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ABC: Construction backlog inches lower, staffing levels expected to grow
Contractors remain optimistic that business conditions will improve through the first half of 2025, and a majority intend to increase staffing levels over the next six months.
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Industry associations oppose DOL overtime rule
National Demolition Association and Associated Builders and Contractors have criticized the final rule, which will change overtime regulations under the Fair Labor Standards Act.
NEPA revisions could delay critical infrastructure, ABC says
ABC says new NEPA regulations will make it more difficult to build important projects and are a step backward for critical infrastructure.
ABC: Contractor confidence improves in March
Backlog is down over the past year for every region except for the Middle States, which now has the second-largest backlog of any region.
ABC: Backlog falls in February, but contractors remain confident
Backlog fell for every contractor size except those with under $30 million in annual revenues in February.
Construction workforce shortage tops half a million
Associated Builders and Contractors says the industry will need to attract an estimated 501,000 additional workers in 2024 to meet labor demands.
Construction job openings reach record high in November
The construction industry had 459,000 job openings on the last day of November 2023, according to an Associated Builders and Contractors analysis.
ABC: Construction job openings up 25K from last year
Industry job openings decreased by 4,000 in October but are up by 25,000 from the same time last year.
Construction employment rises in September
Construction employment in September totaled 8,014,000, with a gain of 11,000 jobs from August.
Broad-based construction spending up
While spending on construction is up, finding qualified workers continues to challenge firms.