News – Page 27 – Central Electric Inspection Bureau

Nonresidential Construction Adds Only 2,900 Jobs in July, Says ABC

by Erika Walter

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WASHINGTON, Aug. 6—The nation’s construction industry added 11,000 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. Overall, the industry has recovered 886,000 (79.6%) of the jobs lost during earlier stages of the pandemic.

ABC Recognizes Bipartisan Achievements in Infrastructure Bill, Cautions Against Anti-Competitive Language

02Aug

by Erika Walter

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WASHINGTON, Aug. 2—Associated Builders and Contractors today released the following statement on the 2,702-page Infrastructure Investment and Jobs Act set to pass the U.S. Senate later this week.

Nonresidential Construction Spending Down Nearly 1% in June, Says ABC

02Aug

by Erika Walter

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WASHINGTON, Aug. 2—National nonresidential construction spending declined 0.9% in June, 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 $779.9 billion for the month, down 6.6% from one year ago.

ABC: Newly Confirmed Members Threaten NLRB’s Role as Neutral Arbiter of the Law

29Jul

by Erika Walter

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WASHINGTON, July 29—Following the U.S. Senate confirmation of President Biden’s nominees to serve as members of the National Labor Relations Board, Associated Builders and Contractors issued the following statement.

U.S. Economy Expands in Second Quarter, Investment in Structures Contracts, Says ABC

29Jul

by Erika Walter

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WASHINGTON, July 29–The U.S. economy expanded at a 6.5% annualized rate in the second quarter of 2021, pushing overall gross domestic product above pre-pandemic levels. Investment in nonresidential structures, however, declined 7% for the quarter and has now contracted in six of the past seven quarters, according to an analysis by Associated Builders and Contractors of data released today by the U.S. Bureau of Economic Analysis.

ABC: DOL’s Decision to Rescind 2020 Joint Employer Final Rule Disappointing, But Not Surprising

29Jul

by Erika Walter

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WASHINGTON, July 29—Associated Builders and Contractors today released the following statement on the U.S. Department of Labor’s rescission of the Joint Employer Status Under the Fair Labor Standards Act final rule.

ABC: DOL’s Decision to Rescind Joint Employer Final Rule Disappointing, But Not Surprising

29Jul

by Erika Walter

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WASHINGTON, July 29—Associated Builders and Contractors today released the following statement on the U.S. Department of Labor’s rescission of the Joint Employer Status Under the Fair Labor Standards Act final rule.

State Construction Unemployment Rates Down in 45 States From a Year Ago, Says ABC

28Jul

by Yves Mavuba

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WASHINGTON, July 28—The not seasonally adjusted national construction unemployment rate was down 2.6% in June 2021 from a year ago and 45 states had lower unemployment rates over the same period, according to state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. Although not back to pre-pandemic levels, both overall employment and construction employment have demonstrated significant improvement during the past year.

ABC to Senate: The PRO Act Is a Wolf in Sheep’s Clothing

22Jul

by Erika Walter

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WASHINGTON, July 22—Ahead of today’s U.S. Senate Committee on Health, Education, Labor and Pensions’ hearing on the Protect the Right to Organize Act, Associated Builders and Contractors released the following statement.

Construction Input Prices Rise 2.8% in June, Says ABC

14Jul

by Erika Walter

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WASHINGTON, July 14—Construction input prices increased 2.8% in June compared to the previous month, according to an Associated Builders and Contractors analysis of Producer Price Index data released today by the U.S. Bureau of Labor Statistics. Nonresidential construction input prices increased 2.9% for the month.