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

rss

News Releases

WASHINGTON, Feb. 27—Associated Builders and Contractors today released the following statement ahead of congressional Democrats’ reintroduction of the Protecting the Right to Organize Act, which is set for Feb. 28. Among its many harmful provisions, the PRO Act would violate workers’ free choice and privacy rights, force unions on employees who have voted against such representation, cost millions of American jobs and threaten vital supply chains.

ORLANDO, Florida, March 17—Associated Builders and Contractors today announced the 49 winning contractors of the 2022 National Safety Excellence Awards for their remarkable achievements in leadership, safety and innovation. The awards were presented at the 33rd annual Excellence in Construction® Awards during ABC Convention 2023 in Orlando, Florida, on March 16.

WASHINGTON, Feb. 28—Associated Builders and Contractors today voiced its strong support for the Fair and Open Competition Act (H.R. 1209  / S. 537), which has been reintroduced in the 118th Congress by Sen. Todd Young, R-Ind., in the U.S. Senate, and Rep. James Comer, R-Ky., in the U.S. House of Representatives on Feb. 27.

ORLANDO, Florida, March 17—Associated Builders and Contractors today named Performance Contractors Inc., headquartered in Baton Rouge, Louisiana, its 2023 Contractor of the Year. This award recognizes member companies for corporate integrity and commitment to safety, professional development and expert workforce development. The award was presented at the 33rd annual Excellence in Construction® Awards during ABC Convention 2023 in Orlando, Florida, on March 16.

ORLANDO, Florida, March 17—Associated Builders and Contractors has announced the winners of the 2022 National Inclusion, Diversity and Equity Excellence Awards, an annual recognition of ABC members that display exemplary IDE leadership in their company, workforce, supply chain and community with best-in-class recruitment policies, retention practices and training and mentoring programs. The winners were honored at the 33rd annual Excellence in Construction® Awards at ABC Convention 2023 in Orlando, Florida, on March 16.

WASHINGTON, Feb. 28—Associated Builders and Contractors member Roy Heim, president of Heim Construction Co. Inc., Orwigsburg, Pennsylvania, today testified before the U.S. House of Representatives Small Business Committee during the hearing “From Nothing to Something: The Story of the American Dream.”

ORLANDO, Florida, March 17—Associated Builders and Contractors today announced the winners of the Excellence in Construction® Awards—82 construction projects worth a total of $2.14 billion—at the 33rd annual EIC Awards Gala during ABC Convention 2023 in Orlando, Florida, on March 16. Winners of the EIC Innovation, Design-Build and Productivity awards were also announced. The EIC awards are the construction industry’s leading national competition that honors general and specialty contractors for world-class, safe and innovative construction projects from across the country.

ORLANDO, Florida, 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 at ABC Convention 2023 in Orlando, Florida.

ORLANDO, Florida, March 16—Associated Builders and Contractors today announced Matt Terry, executive vice president for TDIndustries, Dallas, received ABC’s 2023 Young Professional of the Year Award during ABC Convention 2023 in Orlando, Florida, on March 15.

ORLANDO, Florida, March 16—Associated Builders and Contractors today announced Jared Foster, senior general superintendent at Gaylor Electric, Noblesville, Indiana, is the 2023 Craft Professional of the Year. Foster was honored at ABC Convention 2023 in Orlando, Florida, on March 15.

ORLANDO, Florida, March 16—Associated Builders and Contractors today announced that Gabriel Galvan, Construction Prep Academy Instructor, ABC Indiana/Kentucky Chapter, Indianapolis, is the 2023 Craft Instructor of the Year. Galvan was honored at ABC Convention 2023 in Orlando, Florida, on March 15.

WASHINGTON, Feb. 16—Construction input prices rose 1.3% in January, 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 increased 1.1% for the month.

WASHINGTON, Feb. 14—Associated Builders and Contractors reports today that its Construction Backlog Indicator declined 0.2 months to 9.0 in January, according to an ABC member survey conducted Jan. 20 to Feb. 3. The reading is 1.0 month higher than in January 2022.

WASHINGTON, Feb. 7—Associated Builders and Contractors President and CEO Michael Bellaman released the following statement responding to President Joe Biden’s 2023 State of the Union address.

WASHINGTON, Feb. 9—The construction industry will need to attract an estimated 546,000 additional workers on top of the normal pace of hiring in 2023 to meet the demand for labor, according to a proprietary model developed by Associated Builders and Contractors.

WASHINGTON, Feb. 3—The construction industry added 25,000 jobs on net in January, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has risen by 294,000 jobs, an increase of 3.9%.

WASHINGTON, Feb. 2—Construction Executive, the magazine of the business of construction that is published by Associated Builders and Contractors, is celebrating its 20th anniversary this month by unveiling a completely redesigned version of the print magazine with its January-February 2023 issue as well as a new, dynamic content mix on its online platforms.

WASHINGTON, Feb. 1—National nonresidential construction spending decreased by 0.5% in December, 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 $943.5 billion for the month.

WASHINGTON, Feb. 1—The construction industry had 413,000 job openings in December, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting. Industry job openings increased by 82,000 for the month and are up by 54,000 from December 2021.

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].

Subscribe to ABC’s news releases and/or subscribe to ABC's weekly newsletter, Newsline.