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. 

 

WASHINGTON, Aug. 29—Associated Builders and Contractors issued a statement from Vice President of Regulatory, Labor and State Affairs Ben Brubeck on the U.S. Environmental Protection Agency and U.S. Army Corps of Engineers’ Aug. 29 final rule further revising the definition of “waters of the United States.”

“Unfortunately, these revisions fail to fully implement the U.S. Supreme Court’s ruling in Sackett v. Environmental Protection Agency, which placed clear boundaries on the scope of the federal government’s authority while maintaining reasonable environmental protections for America’s waterways.

“Instead, this rule, issued without meaningful opportunities for input from the construction industry and other stakeholders, will contribute to continued regulatory uncertainty and unnecessary delays for critical infrastructure projects across the nation. ABC urges the Biden administration to issue broader revisions to WOTUS in full compliance with the Supreme Court’s decision.”

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

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