News – Page 8 – Central Electric Inspection Bureau

ABC: State Construction Unemployment Is Down in 32 States From a Year Ago

by Erika Walter

0

WASHINGTON, Feb. 6—The not seasonally adjusted national construction unemployment rate dropped 0.6% in December 2022 from a year ago, down from 5% to 4.4%, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. Thirty-two states had lower unemployment rates over the same period, Iowa and Missouri were unchanged and 16 states were higher.

Construction Adds 25,000 Jobs in January, Says ABC

03Feb

by Erika Walter

0

WASHINGTON, Feb. 3—The construction industry added 25,000 jobs on net in January, 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 294,000 jobs, an increase of 3.9%.

ABC’s Construction Executive Celebrates 20 Years, Redesigns Magazine

02Feb

by Erika Walter

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WASHINGTON, Feb. 2—Construction Executive, the magazine of the business of construction that is published by Associated Builders and Contractors, is celebrating its 20th anniversary this month by unveiling a completely redesigned version of the print magazine with its January-February 2023 issue as well as a new, dynamic content mix on its online platforms.

ABC: Nonresidential Construction Spending Dips 0.5% in December

01Feb

by Erika Walter

0

WASHINGTON, Feb. 1—National nonresidential construction spending decreased by 0.5% in December, 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 $943.5 billion for the month.

Construction Job Openings Surge by 82,000 in December, Says ABC

01Feb

by Erika Walter

0

WASHINGTON, Feb. 1—The construction industry had 413,000 job openings in December, 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 82,000 for the month and are up by 54,000 from December 2021.

ABC: A Record 88% of the US Construction Industry Workforce Does Not Belong to a Union

19Jan

by Erika Walter

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WASHINGTON, Jan. 19—Associated Builders and Contractors released the following remarks today regarding the U.S. Department of Labor Bureau of Labor Statistics’ annual Union Members Summary. According to 2022 data, the percent of construction industry wage and salary workers belonging to unions dropped to a record low of 11.7%, a decline from 12.6% in 2021.

Inflation Easing: Monthly Construction Input Prices Drop 2.7% in December, Says ABC

18Jan

by Erika Walter

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WASHINGTON, Jan. 18—Construction input prices fell 2.7% in December 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 also declined 2.7% for the month.

ABC’s Construction Backlog Indicator Flat in December at Highest Level Since Q2 2019

10Jan

by Erika Walter

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WASHINGTON, Jan. 10—Associated Builders and Contractors reports today that its Construction Backlog Indicator remained unchanged at 9.2 months in December, according to an ABC member survey conducted Dec. 20, 2022, to Jan. 5, 2023. The reading is one month higher than in December 2021.

ABC and Procore Announce Strategic Partnership

09Jan

by Erika Walter

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WASHINGTON, Jan. 9—Associated Builders and Contractors and leading global construction management software provider Procore, headquartered in Carpinteria, California, today announced they will expand their years-long relationship through a strategic partnership that will provide ABC members with trusted, innovative technologies and solutions to help better develop their people, win more work, create safer jobsites and increase profitability. Procore is the only ABC strategic partner that is a technology solutions provider.

Construction Employment Up By 28,000 in December, Says ABC

06Jan

by Erika Walter

0

WASHINGTON, Jan. 6—The construction industry added 28,000 jobs on net in December, 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 231,000 jobs or 3.1%.