Articles Tagged with ''ABC (Associated Builders and Contractors)''

Contractors report a shift in market momentum, with survey data showing signs of pressure in some sectors even as confidence holds above growth thresholds.

Roofing contractors face a deepening labor crunch as job growth stalls and stricter immigration enforcement shrinks an already small workforce.

The latest data from the Bureau of Labor Statistics shows construction input prices rose by 0.4% in July compared to the previous month.

The latest job numbers from the Bureau of Labor Statistics show slowed hiring in June, with companies laying off workers at a historically slow pace and remaining sluggish about hiring.

The construction industry added 15,000 jobs in June, bringing the year-over-year total to 121,000. However, rising costs, project delays and high interest rates are squeezing contractor margins.

Construction job openings rose slightly in May to 245,000 but remain down 35% from last year. Despite slow hiring, over half of contractors expect growth ahead.

President Donald Trump’s deportation policy reversals — initially shielding farms and hotels, then reversing course — leave roofing contractors exposed amid workforce raids and visa program gaps. Trade groups have been actively contacting members of Congress.

The Associated Builders and Contractors trade group, which has long opposed mandated project labor agreements, or PLAs, states that it will continue to challenge the project labor agreement mandate in court.

As tariffs rise and court battles play out, contractors are bracing for higher material costs and ways to stay ahead of the curve.