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 

 

Nonresidential Construction Has Recovered 56% of Jobs Lost Since March Employment Report, Says ABC

Thursday, July 2, 2020 11:13 AM

WASHINGTON, July 2—The construction industry added 158,000 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. During the last two months, the industry has added 591,000 jobs, recovering 56% of the industrywide jobs lost since the start of the pandemic.

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ABC: Anti-competitive House Infrastructure Bill Excludes Many U.S. Workers From Rebuilding America

Wednesday, July 1, 2020 5:05 PM

WASHINGTON, July 1—Associated Builders and Contractors Vice President of Legislative & Political Affairs Kristen Swearingen today issued the following statement on the U.S. House of Representatives’ passage of H.R. 2, the Moving Forward Act, by a vote of 233 to 188:

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Nonresidential Construction Spending Falls Modestly in May, Says ABC

Wednesday, July 1, 2020 12:09 PM

WASHINGTON, July 1—National nonresidential construction spending declined 0.9% in May, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, spending totaled $812.5 billion for the month. Private nonresidential spending declined 2.4% in May and public nonresidential construction spending increased 1.2%. 

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ABC Joins National Initiative to Address Inequality of Opportunity

Tuesday, June 23, 2020 9:15 AM

WASHINGTON, June 23—Associated Builders and Contractors today announced it is partnering with the U.S. Chamber of Commerce on a national initiative to address inequality of opportunity.

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ABC, NAHB Applaud D.C. Circuit Court Decision to Reject Lawsuit to Compel OSHA to Issue Emergency Temporary Standard for Infectious Diseases/COVID-19

Thursday, June 11, 2020 6:03 PM

WASHINGTON, June 11—Associated Builders and Contractors Vice President of Health, Safety, Environment and Workforce Development Greg Sizemore and National Association of Home Builders Chief Executive Officer Jerry Howard issued the following joint statement today on the D.C. Circuit Court’s decision to reject a lawsuit brought by the AFL-CIO to compel the Occupational Safety and Health Administration to issue an “emergency temporary standard” for infectious diseases/COVID-19:

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Construction Input Prices Rise in May, Says ABC

Thursday, June 11, 2020 11:02 AM

WASHINGTON, June 11—Construction input prices rose 0.8% 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 rose by 0.8% for the month as well.

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ABC’s Construction Backlog Indicator Inches Higher in May; Contractor Confidence Continues to Rebound

Tuesday, June 9, 2020 9:10 AM

WASHINGTON, June 9—Associated Builders and Contractors reported today that its Construction Backlog Indicator rose to 7.9 months in May, an increase of less than 0.1 months from April’s reading. Furthermore, based on an ABC member survey conducted May 20-June 3, results indicate that confidence among U.S. construction industry leaders continued to rebound from the historically low levels observed in the March survey.

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Construction Employment Sees Record Rebound in May, Says ABC

Friday, June 5, 2020 10:57 AM

WASHINGTON, June 5—The construction industry added 464,000 net new jobs in May, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. May represented the largest monthly increase in construction jobs since the government began tracking employment in 1939, a drastic improvement from April, which recorded the industry’s largest month-over-month job loss.

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Nonresidential Construction Spending Falls in April, Says ABC

Monday, June 1, 2020 11:52 AM

WASHINGTON, June 1—National nonresidential construction spending decreased by 1.8% 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, spending totaled $801.8 billion for the month, a 0.9% increase from April 2019.

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ABC Report: Safety Best Practices Can Make Construction Companies 827% Safer

Monday, June 1, 2020 9:21 AM

WASHINGTON, June 1—Associated Builders and Contractors today released its 2020 Safety Performance Report, an annual assessment that furthers the construction industry’s understanding of how to achieve world-class safety through its STEP Safety Management System. Published in conjunction with National Safety Month, the report documents the dramatic impact of using proactive safety practices to reduce recordable incidents by up to 88%, making the best-performing companies 827% safer than the U.S. Bureau of Labor Statistics industry average.

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ABC Urges Swift Action in the Senate to Enact Paycheck Protection Program Fixes

Thursday, May 28, 2020 2:14 PM

WASHINGTON, May 28—Associated Builders and Contractors Vice President of Legislative and Political Affairs Kristen Swearingen today lauded the passage of H.R. 7010, the Paycheck Protection Flexibility Act, by the U.S. House of Representatives and urged the U.S. Senate to quickly take up the legislation:

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ABC Launches Safe and Healthy Construction Pledge

Thursday, May 28, 2020 10:03 AM

WASHINGTON, May 28—Associated Builders and Contractors recently launched the Safe and Healthy Construction Pledge, an industry-wide call to action to redouble construction jobsite safety commitments under new protocols due to the coronavirus outbreak. Open to all U.S. contractors and industry associations, the pledge calls for prevention, preparedness and response plans to prevent injuries and disease and safeguard total human health.

