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DOLā€™s Overtime Salary Level Threshold Increase Will Harm Small Businesses, Says ABC

DOLā€™s Overtime Salary Level Threshold Increase Will Harm Small Businesses, Says ABC Associated Builders and Contractors today issued the following statement opposing the U.S. Department of Laborā€™s final rule that will change overtime regulations under the Fair Labor Standards Act. The final rule increases the minimum annual salary level threshold for exemption in two phases:…

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ABC Members One-Stop Guide to the FY-25 State Budget

ABC Members One-Stop Guide to the FY-25 State Budget 19 days late… New York State finally has a budget deal in place. Lawmakers passed a whopping $237 billion budget early Saturday evening. This budget is $8 billion more than last year’s $229 billion budget. Most notably, the Governor made a deal on housing, which was…

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Construction Backlog Indicator Rebounds in March, Contractor Confidence Improves

Construction Backlog Indicator Rebounds in March, Contractor Confidence Improves Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 8.2 months in March from 8.1 months in February, according to an ABC member survey conducted March 20 to April 3. The reading is down 0.5 months from March 2023. View ABCā€™sĀ Construction Backlog…

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Construction Materials Prices Increase 0.4% in March

Construction Materials Prices Increase 0.4% in March WASHINGTON, April 11ā€”Construction input prices increased 0.4% in March compared to the previous month, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statisticsā€™ Producer Price Index data released today. Nonresidential construction input prices also increased 0.4% for the month. Both overall and…

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Prevailing Wages on Off-site Prefab Will Cost NY Thousands of Jobs

Prevailing Wages on Off-site Prefab Will Cost NY Thousands of Jobs ABC opposes the New York State Legislature’s proposed legislation to mandate prevailing wage mandates on construction work performed at an offsite custom fabrication facility. If passed, this law will drive the custom fabrication industry out of the state and eliminate union and nonunion jobs,…

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Queens Assemblymember David Weprin sponsors bill that would make staged construction accidents a Class E felony

Queens Assemblymember David Weprin sponsors bill that would make staged construction accidents a Class E felony By Athena Dawson QNS: Queens News, Sports, Entertainment & Community On Tuesday, Mar. 5, Queens Assemblymember David Weprin (D-24), held a press conference in Albany to announce his sponsorship of a new bill that would make staged construction accidents…

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Sampson Speaks at Presser Supporting Penalties for Staging Construction Site Accident

Sampson Speaks at Presser Supporting Penalties for Staging Construction Site Accident At a press conference at the New York State Capitol last Tuesday, ABC Empire State Chapter President Brian Sampson spoke in support of legislation aimed at fighting workers’ compensation fraud in New York. The legislation (S.8413/ A898) sponsored by Senator Breslin and Assemblyman Weprin…

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Unions Finally Come Clean

Unions Finally Come Clean By ABC Empire State Chapter President Brian Sampson In aĀ recent articleĀ published by Biznow about declining union membership numbers in construction, the author stated construction unions have a fork in the road ahead of them, and they’re correct. However, they misidentified what the options are. It’s the politicians, not the building trades,…

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ABC: Government-Registered Apprenticeship Programs Not Keeping Up With Construction Industry Needs

ABC: Government-Registered Apprenticeship Programs Not Keeping Up With Construction Industry Needs WASHINGTON, Feb. 22ā€”At current rates of participation and completion, federal and state government-registered apprenticeship programs will fail to meet the construction industryā€™s short- and long-term skilled workforce needs, according to an Associated Builders and Contractors analysis of recently released U.S. Department of Labor data.…

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Prevailing Wage Means Doom & Delays

Prevailing Wage Means Doom & Delays New York State, as a whole, is experiencing a crippling housing crisis that is leaving families with nowhere to turn. This crisis is even more extreme in New York City, which is experiencing a vacancy rate of just 1.4%, the lowest it has been in almost 60 years, according…

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