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 monthly archives: May 2020

We are pleased to present below all posts archived in 'May 2020'. If you still can't find what you are looking for, try using the search box.

ABC Urges Swift Action in the Senate to Enact Paycheck Protection Program Fixes

Thursday, May 28, 2020 2:14 PM

WASHINGTON, May 28—Associated Builders and Contractors Vice President of Legislative and Political Affairs Kristen Swearingen today lauded the passage of H.R. 7010, the Paycheck Protection Flexibility Act, by the U.S. House of Representatives and urged the U.S. Senate to quickly take up the legislation:

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In: Politics and Policy, News Release 2020 |

ABC Launches Safe and Healthy Construction Pledge

Thursday, May 28, 2020 10:03 AM

WASHINGTON, May 28—Associated Builders and Contractors recently launched the Safe and Healthy Construction Pledge, an industry-wide call to action to redouble construction jobsite safety commitments under new protocols due to the coronavirus outbreak. Open to all U.S. contractors and industry associations, the pledge calls for prevention, preparedness and response plans to prevent injuries and disease and safeguard total human health.

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In: Workforce and Safety, News Release 2020 |

ABC Members Provided Education for 1.1 Million Course Attendees in 2019, New Survey Finds

Thursday, May 21, 2020 9:40 AM

WASHINGTON, May 21—According to the results of Associated Builders and Contractors 2020 Workforce Development Survey, ABC contractor members invested $1.5 billion on workforce development initiatives in 2019, providing craft, leadership and safety education to 1.1 million course attendees to advance their careers in commercial and industrial construction. Safety education accounted for nearly half of the total workforce investment, averaging $1,147 per employee annually.

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In: Workforce and Safety, News Release 2020 |

ABC Names 2020 Craft Instructor of the Year

Tuesday, May 19, 2020 9:15 AM

WASHINGTON, May 19—Associated Builders and Contractors today announced Bryan Gamble, a certified electrical contractor and instructor for the ABC Greater Tennessee Chapter, was named the 2020 Craft Instructor of the Year. Gamble will be honored during the Careers in Construction Awards at ABC Convention 2020 in Nashville, Tennessee, on Aug. 19.

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In: People and Awards, News Release 2020 |

ABC Names the 2020 Craft Professional of the Year

Tuesday, May 19, 2020 9:15 AM

WASHINGTON, May 19—Associated Builders and Contractors today announced Ron Cayton, general superintendent, Gaylor Electric, Charlotte, North Carolina, was named the 2020 Craft Professional of the Year. Cayton will be honored during the Careers in Construction Awards at ABC Convention 2020 in Nashville, Tennessee, on Aug. 19.

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In: People and Awards, News Release 2020 |

ABC Names the 2020 Young Professional of the Year

Tuesday, May 19, 2020 9:15 AM

WASHINGTON, May 19—Associated Builders and Contractors today announced Brandon Mabile, business development manager, Performance Contractors, Houston, received ABC’s 2020 Young Professional of the Year Award. Mabile will be honored during the Careers in Construction Awards at ABC Convention 2020 in Nashville, Tennessee, on August 19.

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In: People and Awards, News Release 2020 |

ABC Economist: From All Systems Go to a Deep Recession in One Month

Friday, May 15, 2020 10:47 AM

WASHINGTON, May 15—Associated Builders and Contractors Chief Economist Anirban Basu warned the economic recovery following the COVID-19 outbreak would be quite different for the nonresidential construction industry compared to previous recessions, according to an economic outlook published in Construction Executive magazine.

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In: Construction Economics, News Release 2020 |

Drop in April Construction Input Prices Could Help Stabilize Nonresidential Construction Sector, Says ABC

Wednesday, May 13, 2020 12:15 PM

WASHINGTON, May 13—Construction input prices fell 4.4% in April from the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index data released today. Nonresidential construction input prices declined 4.2% for the month.

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In: Construction Economics, Materials Prices, News Release 2020 |

ABC, AICPA, NFIB, S Corporation Association and Other Small Business Advocates Say SBA Must Issue More Clear Guidance on PPP Loan Forgiveness, Focus on Program’s Intent

Tuesday, May 12, 2020 4:11 PM

WASHINGTON, May 12—Today, Associated Builders and Contractors, American Institute of CPAs, National Federation of Independent Business, the S Corporation Association and four other small business advocates issued the following statement in response to the lack of clear and consistent guidance from the Department of the Treasury’s and Small Business Administration’s on the Paycheck Protection Program. The statement is also supported by the National Electrical Contractors Association, American Council of Engineering Companies and the National Association of Wholesaler-Distributors. Together, these groups represent the voice of several million small businesses.

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In: Politics and Policy, News Release 2020 |

ABC’s Construction Backlog Indicator Falls in April; Contractor Confidence Rebounds from Historic Lows

Tuesday, May 12, 2020 9:10 AM

WASHINGTON, May 12—Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 7.8 months in April, the series’ lowest reading since the third quarter of 2012. Based on an ABC member survey conducted April 20-May 4, the results indicate that confidence among U.S. construction industry leaders inched higher last month compared to the historically low levels observed in the March survey.

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In: Construction Backlog Indicator, Construction Confidence Index, Construction Economics, News Release 2020 |
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