News – Page 3 – Central Electric Inspection Bureau

ABC’s Construction Backlog Indicator Holds Steady in May

by Grace Austin

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WASHINGTON, June 13—Associated Builders and Contractors reported today that its Construction Backlog Indicator remained unchanged at 8.9 months in May, according to an ABC member survey conducted May 20 to June 7. The reading is 0.1 months lower than in May 2022.

Nonresidential Construction Employment Increases in May Despite Signs of Weakness in Economy, Says ABC

02Jun

by Grace Austin

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WASHINGTON, June 2—The construction industry added 25,000 jobs on net in May, 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 increased by 192,000 jobs, an increase of 2.5%.

Nonresidential Construction Spending Increases in April Despite Recession Fears, Says ABC

01Jun

by Grace Austin

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WASHINGTON, June 1—National nonresidential construction spending expanded 1.9% in April, 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 $1.05 trillion.

Construction Job Openings Increase By 68,000 in April, Says ABC

31May

by Grace Austin

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WASHINGTON, May 31—The construction industry had 383,000 job openings in April, 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 68,000 last month but are down by 35,000 from the same time last year.

ABC Supports Bipartisan Bill To Avoid Default, Limit Government Spending and Reform the Permitting Process

30May

by Grace Austin

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WASHINGTON, May 30—ABC issued the following statement today in support of the recently announced bipartisan Fiscal Responsibility Act of 2023.

ABC Applauds Supreme Court’s Ruling That Narrows Scope of WOTUS

25May

by Grace Austin

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WASHINGTON, May 25—Associated Builders and Contractors issued the following statement from Vice President of Regulatory, Labor and State Affairs Ben Brubeck on the U.S. Supreme Court’s May 25 ruling narrowing the scope of “waters of the United States” in the Sackett v. Environmental Protection Agency case.

ABC’s Sizemore Reappointed To Serve on OSHA Advisory Committee on Construction Safety and Health

25May

by Grace Austin

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WASHINGTON, May 25—Associated Builders and Contractors today announced that Greg Sizemore, ABC vice president of health, safety, environment and workforce development, has been appointed by the U.S. Department of Labor to a third term as a representative for U.S. construction employers on the Occupational Health and Safety Administration’s Advisory Committee on Construction Safety and Health.

ABC Construction Backlog Indicator Rebounds in April Due to Infrastructure Category Strength

16May

by Erika Walter

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ABC Construction Backlog Indicator Rebounds in April Due to Infrastructure Category Strength

Construction Input Prices Down Year Over Year for Second Straight Month, Says ABC

11May

by Erika Walter

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WASHINGTON, May 11—Construction input prices increased 0.2% in April 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 rose 0.4% for the month.

Construction Adds 15,000 Jobs in April, Says ABC

05May

by Erika Walter

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WASHINGTON, May 5—The construction industry added 15,000 jobs on net in April, 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 expanded by 205,000 jobs, an increase of 2.7%.