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, GDP 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 

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From monthly archives: March 2022

We are pleased to present below all posts archived in 'March 2022'. If you still can't find what you are looking for, try using the search box.

ABC Names the 2022 Craft Professional of the Year

Wednesday, March 16, 2022 9:55 AM

SAN ANTONIO, March 16—Associated Builders and Contractors today announced Adam Haywood, electrical foreman and safety officer at Premier Power LLC, Tewksbury, Massachusetts, was named the 2022 Craft Professional of the Year. Haywood was honored at ABC Convention 2022 in San Antonio on March 15.

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ABC Announces Its 2022 Young Professional of the Year

Wednesday, March 16, 2022 9:55 AM

SAN ANTONIO, March 16—Associated Builders and Contractors today announced Luke Perry, vice president at Perry Contracting, Cincinnati, received ABC’s 2022 Young Professional of the Year Award. Perry was honored at ABC Convention 2022 in San Antonio on March 15.

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ABC Announces Its 2022 Construction Workforce Awards

Wednesday, March 16, 2022 9:55 AM

SAN ANTONIO, March 16—Associated Builders and Contractors today announced the winners of its annual, national Construction Workforce Awards, which includes Craft Instructor of the Year, Craft Professional of the Year and Young Professional of the Year. The winners were announced March 15, the first day of ABC Convention 2022 in San Antonio.

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ABC Hails Court Decision Blocking Biden Administration’s Independent Contractor Do-Over

Tuesday, March 15, 2022 3:04 PM

WASHINGTON, March 15—The U.S. District Court for the Eastern District of Texas today dealt a blow to the Biden administration’s efforts to delay and rescind the Trump administration’s 2021 independent contractor final rule in a decision applauded by Associated Builders and Contractors, which had sued to block those actions. Under the court’s decision, the ABC-supported rule went into effect as scheduled on March 8, 2021, and remains in effect today.

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Construction Input Prices Rise 2.6% in February, Says ABC

Tuesday, March 15, 2022 10:11 AM

WASHINGTON, March 15—Construction input prices increased 2.6% in February compared to the previous month, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices rose 2.5% for the month.

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ABC Construction Backlog Indicator Unchanged in February; Contractors Remain Confident

Tuesday, March 15, 2022 9:50 AM

WASHINGTON, March 15—Associated Builders and Contractors reported today that its Construction Backlog Indicator remained unchanged at 8.0 months in February, according to an ABC member survey conducted Feb. 21 to March 8. The reading is down 0.2 months from February 2021.

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Construction Input Prices Rise 2.6% in February, Says ABC

Tuesday, March 15, 2022 9:33 AM

WASHINGTON, March 15—Construction input prices increased 2.6% in February compared to the previous month, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices rose 2.5% for the month.

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ABC: Biden’s Proposed Davis-Bacon Act Reforms Are More Pork for Special Interests

Friday, March 11, 2022 11:58 AM

WASHINGTON, March 11—Associated Builders and Contractors today released the following statement from Ben Brubeck, ABC vice president of regulatory, labor and state affairs, in reaction to the U.S. Department of Labor’s proposed rule, Updating the Davis-Bacon and Related Acts Regulations. The 1931 Davis-Bacon Act and related regulations require contractors and subcontractors that perform work on federal and federally funded construction projects to pay a government-determined prevailing wage and benefit rate on an hourly basis to on-site construction workers. The Davis-Bacon Act and 71 active related acts collectively apply to an estimated $217 billion in federal and federally assisted construction spending per year and provide government-determined wage rates for an estimated 1.2 million U.S. construction workers.

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ABC Slams Biden Administration for Promoting Union Preferences in DOT Infrastructure Spending

Tuesday, March 8, 2022 6:59 PM

WASHINGTON, March 8—Associated Builders and Contractors today released the following statement criticizing a memorandum of understanding between the U.S. departments of Labor and Transportation advancing workforce policy initiatives on DOT-funded infrastructure projects, including controversial project labor agreements.

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ABC Announces Its 2022 Top-Performing U.S. Construction Contractors

Tuesday, March 8, 2022 9:45 AM

WASHINGTON, March 8—Associated Builders and Contractors today released its fourth annual Top Performers lists, which ranks its commercial and industrial contractor members that build long-lasting, high-quality construction projects, based on work hours. 

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