DOL Pauses Enforcement of Biden’s 2024 Independent Contractor Rule Cover Art

DOL Pauses Enforcement of Biden’s 2024 Independent Contractor Rule

By ABC
May 8, 2025
WASHINGTON, May 2—The U.S. Department of Labor’s May 1 announcement says it will pause enforcement of the 2024 Employee or Independent Contractor Classification Under the Fair Labor Standards Act final rule in current enforcement matters while the agency reviews this regulation. ...
Nonresidential Construction Added Jobs in April Despite Headwinds Cover Art

Nonresidential Construction Added Jobs in April Despite Headwinds

By ABC
May 7, 2025
WASHINGTON, May 2—The construction industry added 11,000 jobs in April, 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 grown by 143,000 jobs, an increas...
Nonresidential Construction Spending Plunges in March Cover Art

Nonresidential Construction Spending Plunges in March

By ABC
May 6, 2025
WASHINGTON, May 1—National nonresidential construction spending decreased 0.5% in March, 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 $1.2...
Predicting in Unpredictable Times: What Construction Companies Should Anticipate Throughout the Rest of 2025 Cover Art

Predicting in Unpredictable Times: What Construction Companies Should Anticipate Throughout the Rest of 2025

By Craig Tappel
April 30, 2025
The 2020s have been a bumpy ride for the construction industry, and it’s unlikely the path will smooth anytime soon. Economic, political and environmental uncertainties continue to cloud the outlook. The only sure thing for construction firm leaders is the need to recognize and t...
All But 4 States Had Construction Unemployment Rates Below 10% in March Cover Art

All But 4 States Had Construction Unemployment Rates Below 10% in March

By ABC
April 30, 2025
WASHINGTON, April 30—The national March 2025 not seasonally adjusted construction unemployment rate was 5.4%, unchanged from March 2024, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. The analy...
Construction Job Openings Decreased by 38,000 in March Cover Art

Construction Job Openings Decreased by 38,000 in March

By ABC
April 30, 2025
WASHINGTON, April 29—The construction industry had 248,000 job openings on the last day of March, 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 ...
Construction Futures: April 2025 Economic Roundup Cover Art

Construction Futures: April 2025 Economic Roundup

By Construction Executive
April 28, 2025
What We Learned in April: Construction Industry Outlook Darkens Construction-specific economic data released in April paint a somewhat upbeat picture of the industry’s recent performance. Nonresidential spending reached the highest level on record, contractors added jobs for the...
Four Ways to Master the Twists and Turns of Construction Project Change Orders Cover Art

Four Ways to Master the Twists and Turns of Construction Project Change Orders

By Joshua Miles
April 24, 2025
In an industry where projects often run over schedule and over budget, change orders, labor shortages and communication gaps can significantly reduce construction firms’ profits. Delays and budget hikes are often inevitable because of the nature of construction work where change...
Monthly Construction Economic Survey Shows Tariff Impacts Emerge Cover Art

Monthly Construction Economic Survey Shows Tariff Impacts Emerge

By ABC
April 16, 2025
WASHINGTON, April 15—Associated Builders and Contractors reported today that its Construction Backlog Indicator rose to 8.5 months in March, according to an ABC member survey conducted March 20 to April 6. The reading is up 0.3 months since March 2024. View ABC’s Construction Ba...
Executive Insights 2025: Leaders in Construction Financial Management Cover Art

Executive Insights 2025: Leaders in Construction Financial Management

By Construction Executive
April 7, 2025
Financial technology helps contractors get paid and pay out faster. What other benefits do fintech solutions offer? Guy Saxelby CEO and Co-Founder Earlytrade Fintech in construction can help solve one of the highest-impact problems facing the entire industry: cash flow. It’s ...

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Recession Has Already Begun in America: Anirban Basu on State of U.S. Construction Economy After ‘Liberation Day’ Tariffs Cover Art

Recession Has Already Begun in America: Anirban Basu on State of U.S. Construction Economy After ‘Liberation Day’ Tariffs

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The U.S. economy may have already begun receding even before the recent global tariffs and now 90-day pause.
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Nonresidential Construction Spending Rises to Highest Level on Record in February Cover Art

Nonresidential Construction Spending Rises to Highest Level on Record in February

By ABC
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How Construction Businesses Can Navigate Labor Shortage and Social Inflation Challenges  Cover Art

How Construction Businesses Can Navigate Labor Shortage and Social Inflation Challenges

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