News – Page 7 – Central Electric Inspection Bureau

ABC: Construction Job Openings Plummet by a Shocking 240,000 in January

by Erika Walter

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WASHINGTON, March 8—The construction industry reported 248,000 job openings in January, 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 fell sharply last month, down 240,000 on a monthly basis and 148,000 from the same time last year.

CHIPS Act: Coalition of Construction and Business Groups Question Inflationary Biden Policies for Semiconductor Plant Construction

07Mar

by Erika Walter

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WASHINGTON, March 7—A diverse group of 17 construction and business associations today urged the U.S. Department of Commerce to ensure taxpayer investments in the semiconductor industry are not needlessly constrained by anti-competitive and inflationary project labor agreement schemes imposed through after-the-fact regulatory action by the Biden administration.

ABC Announces Fifth Annual List of Top-Performing US Construction Contractors

07Mar

by Erika Walter

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WASHINGTON, March 7—Associated Builders and Contractors today released its fifth annual Top Performers publication, which lists its contractor members that build the country’s most enduring, innovative, high-quality construction projects, ranked by work hours.

Nonresidential Construction Spending Inches Higher in January, Says ABC

01Mar

by Grace Austin

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WASHINGTON, March 1—National nonresidential construction spending increased by 0.3% 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 $968.7 billion for the month.

ABC Applauds Introduction of Legislation To Promote Fair and Open Competition and Combat Anti-Competitive and Inflationary Project Labor Agreement Mandates

28Feb

by Erika Walter

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WASHINGTON, Feb. 28—Associated Builders and Contractors today voiced its strong support for the Fair and Open Competition Act (H.R. 1209 / S. 537), which has been reintroduced in the 118th Congress by Sen. Todd Young, R-Ind., in the U.S. Senate, and Rep. James Comer, R-Ky., in the U.S. House of Representatives on Feb. 27.

ABC Small Business Owner Member to Congress: Biden’s Regulatory Climate Is Threatening the American Dream for Entrepreneurs Nationwide

28Feb

by Erika Walter

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WASHINGTON, Feb. 28—Associated Builders and Contractors member Roy Heim, president of Heim Construction Co. Inc., Orwigsburg, Pennsylvania, today testified before the U.S. House of Representatives Small Business Committee during the hearing “From Nothing to Something: The Story of the American Dream.”

ABC: Congressional Democrats’ Reintroduction of the PRO Act Deals a Devastating Blow to Employees and Employers

27Feb

by Erika Walter

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WASHINGTON, Feb. 27—Associated Builders and Contractors today released the following statement ahead of congressional Democrats’ reintroduction of the Protecting the Right to Organize Act, which is set for Feb. 28. Among its many harmful provisions, the PRO Act would violate workers’ free choice and privacy rights, force unions on employees who have voted against such representation, cost millions of American jobs and threaten vital supply chains.

ABC: Construction Materials Prices Rise 1% in January; Up 5% From a Year Ago

16Feb

by Erika Walter

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WASHINGTON, Feb. 16—Construction input prices rose 1.3% in January, 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 1.1% for the month.

ABC’s Construction Backlog Indicator Down to Start 2023; Contractor Confidence Rises

14Feb

by Erika Walter

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WASHINGTON, Feb. 14—Associated Builders and Contractors reports today that its Construction Backlog Indicator declined 0.2 months to 9.0 in January, according to an ABC member survey conducted Jan. 20 to Feb. 3. The reading is 1.0 month higher than in January 2022.

Construction Workforce Shortage Tops Half a Million in 2023, Says ABC

09Feb

by Erika Walter

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WASHINGTON, Feb. 9—The construction industry will need to attract an estimated 546,000 additional workers on top of the normal pace of hiring in 2023 to meet the demand for labor, according to a proprietary model developed by Associated Builders and Contractors.