ABC’s Construction Backlog Indicator is the only economic indicator that reflects the amount of work that will be performed by commercial and industrial construction contractors in the months ahead. The Construction Confidence Index is a diffusion index that signals construction contractors’ expectations for sales, profit margins and staffing levels. View the methodology for both indicators. 

 

News Releases

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News Releases

WASHINGTON, D.C., April 28— Associated Builders and Contractors (ABC) today praised President Trump for taking important steps to create a pro-growth business environment in a statement from ABC President and CEO Michael Bellaman.

WASHINGTON, D.C., April 27— Associated Builders and Contractors (ABC) today congratulated R. Alexander Acosta on being confirmed as secretary of the U.S. Department of Labor (DOL) in a statement from President and CEO Michael Bellaman.

Associated Builders and Contractors (ABC) today applauded Gov. Scott Walker (R-Wis.) for signing legislation into law that will promote fair and open competition on contracts for construction services funded by Wisconsin taxpayers. The bill, SB 3, will ensure that the government cannot mandate controversial project labor agreements (PLAs) on state, state-assisted and local construction projects, guaranteeing that the almost three out of four members of Wisconsin’s private construction workforce who have chosen not to join a labor union can work on projects funded by their own tax dollars.

WASHINGTON, D.C., April 13—Associated Builders and Contractors (ABC) today applauded Gov. Terry Branstad (R-Iowa) for signing legislation into law that will promote fair and open competition on contracts for construction services funded by Iowa taxpayers. The bill, SF 438, will ensure that the government cannot mandate controversial project labor agreements (PLAs) on state, state-assisted and local construction projects, guaranteeing that the 85 percent of Iowa’s private construction workforce that has chosen not to join a labor union can work on projects funded by their own tax dollars.

WASHINGTON, D.C., April 5— Construction unemployment rates were down in 25 states and unchanged in four in February on a year-over-year basis, according to analysis released today by Associated Builders and Contractors (ABC). The national not seasonally adjusted (NSA) construction unemployment rate of 8.8 percent was up 0.1 percent from February 2016, according to data from the U.S. Bureau of Labor Statistics (BLS).

WASHINGTON, D.C., April 4— Associated Builders and Contractors (ABC) today commended President Trump for signing a resolution into law eliminating the Obama administration’s controversial “Volks rule” (formally known as Clarification of an Employer’s Continuing Obligation to Make and Maintain an Accurate Record of Each Recordable Injury and Illness final rule). Congress passed the resolution through the Congressional Review Act (CRA).

ABC construction economic releases are published according to this schedule in 2023

For media inquiries, please contact Erika Walter, ABC director of media relations, at [email protected].

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