Posts by tschmidt@abcnys.org
ABC Criticizes Mayor Adams’ “Historic Labor Agreements” as Misleading and Harmful
ABC Criticizes Mayor Adams’ “Historic Labor Agreements” as Misleading and Harmful In response to Mayor Eric Adams’ recent announcement of “historic labor agreements” covering $1 billion in capital projects, the Empire State Chapter of Associated Builders and Contractors (ABC) is highlighting the misinformation underpinning this decision and its detrimental impact on New York City’s construction…
Read MoreABC Empire State Chapter Member Named to National Executive Committee
ABC Empire State Chapter Member Named to National Executive Committee ABC National – Associated Builders and Contractors today announced that David Pugh, a partner at Bradley in Birmingham, Alabama, was elected 2025 chair of ABC National Board of Directors during its meeting at the association’s annual Leadership Institute in Scottsdale, Arizona. “Nothing could be more…
Read MoreABC Applauds Court Decision Upending DOL’s Unlawful Overtime Rule
ABC Applauds Court Decision Upending DOL’s Unlawful Overtime Rule WASHINGTON, Nov. 15—Associated Builders and Contractors today applauded the decision of the U.S. District Court for the Eastern District of Texas, which set aside the U.S. Department of Labor’s controversial 2024 final rule, Defining and Delimiting the Exemptions for Executive, Administrative, Professional, Outside Sales, and Computer Employees. The rule…
Read More2024 Election Guide
Welcome to our comprehensive guide on the 2024 election results, explicitly tailored for ABC members. This guide provides insights into the key races that will impact our industry. As we navigate the post-election environment, this resource aims to equip you with the information needed to stay informed. Federal Election Results ABC’s National PAC and the Free…
Read MoreSeptember Nonresidential Construction Spending Up By 0.1%
September Nonresidential Construction Spending Up By 0.1% WASHINGTON, Nov. 1—National nonresidential construction spending increased 0.1% in September, 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 $1.22 trillion. Spending was up on a monthly basis in half of…
Read MoreABC’s Construction Backlog Indicator Rebounds in September, Contractor Confidence Improves
ABC’s Construction Backlog Indicator Rebounds in September, Contractor Confidence Improves WASHINGTON, Oct. 15—Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 8.6 months in September, according to an ABC member survey conducted Sept. 20 to Oct. 4. The reading is down 0.4 months from September 2023. View the full Construction Backlog…
Read MoreMinimum Wage Increase for Federal Contract Workers Takes Effect Jan. 1
Minimum Wage Increase for Federal Contract Workers Takes Effect Jan. 1 On Sept. 30, the U.S. Department of Labor’s Wage and Hour Division issued an annual update to the hourly minimum wage for federal contract workers covered by Executive Order 14026, Increasing the Minimum Wage for Federal Contractors, in the Federal Register. Effective Jan.1, 2025, the EO 14026…
Read MoreConstruction Employment Increased by 25,000 in September
Construction Employment Increased by 25,000 in September WASHINGTON, Oct. 4—The construction industry added 25,000 jobs on net in September, 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 is up by 238,000 jobs, an increase of 3.0%. Nonresidential construction…
Read MoreABC Joins White House Roundtable on Addiction Recovery-Ready Workplaces
ABC Joins White House Roundtable on Addiction Recovery-Ready Workplaces Associated Builders and Contractors today participated in a White House-sponsored roundtable discussion, “Recovery in the Workplace: Investing to Build the Workforce of Tomorrow,” which convened more than a dozen leading corporations, business groups and government leaders at the White House in Washington, D.C., to highlight the…
Read MoreConstruction Input Prices Inch Up in August, but Lower Than 1 Year Ago
Construction Input Prices Inch Up in August, but Lower Than 1 Year Ago Construction input prices increased 0.1% in August 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 increased 0.2% for the month. Prices…
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