News – Page 9 – Central Electric Inspection Bureau

ABC: Construction Job Openings Flat in November

by Erika Walter

0

WASHINGTON, Jan. 4—The construction industry registered 388,000 job openings in November, 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 declined by 2,000 last month but are up 22,000 from the same time last year.

Nonresidential Construction Spending Increases 1% in November, Says ABC

03Jan

by Erika Walter

0

WASHINGTON, Jan. 3—National nonresidential construction spending grew 0.9% in November, 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 $930.1 billion for the month.

ABC: New WOTUS Definition Muddies the Waters for Contractors

30Dec

by Erika Walter

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WASHINGTON, Dec. 30— Associated Builders and Contractors today issued the following statement from Vice President of Regulatory, Labor and State Affairs Ben Brubeck on the U.S. Army Corps of Engineers and U.S. Environmental Protection Agency’s final rule revising the definition of “waters of the United States.”

ABC: Florida and Arizona Are the Best States for Construction

15Dec

by Erika Walter

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WASHINGTON, Dec. 15—For the fourth time, Florida claimed the top spot in Associated Builders and Contractors’ eighth annual Merit Shop Scorecard, a ranking of all 50 states and the District of Columbia based on policies and programs that strengthen career pathways in construction, encourage workforce development and advocate for fair and open competition on taxpayer-funded construction projects.

Commercial, Institutional and Health Care Construction Drive ABC’s Backlog Indicator to Highest Level Since Q2 2019

13Dec

by Erika Walter

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WASHINGTON, Dec. 13—Associated Builders and Contractors reports today that its Construction Backlog Indicator increased to 9.2 months in November, according to an ABC member survey conducted Nov. 21 to Dec. 6. The reading is 0.8 months higher than in November 2021.

ABC: Construction Materials Prices Down 1% in November, Still Up 40% Since February 2020

09Dec

by Erika Walter

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WASHINGTON, Dec. 9—Construction input prices declined 0.9% in November 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 fell 0.8% for the month.

Construction Employment Increases by 20,000 in November, Says ABC

02Dec

by Erika Walter

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WASHINGTON, Dec. 2—The construction industry added 20,000 jobs on net in November, 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 248,000 jobs, an increase of 3.3%.

ABC: Nonresidential Construction Spending Down 0.3% in October

01Dec

by Erika Walter

0

WASHINGTON, Dec. 1—National nonresidential construction spending was down by 0.3% in October, 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 $898.4 billion for the month.

Construction Job Openings Decreased By 52,000 in October, Says ABC

30Nov

by Erika Walter

0

WASHINGTON, Nov. 30—The construction industry had 371,000 job openings in October, 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 decreased by 52,000 last month and are down 21,000 from the same time last year.

ABC: Treasury’s Clean Energy Tax Credit Guidance Provides Almost No Clarity

30Nov

by Erika Walter

0

WASHINGTON, Nov. 29—Associated Builders and Contractors released the following statement responding to guidance released today by the U.S. Treasury Department and Internal Revenue Service regarding tax credits for private clean energy projects funded by the Inflation Reduction Act conditioned on compliance with prevailing wage and government-registered apprenticeship requirements.