Originally posted on contractormag.com The construction industry added 19,000 jobs on net in March, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. After 23 months of recovery, construction employment has at last exceeded pre-pandemic levels. On a year-over-year basis, industry employment has expanded by […]
Originally posted on constructiondive.com | by By Joe Bousquin Dive Brief: Commodity prices will come down before the end of 2022 but supply chain issues will persist for years and a recession is on the horizon in 2023, a leading construction economist predicted. In a James Bond-themed presentation titled “No Time to Buy,” Associated Builders […]
Originally posted on pitandquarry.com | by By Jack Kopanski National nonresidential construction spending was down 0.1 percent in February, according to an Associated Builders & Contractors (ABC) analysis of U.S. Census Bureau data. On a seasonally adjusted annualized basis, nonresidential spending totaled $844.5 billion for the month. Spending was down on a monthly basis in 10 of […]
Originally posted on insurancejournal.com A federal judge in Texas has nixed the Biden Department of Labor’s withdrawal of a Trump administration rule governing whether a worker is an employee or an independent contractor. U.S. District Court Judge Marcia A. Crone reinstated the Trump independent contractor rule, finding that the DOL violated federal administrative procedures in […]
Originally posted on contractormag.com NCC highlights the career opportunities that construction can provide. More than 175 of the nation’s best carpenters, electricians, pipefitters, plumbers, welders and other construction craft professionals are set to compete in San Antonio on March 16 in Associated Builders and Contractors’ 33rd annual National Craft Championships. ABC’s NCC recognizes the men and […]
Originally posted on constructionbusinessowner.com The construction industry will need to attract nearly 650,000 additional workers on top of the normal pace of hiring in 2022 to meet the demand for labor, according to a model developed by Associated Builders and Contractors (ABC). “ABC’s 2022 workforce shortage analysis sends a message loud and clear: The construction industry desperately […]
By Tom Zind | Originally posted on ecmweb.com Biden EO mandating PLAs on $35 million and up federal construction projects draws ire and applause. Long controversial construction project labor agreements (PLAs) are back in the news with President Biden’s recent executive order requiring them on more federal projects, clashing with vigorous responses by construction industry interests. The […]
By Pam McFarland | Originally posted on enr.com Covid-19 has caused major disruptions in the construction workforce, and the expected infusion of funds from the Infrastructure Investment and Jobs Act (IIJA) will further pinch contractors’ ability to find enough workers to complete projects, according to the Associated Builders and Contractors. According to a newly released […]
WASHINGTON — Associated Builders and Contractors and a coalition of 19 associations and organizations representing the construction industry and business community sent a letter to Congress expressing support for the Fair and Open Competition Act (S. 403/H.R. 1284), sponsored by Sen. Todd Young, R-Ind., and Rep. Ted Budd, R-N.C, and strong opposition to government-mandated project […]
By Boyd Worsham, LEED AP | Originally posted on metalarchitecture.com The industry needs to work together to build awareness of construction careers Workforce fluctuations are true for any industry. The construction industry is no exception with its ever-changing disposition. With the occurrences of the last few years being unparalleled, this statement rings true even more […]