News – Page 12 – Central Electric Inspection Bureau

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

by Erika Walter

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WASHINGTON, Oct. 4—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 month and are up by 45,000 from the same time last year.

Nonresidential Construction Spending Down 0.4% in August, Says ABC

03Oct

by Erika Walter

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WASHINGTON, Oct. 3—National nonresidential construction spending was down 0.4% in August, 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 $859.3 billion for the month.

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

28Sep

by Erika Walter

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WASHINGTON, Sept. 28—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.

ABC’s 2022 Tech Report Features Real-World Journeys in Construction Innovation

26Sep

by Erika Walter

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WASHINGTON, Sept. 26—Associated Builders and Contractors today released its second annual construction technology report comprised of case studies that spotlight specific technologies and innovation best practices that ABC member contractors are utilizing to strengthen their value proposition. The report also features safety technology survey data from ABC contractors.

ABC: Imminent Rail Strike Would Pulverize Fragile US Economy and Supply Chain

14Sep

by Erika Walter

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WASHINGTON, Sept. 14—Associated Builders and Contractors today released the following statement regarding the devastating effects of a looming rail strike on the already weak U.S. economy and supply chain.

Monthly Construction Input Prices Dip in August, But Are Up 17% From a Year Ago, Says ABC

14Sep

by Erika Walter

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WASHINGTON, Sept. 14—Construction input prices decreased 1.4% in August 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 fell 1.4% for the month as well.

ABC’s Contractor Confidence Rebounds; Construction Backlog Indicator Flat in August

13Sep

by Erika Walter

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WASHINGTON, Sept. 13—Associated Builders and Contractors reports today that its Construction Backlog Indicator remained unchanged at 8.7 months in August, according to an ABC member survey conducted Aug. 22 to Sept. 7. The reading is a full month higher than in August 2021.

ABC: New NLRB Joint Employer Proposal Will Harm Small Businesses

06Sep

by Grace Austin

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WASHINGTON, Sept. 6—Associated Builders and Contractors today released the following statement on the National Labor Relations Board’s new joint employer proposed rule under the National Labor Relations Act.

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

02Sep

by Grace Austin

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WASHINGTON, Sept. 2—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%.

ABC: Nonresidential Construction Spending Increases by a Modest 0.8% in July

01Sep

by Erika Walter

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WASHINGTON, Sept. 1—National nonresidential construction spending increased 0.8% in July, 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 $847.6 billion for the month.