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ABC Members Provided Education for 1.1 Million Course Attendees in 2019, New Survey Finds

Thursday, May 21, 2020 9:40 AM

WASHINGTON, May 21—According to the results of Associated Builders and Contractors 2020 Workforce Development Survey, ABC contractor members invested $1.5 billion on workforce development initiatives in 2019, providing craft, leadership and safety education to 1.1 million course attendees to advance their careers in commercial and industrial construction. Safety education accounted for nearly half of the total workforce investment, averaging $1,147 per employee annually.

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ABC Names 2020 Craft Instructor of the Year

Tuesday, May 19, 2020 9:15 AM

WASHINGTON, May 19—Associated Builders and Contractors today announced Bryan Gamble, a certified electrical contractor and instructor for the ABC Greater Tennessee Chapter, was named the 2020 Craft Instructor of the Year. Gamble will be honored during the Careers in Construction Awards at ABC Convention 2020 in Nashville, Tennessee, on Aug. 19.

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ABC Names the 2020 Craft Professional of the Year

Tuesday, May 19, 2020 9:15 AM

WASHINGTON, May 19—Associated Builders and Contractors today announced Ron Cayton, general superintendent, Gaylor Electric, Charlotte, North Carolina, was named the 2020 Craft Professional of the Year. Cayton will be honored during the Careers in Construction Awards at ABC Convention 2020 in Nashville, Tennessee, on Aug. 19.

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ABC Names the 2020 Young Professional of the Year

Tuesday, May 19, 2020 9:15 AM

WASHINGTON, May 19—Associated Builders and Contractors today announced Brandon Mabile, business development manager, Performance Contractors, Houston, received ABC’s 2020 Young Professional of the Year Award. Mabile will be honored during the Careers in Construction Awards at ABC Convention 2020 in Nashville, Tennessee, on August 19.

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ABC Economist: From All Systems Go to a Deep Recession in One Month

Friday, May 15, 2020 10:47 AM

WASHINGTON, May 15—Associated Builders and Contractors Chief Economist Anirban Basu warned the economic recovery following the COVID-19 outbreak would be quite different for the nonresidential construction industry compared to previous recessions, according to an economic outlook published in Construction Executive magazine.

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Drop in April Construction Input Prices Could Help Stabilize Nonresidential Construction Sector, Says ABC

Wednesday, May 13, 2020 12:15 PM

WASHINGTON, May 13Construction input prices fell 4.4% in April from 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 declined 4.2% for the month.

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ABC, AICPA, NFIB, S Corporation Association and Other Small Business Advocates Say SBA Must Issue More Clear Guidance on PPP Loan Forgiveness, Focus on Program’s Intent

Tuesday, May 12, 2020 4:11 PM

WASHINGTON, May 12Today, Associated Builders and Contractors, American Institute of CPAs, National Federation of Independent Business, the S Corporation Association and four other small business advocates issued the following statement in response to the lack of clear and consistent guidance from the Department of the Treasury’s and Small Business Administration’s on the Paycheck Protection Program. The statement is also supported by the National Electrical Contractors Association, American Council of Engineering Companies and the National Association of Wholesaler-Distributors. Together, these groups represent the voice of several million small businesses.

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ABC’s Construction Backlog Indicator Falls in April; Contractor Confidence Rebounds from Historic Lows

Tuesday, May 12, 2020 9:10 AM

WASHINGTON, May 12—Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 7.8 months in April, the series’ lowest reading since the third quarter of 2012. Based on an ABC member survey conducted April 20-May 4, the results indicate that confidence among U.S. construction industry leaders inched higher last month compared to the historically low levels observed in the March survey.

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Nonresidential Construction Employment Sees Record Loss in April, Says ABC

Friday, May 8, 2020 10:58 AM

WASHINGTON, May 8The construction industry lost 975,000 jobs on net in April, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. This was the largest recorded decrease in construction jobs since the government began tracking employment in 1939, despite construction remaining an essential industry in much of the nation through April.

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Nonresidential Construction Spending Falls Slightly in March, Says ABC

Friday, May 1, 2020 12:26 PM

WASHINGTON, May 1—National nonresidential construction spending fell 0.1% in March and is up 2.0% compared to the same time last year, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, spending totaled $802.6 billion for the month.

