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

News Releases 2015

Study Finds That OSHA Underestimated Cost of Silica Rule by $4.5 Billion a Year

Thursday, March 26, 2015 11:38 AM
Washington, D.C. - A new report released today by the Construction Industry Safety Coalition (CISC) found that the Occupational Safety and Health Administration’s (OSHA) proposed silica standards for U.S. construction industry will cost the industry $5 billion per year—roughly $4 .5 billion per year more than OSHA’s estimates. The coalition cautioned that the flawed cost estimates reflect deeper flaws in the rule and urged the federal agency to reconsider its approach. Read the rest of entry »
In: News Releases 2015, Politics and Policy |

West Virginia Becomes 22nd State to Prohibit PLA Mandates

Thursday, March 26, 2015 10:28 AM
Charleston, W.VA- Associated Builders and Contractors (ABC) and ABC of West Virginia (ABCWV) today applauded Gov. Tomblin (D-W.V.) for signing the Establishing Fair and Open Competition in Governmental Construction Act (SB 409). The bill prohibits government entities from requiring contractors to enter into wasteful and discriminatory project labor agreements (PLAs) as a condition of performing work on publicly funded construction projects. Read the rest of entry »
In: News Releases 2015, Politics and Policy |

The Importance of Construction to State Economies

Monday, March 23, 2015 4:08 PM
From 1997 through 2013 (the latest year for which annual data are available), the value added by the private construction industry as a percentage of national gross domestic product (GDP) declined from a high of 6.14% (in 1997 and 1998) to a low of 3.69% in 2011 and then rose to the still-too-low 3.73% in 2013. Although this is an accurate look at the sector, it understates the impact of the construction industry on the economy.
Read the rest of entry »
In: News Releases 2015, Construction Economics |

ABC Applauds Law that Ensures Open Competition on Public Construction Projects

Monday, March 23, 2015 2:37 PM
Little Rock, Ark.– Associated Builders and Contractors (ABC) and ABC of Arkansas (ABCAR) today applauded Gov. Asa Hutchinson (R-Ark.) for signing the Fair and Open Competition in Governmental Construction Act (S.B. 426). The bill codifies and strengthens a 2005 executive order issued by Gov. Mike Huckabee (R-Ark.) that prohibits government entities from requiring contractors to enter into wasteful and discriminatory project labor agreements (PLAs) as a condition of performing work on publicly funded construction projects. Read the rest of entry »
In: News Releases 2015, Politics and Policy |

Passage of House Bill to Block NLRB’s Ambush Election Rule Will Protect Employer, Employee Rights

Thursday, March 19, 2015 8:49 AM
Washington, D.C. – Associated Builders and Contractors (ABC) released the following statement on the U.S. House of Representatives’ passage of a joint resolution to block the National Labor Relations Board’s (NLRB) ambush election rule.
Read the rest of entry »
In: News Releases 2015, Politics and Policy |

Electrical Training Manager Named ABC National Craft Instructor of the Year

Wednesday, March 18, 2015 11:38 AM
Washington, D.C. – Associated Builders and Contractors (ABC) has named Jonathan Sacks of Palmyra, Maine its Craft Professional of the Year. Sacks currently works as a transmission and distribution training manager at CIANBRO in Pittsfield, Maine. He received the honor March 6 during ABC’s National Craft Championships (NCC) and Workforce Conference in Fort Lauderdale, Fla. Read the rest of entry »
In: News Releases 2015, People and Awards |

Alabama Welder Named ABC National Craft Professional of the Year

Wednesday, March 18, 2015 11:32 AM
Washington, D.C. – Associated Builders and Contractors (ABC) has named Holley Thomas, Double Springs, Ala., as its Craft Professional of the Year. Thomas works as a foreman for KBR. Thomas received the honor March 6 during ABC’s National Craft Championships (NCC) and Workforce Conference in Fort Lauderdale, Fla. Read the rest of entry »
In: News Releases 2015, People and Awards |

Construction Materials Prices Rise for First Time in Six Months

Friday, March 13, 2015 9:52 AM
The largest monthly gain in petroleum prices in over three years caused construction materials prices to expand 0.4 percent in February, ending a six-month streak when prices failed to rise, according to the March 13 producer price index release by the Bureau of Labor Statistics. On a year-over-year basis, construction input prices fell 3.9 percent. Nonresidential construction input prices also rose 0.4 percent on a monthly basis and 4.9 percent on a yearly basis. Read the rest of entry »
In: News Releases 2015, Construction Economics, Materials Prices |

ABC Congratulates 2015 National Craft Championships Winners, Craft Instructor and Craft Professional of the Year

Tuesday, March 10, 2015 12:37 PM
Washington, D.C. – Associated Builders and Contractors (ABC) announced the winners of its National Craft Championships and named its Craft Instructor of the Year and Craft Professional of the Year during the Careers in Construction awards ceremony in Fort Lauderdale, Fla. The ceremony took place March 6 at the conclusion of ABC’s Workforce Development Conference.
Read the rest of entry »
In: News Releases 2015, People and Awards |

Nonresidential Construction Employment Up Again Despite Weather, Oil Price Fluctuations

Friday, March 6, 2015 11:45 AM
The U.S. construction industry added 29,000 jobs in February, according to the March 6 Bureau of Labor Statistics preliminary estimate. In addition, January’s construction estimate was revised upward from 39,000 to 49,000 net new jobs. Nonresidential construction added 12,000 net new jobs in February, with nonresidential specialty trade contractors and nonresidential building adding jobs while the heavy and civil engineering segment reduced employment. Read the rest of entry »
In: News Releases 2015, Employment, Construction Economics |
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