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, GDP 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 

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News Releases

From category archives: News Releases

News Releases 2017

Public Nonresidential Construction Spending Rebounds; Overall Spending Unchanged in February

Monday, April 3, 2017 12:01 PM
WASHINGTON, D.C., April 3—Nonresidential construction spending remained unchanged in February, according to analysis of U.S. Census Bureau data released today by Associated Builders and Contractors (ABC). The segment totaled $701.9 billion on a seasonally adjusted annualized rate for the month, marking the seventh consecutive month in which nonresidential spending sat above the $700 billion threshold. Read the rest of entry »

Majority of Florida Construction Firms Plan to Hire in ’17; Worker Availability a Major Concern

Monday, April 3, 2017 8:50 AM
WASHINGTON, D.C., April 3—Eighty-eight percent of Florida construction firms plan to increase hiring over the next six months and 84 percent anticipate experiencing more difficulty finding appropriately skilled labor, according to a report released today by Associated Builders and Contractors (ABC) of Florida. The inaugural Florida Contractor Confidence Index (Florida CCI) showed a statewide confidence reading for improving sales of 81, indicating the typical Florida contractor expects to be much busier in 2017. Read the rest of entry »

Contractor Confidence Ends 2016 Down but Still in Positive Territory

Wednesday, March 29, 2017 8:56 AM
WASHINGTON, D.C., MARCH 29— Expectations for 2017 have become less optimistic, but the majority of industrial and commercial construction contractors still expect growth this year, according to the latest Associated Builders and Contractors (ABC) Construction Confidence Index (CCI). Although all three diffusion indices in the survey — profit margins, sales and staffing levels—fell by more than five points, they remain well above the threshold of 50, which signals that construction activity will continue to be one of the few significant drivers of economic growth. Read the rest of entry »

House Committee Approves ABC-supported Bill to Increase Competition, Lower Costs on Federal Construction Contracts

Tuesday, March 28, 2017 11:18 AM
Washington, D.C., March 28—Associated Builders and Contractors (ABC) today applauded the House Committee on Oversight and Government Reform’s favorable reporting of the Fair and Open Competition Act (H.R. 1552) out of committee. The bill, introduced by Rep. Dennis Ross (R-Fla.), will boost competition on government construction projects and reduce building costs to taxpayers by preventing federal agencies from forcing contractors to sign controversial project labor agreements (PLAs) in order to compete to build federal and federally assisted construction contracts. Read the rest of entry »

Associated Builders and Contractors Praises President Trump for Eliminating Illegal Obama Blacklisting Rule

Monday, March 27, 2017 3:15 PM
WASHINGTON, D.C., March 27– Associated Builders and Contractors (ABC) today commended President Trump for signing a resolution into law effectively eliminating the Obama administration’s illegal “blacklisting” rule (formally known as the Fair Pay and Safe Workplaces final rule). Implementation of most of the rule’s onerous and duplicative reporting and disclosure requirements were temporarily blocked on Oct. 24 when a U.S. District Court judge ruled in favor of ABC’s lawsuit and granted a preliminary injunction. Read the rest of entry »

Construction Unemployment Rates Improve in 10 States Year-Over-Year

Thursday, March 23, 2017 8:45 AM
WASHINGTON, D.C., Mar 23— Construction unemployment rates (not seasonally adjusted (NSA)) were down in 10 states and unchanged in three in January on a year-over-year basis, according to analysis released today by Associated Builders and Contractors (ABC). For the nation and 37 states, rates were higher than in January 2016, ending 75 consecutive months of year-over-year declines. The national NSA construction unemployment rate of 9.4 percent was up 0.9 percent from January 2016, according to data from the U.S. Bureau of Labor Statistics (BLS). Read the rest of entry »

Senate Passes ABC-supported Resolution to Block Overreaching OSHA Recordkeeping Rule

Wednesday, March 22, 2017 5:25 PM
WASHINGTON, D.C., March 22– Associated Builders and Contractors (ABC) today applauded the U.S. Senate for joining the U.S. House of Representatives in passing a resolution (H.J. Res. 83) that will block implementation of the Occupational Safety and Health Administration’s (OSHA) “Volks” final rule (also known as Clarification of an Employer’s Continuing Obligation to Make and Maintain an Accurate Record of Each Recordable Injury and Illness) through the Congressional Review Act (CRA). Read the rest of entry »

Alabama Electrical Training Instructor Named ABC’s Craft Instructor of the Year

Wednesday, March 22, 2017 12:45 PM
WASHINGTON, D.C., March 23– Associated Builders and Contractors (ABC) has named its 2017 Craft Instructor of the Year: Roger Thompson of New Hope, Ala., electrical craft training instructor for the North Alabama Craft Training Foundation (NACTF) and chief electrical estimator at Jesse Stutts Inc., both in Huntsville, Ala. Thompson received the honor at ABC’s Careers in Construction awards ceremony on March 3 during the Workforce Week ’17 conference in Fort Lauderdale, Fla. Read the rest of entry »

ABC Report: Safety Best Practices Can Make Construction Companies 770% Safer

Wednesday, March 22, 2017 8:45 AM
WASHINGTON, D.C., March 22—Associated Builders and Contractors (ABC) recently released its 2017 Safety Performance Report to further the construction industry’s understanding of how to make jobsites safer through its Safety Performance Evaluation Process (STEP). Packed with infographics and practical takeaways, the report documents the dramatic impact of using proactive safety practices to reduce recordable incidents by up to 87 percent, making the best-performing companies 770 percent safer than the industry average. Read the rest of entry »

ABC Applauds Introduction of Fair and Open Competition Act in the U.S. House to Increase Competition, Lower Costs on Taxpayer-Funded Construction Projects

Thursday, March 16, 2017 4:20 PM
WASHINGTON, D.C., March 16— Associated Builders and Contractors (ABC) today welcomed the introduction of the Fair and Open Competition Act (H.R. 1552) in the U.S. House of Representatives by Rep. Dennis Ross (R-Fla.). ABC Vice President of Labor, Regulatory and State Affairs Ben Brubeck issued the following statement in support of the bill (S. 622), which was introduced in the U.S. Senate on March 14 by Sen. Jeff Flake (R-Ariz.) and would ensure controversial project labor agreements (PLAs) cannot be mandated on taxpayer-funded construction projects. 
Read the rest of entry »