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U.S. Economy Fell 4.8% in 1st Quarter of 2020 Due to COVID-19, Says ABC

Wednesday, April 29, 2020 11:35 AM

WASHINGTON, April 29—The U.S. economy contracted at an annualized 4.8% rate during the first quarter of 2020 as a result of the ongoing global pandemic, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Economic Analysis. The decline in GDP is largely a reflection of the final three weeks of March, which devastated the economy.

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Additional PPP Loan Funding a Vital Lifeline for Construction Industry, Says ABC

Friday, April 24, 2020 12:40 PM

WASHINGTON, April 24—Associated Builders and Contractors Vice President of Legislative and Political Affairs Kristen Swearingen today issued the following statement on the signing of the Paycheck Protection Program and Health Care Enhancement Act, which provides additional funding for the Paycheck Protection Program:

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Construction Contractor Confidence Plummets in Response to COVID-19, Says ABC

Thursday, April 23, 2020 9:30 AM

WASHINGTON, April 23—Confidence among U.S. construction industry leaders plummeted in response to the economic fallout associated with COVID-19, according to the Associated Builders and Contractors Construction Confidence Index released today. Readings for sales, profit margins and staffing levels expectations fell below the threshold of 50 for the first time in the history of the series, signaling expected contraction along all three dimensions. CCI is based on a survey of ABC members, which was conducted March 20-31. 

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ABC’s Construction Backlog Indicator Down in February

Tuesday, April 21, 2020 9:45 AM

WASHINGTON, April 21—Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 8.2 months in February, a 7.7% decrease from January’s reading. Backlog for firms working in the infrastructure segment rose by 1.3 months in February while backlog for commercial and institutional and heavy industrial firms declined by 0.6 months and 0.7 months, respectively.

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ABC Helps to Author Strategy for Safe, Strong Recovery as Part of Great American Economic Revival Industry Groups

Wednesday, April 15, 2020 6:19 PM

WASHINGTON, April 15—Associated Builders and Contractors President and Chief Executive Officer Michael D. Bellaman today issued the following statement regarding the Great American Economic Revival Industry Groups:

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New OSHA COVID-19 Recordability Guidance Provides Necessary Clarification for Contractors, Says ABC

Monday, April 13, 2020 11:00 AM

WASHINGTON, April 13—Associated Builders and Contractors Vice President of Health, Safety, Environment and Workforce Development Greg Sizemore today issued the following statement on the release of Occupational Safety and Health Administration’s April 10 guidance on recording cases of COVID-19:

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Monthly Construction Input Prices Drop in March, Says ABC

Thursday, April 9, 2020 10:33 AM

WASHINGTON, April 9—Construction input prices fell 1% in March from the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. The aggregate price of inputs to construction is down 1.9% compared to the same time last year. Nonresidential construction input prices fell 1.1% for the month and 2% during the past year.

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February Construction Unemployment Rates Down in 37 States Year Over Year, Says ABC

Wednesday, April 8, 2020 9:30 AM

WASHINGTON, April 8—Estimated February not seasonally adjusted construction unemployment rates fell nationally and in 37 states, rose in 12 states and were unchanged in one state (Texas) on a year-over-year basis, according to an analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors.

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ABC Honors the 2019 National Excellence in Construction Award Winners

Monday, April 6, 2020 9:35 AM

WASHINGTON, April 6—Associated Builders and Contractors today announced 92 Excellence in Construction® winning projects collectively worth nearly $2.9 billion, which will be presented during ABC Convention 2020 in Nashville, Tennessee, on Aug. 18. The EIC awards program is the industry’s leading competition that honors both general and specialty contractors for innovative and high-quality merit shop construction projects.

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ABC Names Tri-City Electrical Contractors 2020 Contractor of the Year

Monday, April 6, 2020 9:33 AM

WASHINGTON, April 6—Associated Builders and Contractors today named Tri-City Electrical Contractors Inc., headquartered in Altamonte Springs, Florida, as its 2020 Contractor of the Year, an award that recognizes companies for corporate integrity, commitment to safety, professional development and expert craftsmanship. The award will be presented at the 30th annual Excellence in Construction® Awards gala during ABC Convention 2020 in Nashville, Tennessee, on Aug. 18.

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ABC Announces 2019 National Diversity Excellence Award Winners

Monday, April 6, 2020 9:30 AM

WASHINGTON, April 6—Associated Builders and Contractors has named the winners of the 2019 National Diversity Excellence Awards, an annual recognition of ABC members that display exemplary diversity leadership in their workforce, supply chain and community with best-in-class recruitment policies, retention practices and education and mentoring programs. The winners will be honored at the 30th annual Excellence in Construction® Awards at ABC Convention 2020 in Nashville, Tennessee, on Aug. 18. 

