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: July 2021

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

ABC: Newly Confirmed Members Threaten NLRB’s Role as Neutral Arbiter of the Law

Thursday, July 29, 2021 11:16 AM

WASHINGTON, July 29—Following the U.S. Senate confirmation of President Biden’s nominees to serve as members of the National Labor Relations Board, Associated Builders and Contractors issued the following statement.

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U.S. Economy Expands in Second Quarter, Investment in Structures Contracts, Says ABC

Thursday, July 29, 2021 10:18 AM

WASHINGTON, July 29–The U.S. economy expanded at a 6.5% annualized rate in the second quarter of 2021, pushing overall gross domestic product above pre-pandemic levels. Investment in nonresidential structures, however, declined 7% for the quarter and has now contracted in six of the past seven quarters, according to an analysis by Associated Builders and Contractors of data released today by the U.S. Bureau of Economic Analysis.

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ABC: DOL’s Decision to Rescind 2020 Joint Employer Final Rule Disappointing, But Not Surprising

Thursday, July 29, 2021 9:22 AM

WASHINGTON, July 29—Associated Builders and Contractors today released the following statement on the U.S. Department of Labor’s rescission of the Joint Employer Status Under the Fair Labor Standards Act final rule.

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State Construction Unemployment Rates Down in 45 States From a Year Ago, Says ABC

Wednesday, July 28, 2021 9:50 AM

WASHINGTON, July 28—The not seasonally adjusted national construction unemployment rate was down 2.6% in June 2021 from a year ago and 45 states had lower unemployment rates over the same period, according to state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. Although not back to pre-pandemic levels, both overall employment and construction employment have demonstrated significant improvement during the past year.

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ABC to Senate: The PRO Act Is a Wolf in Sheep’s Clothing

Thursday, July 22, 2021 8:50 AM

WASHINGTON, July 22—Ahead of today’s U.S. Senate Committee on Health, Education, Labor and Pensions’ hearing on the Protect the Right to Organize Act, Associated Builders and Contractors released the following statement.

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Construction Input Prices Rise 2.8% in June, Says ABC

Wednesday, July 14, 2021 9:33 AM

WASHINGTON, July 14—Construction input prices increased 2.8% in June compared to the previous month, according to an Associated Builders and Contractors analysis of Producer Price Index data released today by the U.S. Bureau of Labor Statistics. Nonresidential construction input prices increased 2.9% for the month.

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ABC-Led Coalition Announces Six-Figure Advocacy Campaign

Tuesday, July 13, 2021 9:00 PM

WASHINGTON, July 14—Build America Local, a coalition of construction industry and business organizations led by Associated Builders and Contractors, today announced a six-figure issue advocacy campaign aimed at educating Americans and members of the U.S. Senate about controversial  government-mandated project labor agreements that reduce competition and increase costs for the construction of taxpayer-funded affordable housing, clean energy and infrastructure projects across America.

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ABC’s Construction Backlog Indicator and Contractor Confidence Index Rise in June

Tuesday, July 13, 2021 9:50 AM

WASHINGTON, July 13—Associated Builders and Contractors reports today that its Construction Backlog Indicator rose to 8.5 months in June, according to an ABC member survey conducted June 20-July 6, 0.5 months higher than in May 2021 and 0.4 months higher than in June 2020.

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Nonresidential Construction Sheds 22,600 Jobs in June Due Largely to Worker Shortages, Says ABC

Friday, July 2, 2021 9:49 AM

WASHINGTON, July 2—The construction industry lost 7,000 jobs on net in June, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Despite that setback, the industry has recovered 875,000 (78.6%) of the jobs lost during the earlier stages of the pandemic.

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ABC: Partisan House-passed Infrastructure Package Hurts American Workers and Small Businesses

Thursday, July 1, 2021 4:46 PM

WASHINGTON, July 1—Associated Builders and Contractors strongly opposes H.R. 3684, the INVEST in America Act, a partisan infrastructure bill that passed the U.S. House of Representatives today by a vote of 221-201. H.R. 3684 is a $715 billion surface transportation reauthorization and water infrastructure bill that represents House Democrat’s attempt to reauthorize the expiring 2015 Fast Act.

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