News – Central Electric Inspection Bureau

ABC’s Construction Backlog Indicator Up in July, Contractors Remain Confident

by Derrick Holt

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WASHINGTON, Aug. 15—Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 9.3 months in July, according to an ABC member survey conducted July 20 to Aug. 4. The reading is up by 0.6 months since July 2022.

View the full Construction Backlog Indicator and Construction Confidence Index data series.

The South remains the region with the highest level of backlog, despite being the only region with lower backlog on a year-ago basis. Backlog gains in July were concentrated in the commercial and institutional category

ABC: Monthly Construction Input Prices Unchanged in July

11Aug

by Grace Austin

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WASHINGTON, Aug. 11—Construction input prices were unchanged in July relative 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 fell 0.1% for the month.

ABC: Nonresidential Construction Employment Increases in July

09Aug

by Grace Austin

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WASHINGTON, Aug. 4—The construction industry added 19,000 jobs on net in July, 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 expanded by 198,000 jobs, an increase of 2.5%.

ABC: Final Davis-Bacon Rule Undermines Taxpayer Investments in Infrastructure

08Aug

by Grace Austin

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WASHINGTON, Aug. 8—Associated Builders and Contractors issued the following statement in response to the U.S. Department of Labor today issuing a final rule, Updating the Davis-Bacon and Related Acts Regulations, which will make drastic revisions to the Davis-Bacon Act and Related Acts regulations that apply to federal and federally assisted construction projects funded by taxpayers.

ABC: State Construction Unemployment Rates Range From 0.4% to 7.5%

02Aug

by Grace Austin

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WASHINGTON, Aug. 2—The not seasonally adjusted national construction unemployment rate was 0.1% lower in June 2023 from a year ago, down from 3.7% to 3.6%. According to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors, 15 states had lower unemployment rates over the same period, seven were unchanged and 28 states were higher. All states posted an unemployment rate lower than 8%.

ABC: Nonresidential Construction Spending Increases Slightly in June

01Aug

by Grace Austin

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WASHINGTON, Aug. 1—National nonresidential construction spending increased 0.1% in June, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. Spending is up 18% over the past 12 months. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.07 trillion in June.

ABC: Construction Job Openings Decreased by 5,000 in June

01Aug

by Grace Austin

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WASHINGTON, Aug. 1—The construction industry had 374,000 job openings on the last day of June, 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 declined by 5,000 last month and are down 9,000 from the same time last year.

A Sample of NABTU PLAs Across the USA

18Jul

by Betsy Barrett

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The post A Sample of NABTU PLAs Across the USA appeared first on NABTU.

ABC Opposes OSHA’s Improve Tracking of Workplace Injuries and Illnesses Final Rule

17Jul

by Grace Austin

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WASHINGTON, July 17—ABC announced its opposition to the U.S. Department of Labor’s Occupational Safety and Health Administration’s Improve Tracking of Workplace Injuries and Illnesses final rule, issued today, which will undo the ABC-supported provisions of the 2019 final rule promulgated under the Trump administration and reprise the 2016 Obama-era rule.

ABC: Monthly Construction Input Prices Unchanged in June, Inflation Slows

13Jul

by Grace Austin

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WASHINGTON, July 13—Construction input prices remained unchanged in June 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 were also unchanged for the month.