The Blog

The construction industry had just 276,000 job openings on the last day of November 2024, 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 position for which an employer is actively recruiting. Industry job openings increased by 17,000 last month but are down by 178,000 from the same time last year.

National nonresidential construction spending declined 0.1% in November, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.234 trillion. On a year-over-year basis, nonresidential construction spending is up 2.8%, approximately flat in inflation-adjusted terms.

Medford Wellington Service Company is clearly serious about its goal to provide its customers with one-stop shopping from southern Connecticut to Portland, ME.

Atlas doesn't shy away from challenging projects.  Last year, a Connecticut company called us because new concrete they had poured for their manufacturing floor was failing in spots and was too high in others.  The company that poured the defective floor had no idea how to fix it.  The general contractor called in a consultant to determine the best way to fix the floor and the consultant called Atlas.

Construction input prices were unchanged in November compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data. Nonresidential construction input prices increased 0.1% for the month.

The construction industry added 10,000 jobs on net in November, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data. On a year-over-year basis, industry employment has risen by 211,000 jobs, an increase of 2.6%.

Associated Builders and Contractors reported that its Construction Backlog Indicator remained unchanged at 8.4 months in November, according to an ABC member survey conducted Nov. 20 to Dec. 3. The reading is down 0.1 months from November 2023.

The construction industry had 249,000 job openings on the last day of October, 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 position for which an employer is actively recruiting. Industry job openings decreased by 9,000 for the month and are down by 164,000 from the same time last year.

The first time I served as ABC MA chair, things started fast and only seemed to accelerate from there.  Before I knew it, the year was coming to an end.  “Not this time,” I said to myself when I came back for a second time.  But here I am again, amazed that the year is coming to an end.

Construction input prices increased 0.3% in October compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data. Nonresidential construction input prices also increased 0.3% for the month.