Construction Industry Must Attract 439,000 Workers in 2025
While less than last year's reported half-a-million workers needed, the construction industry is still seeking upwards of 400,000 to fill the skill-labor gap.
Court Rules Biden’s Project Labor Agreement Policy Illegal
In a victory for ABC members, the Biden administration PLA policy was recently ruled illegal.
Construction Materials Prices Inch Down 0.2% in December, Up 0.9% Year Over Year
Construction materials prices were down in December, but measure an increase overall for last year.
Construction Backlog Indicator Slips in December, Contractor Confidence Remains Elevated
Year over year, ABC's Construction Backlog Indicator is down 0.3 months December 2023 to December 2024.
Construction Underperforms Broader Economy in December Jobs Report
As the construction labor force stalled at year's end in 2024, the workforce only logged 8,000 jobs added in December.
Construction Labor Churn at Historic Lows in November
Construction hiring and firing came to a near-halt in November 2024, but both are anticipated to pick back up in the new year.
Nonresidential Construction Spending Dips 0.1% in November, Flat Year Over Year
While construction spending was down in November, its impact was negligible, and contractors remain optimistic with deregulation and tax cuts on the horizon.
Monthly Construction Input Prices Unchanged in November
Construction input prices hold steady at year's end, spurring confidence for 2025 among contractors.
U.S. Senate Blocks McFerran’s Confirmation as Labor Board Chair
In another win for ABC, NLRB Chair Lauren McFerran's third-term nomination was voted down in the senate.
Construction Backlog Indicator Holds Steady in November, Contractor Confidence Surges
Contractor confidence remains on an uptick as the construction backlog indicator remains consistent.
Construction Job Openings Down Nearly 40% From a Year Ago
Do fewer construction jobs available combined with fewer lay offs bode well for the future of the workforce?
Withdrawal of Biden Administration’s Apprenticeship Rule a Victory for ABC
Biden's latest regulation withdrawal proves a victory for ABC and apprentices industry-wide.
Storms Suppress Nonresidential Construction Spending in October
Devastation from Hurricanes Helene and Milton still lingers, affecting nonresidential construction spending.
ABC 2025 National Chair, Executive Committee Announced
Meet ABC's 2025 national chair, David Pugh, and executive committee members as they prepare to lead the industry into ABC's 75th year.
ABC Applauds Court Decision Upending DOL’s Unlawful Overtime Rule
The rollback benefits small businesses in the construction industry, namely in regard to workplace flexibility and career advancement opportunities.
Energy Prices Drive Construction Materials Costs 0.3% Higher in October
High energy prices are driving a slight surge in construction materials prices, but overall numbers remain lower than they were this time last year.
ABC’s Construction Backlog Indicator Slips in October, Contractor Confidence Remains Elevated
Backlog is down in October, but don't be fooled—this dip is consistent with October 2023, and contractors remain confident.
ABC Congratulates Merit Shop-Friendly Executive Branch and Senate
The White House and Senate will flip to GOP control for the next four years, boding well for merit-shop legislative efforts.
September Construction Job Openings, Distorted by Storms, Decrease by 40,000
There is more than meets the eye, especially when it comes to construction job openings for September.
Construction Backlog Indicator Rebounds in September, Contractor Confidence Improves
Confidence is key, and ABC's positive Construction Backlog Indicator trend is boosting confidence among its contractors.
Construction Input Prices Down 0.9% in September
Large decrease in oil prices contributes to decrease in overall input prices for September.