ABC issues news releases on the latest workforce, policy and industry issues, as well as construction-related economic data and trends. Commercial and industrial construction economic analyses include federal data on construction spending, employment, job openings and the Producer Price Index. 

In addition, ABC produces the Construction Backlog Indicator, the only economic indicator that reflects the amount of work that will be performed by commercial and industrial construction contractors in the months ahead, and the Construction Confidence Index, a diffusion index that signals construction contractors’ expectations for sales, profit margins and staffing levels. Methodology for both indicators can be found here. ABC construction economic releases are published according to this schedule for 2023.  

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From category archives: News Releases

Politics and Policy

Making Tax Deductions Permanent Will Expand Economic Growth, Says ABC

Monday, April 15, 2019 9:17 AM
WASHINGTON, April 15—According to Associated Builders and Contractors, the U.S. construction industry is still benefiting from the Tax Cuts and Jobs Act, which has helped small business owners grow their companies and workforce since its passage in December 2017. On Tax Day, ABC called on Congress to make the individual and pass-through small business deductions permanent—currently scheduled to sunset in 2025—and repeal the alternative minimum tax and the estate tax. Read the rest of entry »
In: Politics and Policy, News Releases 2019 |

ABC Backs Bill to Increase Competition on Taxpayer-funded Construction Contracts

Thursday, March 28, 2019 2:44 PM
WASHINGTON, March 28—Associated Builders and Contractors today voiced its strong support for the Fair and Open Competition Act (H.R. 1858/S. 907), which will benefit taxpayers by encouraging more qualified construction companies to compete for federal and federally funded construction projects. The bill, introduced by Rep. Ted Budd (R-N.C.) and Sen. Todd Young (R-Ind.), prevents federal agencies and recipients of federal funding from requiring contractors to sign controversial project labor agreements as a condition of winning federal or federally assisted construction contracts.   Read the rest of entry »
In: Politics and Policy, News Releases 2019 |

New Kentucky Law a Win-Win for Construction Industry, State Economy, Says ABC

Monday, March 25, 2019 10:31 AM
WASHINGTON, March 25—Associated Builders and Contractors lauded Kentucky Gov. Matt Bevin (R) today for signing into law the Fair and Open Competition Act (HB 135), which ensures all of Kentucky’s skilled construction workforce and qualified businesses can compete on a level playing field for contracts to build state and local public works projects. Read the rest of entry »
In: News Releases 2018, Politics and Policy |

ABC Lauds Workforce Development, Infrastructure Priorities in President Trump’s State of the Union Speech

Tuesday, February 5, 2019 9:02 PM
WASHINGTON, Feb. 5—Associated Builders and Contractors President and Chief Executive Officer Michael D. Bellaman issued the following remarks on President Donald Trump’s State of the Union address. Read the rest of entry »
In: Politics and Policy, News Releases 2019 |

ABC Releases Annual Merit Shop Scorecard

Wednesday, November 28, 2018 10:55 AM
WASHINGTON, Nov. 28—Associated Builders and Contractors released its 2018 Merit Shop Scorecard today, an annual state ranking based on policies and programs that encourage open competition, education and job growth, and award construction contracts based solely on merit, regardless of labor affiliation. Read the rest of entry »
In: News Releases 2018, Politics and Policy |

ABC Highlights Economic Benefits of Tax Reform on Small Businesses in Congressional Testimony

Thursday, September 27, 2018 11:29 AM
WASHINGTON, Sept. 27—Larry Lopez, president and chief executive officer of Green JobWorks, Baltimore, and chairman of Associated Builders and Contractor’s Diversity Committee, testified today before the U.S. House of Representatives Subcommittee on Economic Growth, Tax and Capital Access on how recent economic growth is positively impacting local communities.   Read the rest of entry »
In: News Releases 2018, Politics and Policy |

ABC Calls for Expanding Apprenticeship Opportunities in Congressional Testimony

Thursday, July 26, 2018 10:40 AM
WASHINGTON, July 26—On behalf of Associated Builders and Contractors, Mike Holland, chief operating officer, MAREK Companies, testified today before the U.S. Senate Committee on Health, Education, Labor and Pensions about the need to modernize and expand apprenticeship opportunities in the United States. In his testimony, Holland outlined the construction industry’s workforce de Read the rest of entry »
In: News Releases 2018, Politics and Policy |

ABC, Industry Groups Urge President Trump to Reverse Obama-era Policy on Project Labor Agreements

Tuesday, July 24, 2018 3:40 PM
WASHINGTON, July 24, 2018—Associated Builders and Contractors joined a coalition of construction and business associations urging President Trump to eliminate government-mandated project labor agreements and allow all qualified contractors to compete for federal and federally assisted taxpayer-funded construction projects. Read the rest of entry »
In: News Releases 2018, Politics and Policy |

ABC Commits to Education Goals at White House ‘Pledge to America’s Workers’ Event

Thursday, July 19, 2018 4:09 PM
WASHINGTON, July 19—Associated Builders and Contractors signed on to President Trump’s “Pledge to America’s Workers” today, committing to educating and developing at least 500,000 construction workers over the next five years. Read the rest of entry »
In: News Releases 2018, Politics and Policy, Workforce and Safety |

ABC Applauds Rescission of the DOL’s Overreaching Persuader Rule

Tuesday, July 17, 2018 1:34 PM
WASHINGTON, July 17—Associated Builders and Contractors today issued the following statement in response to the U.S. Department of Labor’s announcement that it is rescinding the final persuader rule. Read the rest of entry »
In: News Releases 2018, Politics and Policy |
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