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 hereABC construction economic releases are published according to this schedule for 2023 

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From monthly archives: June 2020

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

ABC Joins National Initiative to Address Inequality of Opportunity

Tuesday, June 23, 2020 9:15 AM

WASHINGTON, June 23—Associated Builders and Contractors today announced it is partnering with the U.S. Chamber of Commerce on a national initiative to address inequality of opportunity.

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ABC, NAHB Applaud D.C. Circuit Court Decision to Reject Lawsuit to Compel OSHA to Issue Emergency Temporary Standard for Infectious Diseases/COVID-19

Thursday, June 11, 2020 6:03 PM

WASHINGTON, June 11—Associated Builders and Contractors Vice President of Health, Safety, Environment and Workforce Development Greg Sizemore and National Association of Home Builders Chief Executive Officer Jerry Howard issued the following joint statement today on the D.C. Circuit Court’s decision to reject a lawsuit brought by the AFL-CIO to compel the Occupational Safety and Health Administration to issue an “emergency temporary standard” for infectious diseases/COVID-19:

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Construction Input Prices Rise in May, Says ABC

Thursday, June 11, 2020 11:02 AM

WASHINGTON, June 11—Construction input prices rose 0.8% in May compared to 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 rose by 0.8% for the month as well.

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ABC’s Construction Backlog Indicator Inches Higher in May; Contractor Confidence Continues to Rebound

Tuesday, June 9, 2020 9:10 AM

WASHINGTON, June 9—Associated Builders and Contractors reported today that its Construction Backlog Indicator rose to 7.9 months in May, an increase of less than 0.1 months from April’s reading. Furthermore, based on an ABC member survey conducted May 20-June 3, results indicate that confidence among U.S. construction industry leaders continued to rebound from the historically low levels observed in the March survey.

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Construction Employment Sees Record Rebound in May, Says ABC

Friday, June 5, 2020 10:57 AM

WASHINGTON, June 5—The construction industry added 464,000 net new jobs in May, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. May represented the largest monthly increase in construction jobs since the government began tracking employment in 1939, a drastic improvement from April, which recorded the industry’s largest month-over-month job loss.

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Nonresidential Construction Spending Falls in April, Says ABC

Monday, June 1, 2020 11:52 AM

WASHINGTON, June 1—National nonresidential construction spending decreased by 1.8% in April, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, spending totaled $801.8 billion for the month, a 0.9% increase from April 2019.

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ABC Report: Safety Best Practices Can Make Construction Companies 827% Safer

Monday, June 1, 2020 9:21 AM

WASHINGTON, June 1—Associated Builders and Contractors today released its 2020 Safety Performance Report, an annual assessment that furthers the construction industry’s understanding of how to achieve world-class safety through its STEP Safety Management System. Published in conjunction with National Safety Month, the report documents the dramatic impact of using proactive safety practices to reduce recordable incidents by up to 88%, making the best-performing companies 827% safer than the U.S. Bureau of Labor Statistics industry average.

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