News – Page 20 – Central Electric Inspection Bureau

ABC Slams Biden Administration for Promoting Union Preferences in DOT Infrastructure Spending

by Erika Walter

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WASHINGTON, March 8—Associated Builders and Contractors today released the following statement criticizing a memorandum of understanding between the U.S. departments of Labor and Transportation advancing workforce policy initiatives on DOT-funded infrastructure projects, including controversial project labor agreements.

ABC Announces Its 2022 Top-Performing U.S. Construction Contractors

08Mar

by Erika Walter

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WASHINGTON, March 8—Associated Builders and Contractors today released its fourth annual Top Performers lists, which ranks its commercial and industrial contractor members that build long-lasting, high-quality construction projects, based on work hours.

Construction Employment Surges in February to Near Pre-Pandemic Levels, Says ABC

04Mar

by Erika Walter

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WASHINGTON, March 4—The construction industry added 60,000 jobs on net in February, 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 virtually all (99.0%) of the jobs lost during earlier stages of the pandemic.

ABC Statement on President Biden’s State of the Union Address

02Mar

by Erika Walter

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WASHINGTON, March 1—Associated Builders and Contractors issued the following statement from Michael Bellaman, its president and CEO, in reaction to President Joe Biden’s State of the Union address.

Nonresidential Construction Spending Growth Weak in January, Says ABC

01Mar

by Grace Austin

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WASHINGTON, March 1 — National nonresidential construction spending was up 1.3% in January, 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 $838.9 billion for the month.

Construction Coalition to Congress: Support Fair and Open Competition

28Feb

by Erika Walter

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WASHINGTON, Feb. 28—Today, Associated Builders and Contractors and a coalition of 19 associations and organizations representing the construction industry and business community sent a letter to Congress expressing support for the Fair and Open Competition Act (S. 403/H.R. 1284), sponsored by Sen. Todd Young, R-Ind., and Rep. Ted Budd, R-N.C, and strong opposition to government-mandated project labor agreements.

ABC: Construction Industry Faces Workforce Shortage of 650,000 in 2022

23Feb

by Erika Walter

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WASHINGTON, Feb. 23—The construction industry will need to attract nearly 650,000 additional workers on top of the normal pace of hiring in 2022 to meet the demand for labor, according to a model developed by Associated Builders and Contractors.

Construction Coalition Opposes Biden Administration Project Labor Agreement Schemes

16Feb

by Erika Walter

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WASHINGTON, Feb. 16—On Feb. 15, Associated Builders and Contractors and 15 associations and organizations representing tens of thousands of companies and millions of employees in the construction industry sent a letter to the White House highlighting concerns with President Joe Biden’s efforts to require controversial government-mandated project labor agreements on federal and federally assisted construction contracts.

Monthly Construction Input Prices Rise in January, Says ABC

15Feb

by Erika Walter

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WASHINGTON, Feb. 15—Construction input prices rose 3.5% in January 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 increased 3.1% for the month.

ABC’s Construction Backlog Slips Again in January; Contractor Confidence Inches Lower

15Feb

by Erika Walter

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WASHINGTON, Feb. 15—Associated Builders and Contractors reported today that its Construction Backlog Indicator declined to 8.0 months in January, according to an ABC member survey conducted Jan. 20 to Feb. 4. The reading is down 0.2 months from December 2021, but up 0.5 months from January 2021.