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

 In testimony today before the U.S. House of Representatives Committee on Education and the Workforce Subcommittee on Workforce Protections, Associated Builders and Contractors (ABC) General Counsel and shareholder with Littler Mendelson, P.C., Maurice Baskin said the Department of Labor’s (DOL) administration of the Davis-Bacon Act has, “hindered economic growth, increased the federal deficit and imposed an enormous paperwork burden on both contractors and the federal government.”

Economists from Associated Builders and Contractors (ABC), the American Institute of Architects and the National Association of Home Builders (NAHB) gave their perspectives on where the construction economy is headed during a June 17 online news conference. As a whole, the economic climate is improving, but recovery will continue to be slow unless more jobs are created.

Associated Builders and Contractors (ABC) today announced that former National Chairman James (Jim) W. Elmer, founder and president of James W. Elmer Construction Co., Spokane, Wash., received a Life Membership award. He was presented this honor June 18 at ABC’s National Board of Directors meeting in Washington, D.C.

Associated Builders and Contractors (ABC) today celebrated a victory after South Carolina Gov. Nikki Haley signed a bill (S.438) into law that will prohibit state government entities from requiring contractors to sign a project labor agreement (PLA) or other agreements with labor unions as a condition of performing work on public construction projects.

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

For media inquiries, please contact Erika Walter, ABC director of media relations, at [email protected].

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