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 23—In testimony before a subcommittee of the U.S. House Committee on Education and the Workforce, Kwest Group President and Chairman of the Associated Builders and Contractors (ABC) National Safety and Health Committee Ryan Odendahl called for a collaborative effort between industry and the federal government to increase workplace safety and promote economic opportunity in the United States.

WASHINGTON, May 11—According to the final report of the Task Force on Apprenticeship Expansion, apprenticeship programs offer workers a career path with paid, on-the-job training and provide employers with highly trained workers, but they are insufficient to address the growing skills gap in many industries. Associated Builders and Contractors (ABC) commended the secretaries of labor, education and commerce for leading the task force comprised of representatives from industry, education and government to generate new ideas to expand the role of apprenticeships and help more individuals achieve the American Dream. The report was presented to the president in a meeting at the White House on May 10.

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

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