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, June 24—Associated Builders and Contractors President and CEO Michael Bellaman today released the following statement regarding President Biden’s announcement signaling a bipartisan agreement on a $953 billion infrastructure plan.

WASHINGTON, June 24—Associated Builders and Contractor today announced that it has awarded an Inclusion, Diversity and Equity Initiative Grant to ABC of Michigan and its Greater Houston, Ohio Valley and Pacific Northwest chapters.

WASHINGTON, June 15—Construction input prices increased 4.6% 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 increased 4.8% for the month.

WASHINGTON, June 10—Today, Annie Mecias-Murphy, co-owner and president of Associated Builders and Contractors member JA&M Developing Corp., headquartered in Pembroke Pines, Florida, testified before the U.S. House of Representatives Small Business Committee Subcommittee on Contracting and Infrastructure on the negative impacts that the Biden administration’s infrastructure plan would have on small business contractors.

WASHINGTON, June 10—The Construction Industry Safety Coalition today issued the following statement on the Occupational Safety and Health Administration’s decision to apply an Emergency Temporary Standard on COVID-19 only to the healthcare industry.  

WASHINGTON, June 17—Associated Builders and Contractors today announced P. Bianca Domally has joined the association as chief financial officer.

WASHINGTON, June 15— Associated Builders and Contractors reports today that its Construction Backlog Indicator rose to 8.0 months in May, according to an ABC member survey conducted from May 20 to June 2, 0.1 months higher than in April 2021 and May 2020.

WASHINGTON, June 8—Associated Builders and Contractors announced today that Tia Perry, formerly ABC’s director of business development and partnerships, will now serve as its director of inclusion, diversity and equity in support of ABC’s 69 chapters and 21,000 members.

WASHINGTON, June 4—The construction industry lost 20,000 jobs on net in May, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Overall, the industry has recovered 888,000 (79.8%) of the jobs lost during earlier stages of the pandemic.

WASHINGTON, June 1—National nonresidential construction spending declined 0.5% 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, nonresidential spending totaled $786.2 billion for the month.

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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