ABC’s Construction Backlog Indicator is the only economic indicator that reflects the amount of work that will be performed by commercial and industrial construction contractors in the months ahead. The Construction Confidence Index is a diffusion index that signals construction contractors’ expectations for sales, profit margins and staffing levels. View the methodology for both indicators. 

 

News Releases

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News Releases

WASHINGTON, May 30—Associated Builders and Contractors (ABC) today applauded Gov. Eric Greitens (R-Mo.) for signing legislation into law that will promote fair and open competition on contracts for construction services funded by Missouri taxpayers. SB 182 ensures controversial project labor agreements (PLAs) cannot be mandated by the government on state, state-assisted and local construction projects, guaranteeing that the almost three out of four members of Missouri’s private construction workforce who have chosen not to join a labor union can fairly compete to work on projects funded by their own tax dollars.

WASHINGTON, D.C., May 30—April not seasonally adjusted (NSA) construction unemployment rates were down in 22 states and unchanged in two (Arkansas and California) on a year-over-year basis, according to analysis released today by Associated Builders and Contractors (ABC). However, the national NSA construction unemployment rate of 6.3 percent was up 0.3 percent from April 2016, according to data from the U.S. Bureau of Labor Statistics (BLS).

WASHINGTON, D.C., May 25— A study released today by The Beacon Hill Institute found that Ohio schools built under government-mandated project labor agreements (PLAs) cost 13.12 percent more than schools that were bid and constructed through fair and open competition, free from PLA requirements. The study looked at 88 schools built in Ohio since 2000 and found that those built under a PLA mandate cost $23.12 more per square foot than projects built without PLA mandates.

WASHINGTON, D.C., May 2—March not seasonally adjusted (NSA) construction unemployment rates were down in nationally and in 27 states and unchanged in two on a year-over-year basis, according to analysis released today by Associated Builders and Contractors (ABC). The national NSA construction unemployment rate of 8.4 percent was down 0.3 percent from March 2016, according to data from the U.S. Bureau of Labor Statistics (BLS).

WASHINGTON, D.C., May 1— Associated Builders and Contractors (ABC) celebrates Safety Week 2017 with a call for the construction industry to pledge support for substance abuse prevention and implement additional safety processes that lead to world-class safety performance. According to a recent ABC report, member construction firms with a substance abuse program in place reduce their incident rates by more than one-third compared to the industry average, and those that implement proactive best practices in 20 key safety components reduce recordable incidents by up to 87 percent.

ABC construction economic releases are published according to this schedule in 2023

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