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 2021

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

ABC: A Bipartisan Infrastructure Deal Should Welcome the Entire Construction Industry to Rebuild America

Thursday, June 24, 2021 4:11 PM

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.

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ABC Awards Four Inclusion, Diversity and Equity Initiative Grants

Thursday, June 24, 2021 10:50 AM

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.

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ABC Welcomes New Chief Financial Officer

Thursday, June 17, 2021 9:50 AM

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

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ABC’s Construction Backlog Inches Higher in May; Materials and Labor Shortages Suppress Contractor Confidence

Tuesday, June 15, 2021 9:50 AM

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.

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Construction Input Prices Rise 4.6% in May; Softwood Lumber Prices Up 154% From a Year Ago, Says ABC

Tuesday, June 15, 2021 9:45 AM

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.

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Construction Groups See Biden Administration’s Decision to Exclude Construction From the COVID-19 Emergency Temporary Standard a Smart One

Thursday, June 10, 2021 2:35 PM

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.  

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ABC Member Testifies to Congress: President Biden’s Infrastructure Plan Would Devastate Small Business

Thursday, June 10, 2021 12:29 PM

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.

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ABC Announces Director of Inclusion, Diversity and Equity

Tuesday, June 8, 2021 9:50 AM

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.

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Construction Employment Decreases in May; Labor and Materials Shortages Frustrate Job Growth, Says ABC

Friday, June 4, 2021 10:00 AM

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.

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Nonresidential Construction Spending Decreases 0.5% in April, Says ABC

Tuesday, June 1, 2021 10:09 AM

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.

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