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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 

 
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ABC Member Describes Value of Careers in Construction to Congressional Panel

Contact: Donna Reichle (202) 595-1782              
[email protected]
                                                                For Immediate Release
 

WASHINGTON, D.C., May 17 
– Associated Builders and Contractors (ABC) member Shapiro & Duncan, Inc.’s Paul Tse today explained to Congress how a high school degree and technical education (CTE) program launched his successful career in construction. Tse, a project manager for the Rockville, Md.-based contractor, testified at a hearing of the U.S. House of Representatives Committee on Education and the Workforce titled “Helping Students Succeed by Strengthening the Carl D. Perkins Career and Technical Education Act.”

“It is time that students, guidance counselors, educators, parents and the American public recognize the fulfilling and lucrative careers that can be achieved in construction and skilled trades,” Tse said in written testimony submitted to the committee. “We must all work to remove any stigma that exists that choosing a CTE program over a traditional four year college is somehow ‘settling.’  Those four years I spent at Montgomery College and out in the field, I worked just as hard as students at colleges and universities.” 


According to the U.S. Bureau of Labor Statistics, the construction industry will face a shortage of 1.6 million skilled workers by 2022. Already more than four in five ABC members say they are facing a shortage of appropriately skilled labor, despite an annual workforce development investment of $1.1 billion.

“Instead of pushing kids down the ‘traditional’ path of college-prep, we should be pushing kids to explore learning opportunities that prepare them for college and a career,” Tse said. “Whether the destination is an engineering degree from the University of Maryland or a journeyman’s license from the state of Maryland, high schoolers should have equal opportunities to prepare for either pathway.”

ABC is working to address the worker shortage through more than 800 apprenticeship, craft training and safety training programs set up by its chapters around the country. The association has signed on to an industry pledge to hire 100,000 veterans—who already comprise 23 percent of the trade/craft workers employed by ABC members—in the construction workforce over the next five years. Additionally, ABC promotes life-long learning and achievement in the construction industry at every level through numerous competitionsawards programs and student outreach initiatives

Mr. Tse’s full testimony is available on the House Committee on Education and the Workforce’s website, a video of this morning’s hearing is also available below.

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Founded in 1950, Associated Builders and Contractors (ABC) is a national construction industry trade association representing nearly 21,000 members. Founded on the merit shop philosophy, ABC and its 70 chapters help members develop people, win work and deliver that work safely, ethically and profitably for the betterment of the communities in which ABC and its members work. Visit us at abc.org.






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