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 hereABC construction economic releases are published according to this schedule for 2023 

 

From category archives: News Releases

News Release 2021

ABC Director of Inclusion, Diversity and Equity Honored for Construction Diversity Efforts by Maryland Minority Contractors

Friday, November 19, 2021 9:45 AM

WASHINGTON, Nov. 19The Maryland Minority Contractors Association has awarded Tia Perry, Associated Builders and Contractors’ director of inclusion, diversity and equity, its annual Professional Commitment Award. Perry was honored for her leadership connecting minority businesses with general contractors to help them win work and providing educational opportunities to minority businesses across the country.

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Passage of Partisan Reconciliation Bill Harmful to U.S. Economy, Construction Industry, Says ABC

Friday, November 19, 2021 8:20 AM

WASHINGTON, Nov. 19—Associated Builders and Contractors released the following statement on today's passage of the partisan reconciliation bill by the U.S. House of Representatives.

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ABC Challenges Federal Contractor COVID-19 Vaccination Mandate in Georgia and Texas

Thursday, November 18, 2021 6:12 PM

WASHINGTON, Nov. 18—Associated Builders and Contractors and its chapters in Georgia and Texas today announced filings in support of pending suits by multiple states challenging President Biden’s COVID-19 vaccination mandate for federal contractors. ABC contends the unprecedented executive order exceeds the administration’s authority and is likely to increase costs and undermine economy and efficiency in federal contracting.

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ABC Publishes Inaugural Construction Technology Report

Thursday, November 18, 2021 9:45 AM

WASHINGTON, Nov. 18—Associated Builders and Contractors today released its inaugural Tech Report, a study of the innovative technology and tools that ABC contractor members are using on jobsites to be safer, more profitable and primed to win more work. The report was sourced from a survey conducted from March through May 2021. It details opportunities for construction contractors to improve their operations in project coordination, planning, estimating, production and scheduling.

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ABC Seeks to Overturn OSHA COVID Vaccination and Testing ETS

Tuesday, November 9, 2021 7:06 PM

WASHINGTON, Nov. 9—Associated Builders and Contractors and its Alabama chapter today filed a petition for review with the U.S. Court of Appeals in the 11th Circuit against the Occupational Safety and Health Administration for its COVID-19 vaccination and testing Emergency Temporary Standard, which applies to employers with 100 or more employees.

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Construction Input Prices See Largest Monthly Increase Since June, Says ABC

Tuesday, November 9, 2021 11:13 AM

WASHINGTON, Nov. 9—Construction input prices increased 1.5% in October, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices increased 1.4% for the month.

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ABC’s Construction Backlog Rebounds in October; Contractor Confidence in Sales and Profit Margins Falls

Tuesday, November 9, 2021 9:45 AM

WASHINGTON, Nov. 9— Associated Builders and Contractors reports today that its Construction Backlog Indicator rose to 8.1 months in October, according to an ABC member survey conducted from Oct. 20 to Nov. 2. The reading is up 0.5 months from September 2021 and 0.4 months from October 2020.

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Nonresidential Construction Employment Rises in October, Says ABC

Friday, November 5, 2021 9:54 AM

The construction industry added 44,000 jobs on net in October, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Overall, the industry has recovered 963,000, or 86.5%, of the jobs lost during earlier stages of the pandemic.

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ABC Statement on OSHA COVID-19 Vaccination and Testing ETS

Thursday, November 4, 2021 12:39 PM

WASHINGTON, Nov. 4—Associated Builders and Contractors today released the following statement on the Occupational Safety and Health Administration’s issuance of its COVID-19 vaccination and testing Emergency Temporary Standard, which applies to employers with 100 or more employees as required by President Biden’s Path Out of the Pandemic COVID-19 Action Plan.

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ABC to Congress: College Degrees Do Not Define Career Success

Thursday, November 4, 2021 10:00 AM

WASHINGTON, Nov. 4—Today, longtime construction industry leader, instructor and military veteran Frank Boecker testified on behalf of Associated Builders and Contractors before the U.S. House Committee on Small Business Subcommittee on Innovation, Entrepreneurship, and Workforce Development on the indispensable role that community colleges, trade schools and career and technical education programs play in the construction industry.

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For media inquiries, please contact Donna Reichle, ABC’s senior director of communcations and marketing at [email protected]

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