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 […]
Tag: ABC
ABC: A Record 88% of the US Construction Industry Workforce Does Not Belong to a Union
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 […]
Inflation Easing: Monthly Construction Input Prices Drop 2.7% in December, Says ABC
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 […]
ABC’s Construction Backlog Indicator Flat in December at Highest Level Since Q2 2019
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 […]
ABC and Procore Announce Strategic Partnership
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 […]