News
ABC’s Construction Backlog Indicator Contracts in April
WASHINGTON, June 18—Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 8.7 months in April 2019, down 0.8 months or 9% since March, when CBI stood at 9.5 months. “Given the ongoing expressions of confidence regarding...
ABC Submits Comments in Support of DOL’s Regular Rate Proposal
On June 12, ABC submitted comments to the U.S. Department of Labor’s Wage and Hour Division in support of its proposal to clarify and update the regulations governing regular rate requirements under section 7(e) of the Fair Labor Standards Act and offered the...
Construction Input Prices See Slight Increase in May, says ABC
Construction input prices rose slightly by 0.3% in May on a monthly basis and are up 0.6% over the last 12 months, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data released today. Nonresidential input prices were...
OSHA Publishes Webpage on Suicide Prevention
The U.S. Department of Labor’s Occupational Safety and Health Administration published a new webpagethat provides various resources for workers on suicide prevention. Resources on the OSHA webpage include contact information for the National Suicide Prevention...
Modest Increase in Nonresidential Spending in April, says ABC
According to an Associated Builders and Contractors analysis of U.S. Census Bureau data released today, national nonresidential construction spending rose 0.3% in April, totaling $792.6 billion on a seasonally adjusted annualized basis, which is a 6.4% increase...
ABC Applauds Passage of Texas Law Ensuring Fair and Open Competition
Associated Builders and Contractors today praised Texas Gov. Greg Abbott (R) for signing the Neutrality in State Government Contracting bill (HB 985), which protects Texas taxpayers by ensuring all of Texas’ skilled construction workforce can compete on a level...
ABC Members Ranked Among ENR’s Top 400 Contractors
Of the nation's top 25 construction companies, 24 are ABC members, according to Engineering News-Record's recently published annual list of the Top 400 Contractors. These successful contractors were ranked based on 2018 revenue. Bechtel (#1) Fluor Corp. (#2) Turner...
Trump Administration Releases Spring 2019 Regulatory Agenda
On May 22, the Trump administration released its Spring 2019 Unified Agenda of Regulatory and Deregulatory Actions. The agenda lists upcoming rulemakings and other regulatory actions from each agency that the administration expects to publish through the end of the...
ABC Comments on U.S. House Surprise Billing Draft Legislation
On May 28, as part of the Partnership for the Employer-Sponsored Coverage, ABC signed on to a letter to the U.S. House Energy and Commerce Committee supporting legislation to combat surprise billing in health care and providing key insight on the committee’s draft...
April Construction Unemployment Rates Down in 49 States Year Over Year, Says ABC
WASHINGTON, May 29—In April, for the second month in a row, estimated not seasonally adjusted construction unemployment rates fell nationally and in 49 states on a year-over-year basis, according to an analysis of U.S. Bureau of Labor Statistics data released today by...