1 million (91%) of the jobs lost during earlier stages of the pandemic. Nonresidential construction employment declined by…

Topics: Business, Contracting
ABC, Construciton, Employment

ABC Unveils Safety Technology Guide

by Associated Builders and Contractors on December 9, 2021

Associated Builders and Contractors today issued its online Safety Technology Guide, a resource for contractors looking to implement construction technology for the best possible safety performance. “Executing on ABC’s commitment to world-class safety on jobsites requires ABC member contractors to continuously innovate,” said Matt Abeles, ABC vice president of construction technology and innovation. “To keep contractors…

Topics: Business, Technology
ABC, Construction Technology

ABC Wins Key Nationwide Challenge Against Federal Contractor Vaccine Mandate

by Associated Builders and Contractors on December 7, 2021

Associated Builders and Contractors today applauded a federal court for granting a nationwide preliminary injunction order against the federal contractor vaccine mandate. The ruling came from the U.S. District Court for the Southern District of Georgia. “ABC’s participation in the case was essential to nationwide and construction industry relief, which would otherwise have been limited to the…

Topics: Featured, Human Resources
ABC, COVID

Input Prices Decline in September but Remain Higher on a Yearly Basis, Says ABC

by ABC on October 25, 2021

WASHINGTON, Oct. 14, 2021 — Construction input prices declined 0.5% in September, 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 fell 0.4% for the month. Despite the monthly decline, construction input prices are 18.9% higher than in September 2020. Nonresidential…

Topics: Business
ABC, Associated Builders and Contractors (ABC), Construction Input prices

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What We’re Reading

  • Krispy Kreme sinks after 2025 forecast withdrawn
    Source: Business North Carolina Published on May 8, 2025
  • North Carolina offered $300M to lure 4,000-job factory. It went to Ohio instead
    Source: Raleigh Business Journal Published on May 8, 2025
  • AIRSYS Cooling Technologies breaks ground on $40M global HQ in Woodruff
    Source: Upstate Business Journal Published on May 8, 2025
  • Fortune 500 company plans $380M manufacturing project in Charlotte region
    Source: Charlotte Business Journal Published on May 8, 2025
  • PPG returns to Shelby with $380 million investment, 110 jobs
    Source: Business North Carolina Published on May 8, 2025

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