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: March 2021

We are pleased to present below all posts archived in 'March 2021'. If you still can't find what you are looking for, try using the search box.

ABC Calls for Fair and Open Competition, Bipartisan Ideas in Infrastructure Plan

Wednesday, March 31, 2021 11:42 AM

WASHINGTON, March 31—Associated Builders and Contractors President and CEO Michael Bellaman today issued the following statement responding to President Biden’s announcement of a multitrillion-dollar infrastructure plan.

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ABC and Milwaukee Tool Announce Strategic Partnership

Wednesday, March 31, 2021 9:50 AM

WASHINGTON, March 31—Associated Builders and Contractors and leading tool manufacturer Milwaukee® Tool, headquartered in Brookfield, Wisconsin, today announced a strategic partnership that will provide ABC chapters and contractor members with solutions for a safer, profitable and more productive jobsite. Milwaukee Tool is the only manufacturer of power tools, hand tools, storage and accessories to be named as an ABC strategic partner.

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ABC Announces New Director of National Craft Championships

Thursday, March 25, 2021 1:31 PM

WASHINGTON, March 25—Associated Builders and Contractors announced today that it has hired Jarrell Jackson as the director of ABC’s National Craft Championships and Construction Workforce Awards.

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ABC: The Construction Industry Needs to Hire an Additional 430,000 Craft Professionals in 2021

Tuesday, March 23, 2021 4:25 PM

WASHINGTON, March 23—In 2021, construction companies will need to hire 430,000 more workers than they employed in 2020, according to an analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. The analysis also revealed that every $1 billion in extra construction spending generates an average of at least 5,700 construction jobs.

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ABC Statement on Senate Confirmation of Mayor Marty Walsh as Labor Secretary

Monday, March 22, 2021 6:00 PM

WASHINGTON, March 22— Associated Builders and Contractors President and CEO Michael Bellaman released the follow statement on U.S. Senate confirmation of Mayor Marty Walsh as the secretary of the U.S. Department of Labor.

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Monthly Construction Input Prices Rise 2.1% in February, Says ABC

Friday, March 12, 2021 9:44 AM

WASHINGTON, March 12—Construction input prices rose 2.1% in February 2021, 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 also increased 2.1% for the month.

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ABC Condemns Biden Administration’s Proposals to Rescind DOL’s Joint Employer and Independent Contractor Final Rules

Thursday, March 11, 2021 11:43 AM

WASHINGTON, March 11—Associated Builders and Contractors released the following statement from Vice President of Regulatory, Labor and State Affairs Ben Brubeck on the Biden administration’s proposals to rescind the U.S. Department of Labor’s joint employer and independent contractor final rules.

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ABC Announces Awards for Top Construction Projects, Safety and Diversity Excellence, Contractor of the Year and Careers in Construction Honorees

Thursday, March 11, 2021 9:50 AM

GRAPEVINE, Texas, March 11—Associated Builders and Contractors today announced the winners of its annual national awards—the Excellence in Construction,® Safety and Diversity Excellence, Contractor of the Year and Construction Workforce Awards—during ABC Convention 2021 in Grapevine, Texas.

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ABC Announces Award-Winning Construction Projects of 2020

Thursday, March 11, 2021 9:50 AM

GRAPEVINE, Texas, March 11—Associated Builders and Contractors today announced the presentation of the Excellence in Construction® Awards to 87 projects collectively worth nearly $2.7 billion during ABC Convention 2021 in Grapevine, Texas, on March 10. The EIC awards program is the construction industry’s leading national competition that honors general and specialty contractors for world-class, safe and innovative construction projects from across the nation.

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ABC Announces National Safety Leaders in the Construction Industry

Thursday, March 11, 2021 9:50 AM

GRAPEVINE, Texas, March 11—Associated Builders and Contractors today announced the 39 winning contractor companies of the 2020 National Safety Excellence Awards, which were presented at the 31st annual Excellence in Construction® Awards during ABC Convention 2021 in Grapevine, Texas, on March 10.

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