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ABC Honors Contractors Leading the Industry in Safety Performance

Monday, April 6, 2020 9:29 AM

WASHINGTON, April 6—Associated Builders and Contractors today announced the 49 winners of the 2019 National Safety Excellence Awards, which will be presented at the 30th annual Excellence in Construction® Awards during ABC Convention 2020 in Nashville, Tennessee, on Aug. 18.

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COVID-19 Cuts Nonresidential Construction Employment in March, Says ABC

Friday, April 3, 2020 9:50 AM

WASHINGTON, April 3Construction industry employment declined by 29,000 in March, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Nonresidential construction employment declined by 24,600 in March.

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February’s Construction Spending Decline Indicates What’s to Come, Says ABC

Wednesday, April 1, 2020 11:45 AM

WASHINGTON, April 1National nonresidential construction spending fell 1.8% in February, but is up 2.5% compared to the same time last year, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, spending totaled $795.1 billion for the month.

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The CARES Act is a Critical Lifeline for Construction Industry, Small Business Community, Says ABC

Friday, March 27, 2020 4:14 PM

WASHINGTON, March 27—Associated Builders and Contractors Vice President of Legislative and Political Affairs Kristen Swearingen today issued the following statement about the signing of the Coronavirus Aid, Relief and Economic Security Act, which provides $2 trillion in federal funding and programs to address the ongoing coronavirus crisis:

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January Construction Unemployment Rates Down in 44 States Year Over Year, Says ABC

Tuesday, March 24, 2020 9:30 AM

WASHINGTON, March 24—Estimated January not seasonally adjusted construction unemployment rates fell nationally and in 44 states, rose in four states and were unchanged in two states (Maine and North Carolina) on a year-over-year basis, according to an analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors.

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Construction Contractor Confidence Robust to Start 2020, Says ABC

Thursday, March 19, 2020 9:45 AM

WASHINGTON, March 19—Confidence among U.S. construction industry leaders generally improved in January, consistent with the burgeoning momentum of the U.S. economy during the early weeks of 2020, according to the Associated Builders and Contractors Construction Confidence Index released today. While the reading for sales expectations edged lower for the month, confidence pertaining to sales, profit margins and staffing levels remain well above the threshold of 50, signaling expected growth in those three metrics.

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ABC’s Construction Backlog Indicator Rebounds in January

Tuesday, March 17, 2020 9:15 AM

WASHINGTON, March 17—Associated Builders and Contractors reported today that its Construction Backlog rose to 8.9 months in January 2020, a 5.9% increase from December’s reading. Backlog for firms with less than $30 million in revenues expanded by nearly 20% after declining sharply in December.  

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Monthly Construction Input Prices Drop in February, Says ABC

Thursday, March 12, 2020 10:31 AM

WASHINGTON, March 12—Construction input prices fell 0.6% in February and are up 0.4% year over year, 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 also decreased by 0.6% but are up 0.3% compared to the same time last year.

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ABC Comments on DOL’s Final IRAP Rule

Wednesday, March 11, 2020 9:29 AM

WASHINGTON, March 11—Associated Builders and Contractors Vice President of Health, Safety, Environment and Workforce Development Greg Sizemore today issued the following statement on the release of the final Department of Labor industry-recognized apprenticeship rule:

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ABC Names the 2020 Top Performers in U.S. Commercial and Industrial Construction

Tuesday, March 10, 2020 10:30 AM

WASHINGTON, March 9—Associated Builders and Contractors today released its 2020 Top Performers lists, which recognize ABC member contractors’ achievements in safety, quality, diversity and project excellence ranked by work hours, with special designations identified.

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ABC Announces New Vice President of Construction Technology and Innovation

Monday, March 9, 2020 9:00 AM

WASHINGTON, March 9—Associated Builders and Contractors announced today that Matthew Abeles has been appointed to the newly created role of vice president of construction technology and innovation. As a leader in this space, Abeles will spearhead efforts to integrate construction technology and innovation into all aspects of ABC’s strategic initiatives, particularly total human health, world-class safety and workforce development.

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Nonresidential Construction Employment Expands in February, Says ABC

Friday, March 6, 2020 10:24 AM

WASHINGTON, March 6The construction industry added 42,000 net new jobs in February, 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 expanded by 223,000 jobs, an increase of 3.0%.

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Nonresidential Construction Spending Attains All-time High in January, Says ABC

Monday, March 2, 2020 12:11 PM

WASHINGTON, March 2—National nonresidential construction spending increased by 1.6% in January and is up 5.1% on a year-ago basis, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, spending totaled a record $806.9 billion in January

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ABC Applauds the NLRB Joint Employer Final Rule

Wednesday, February 26, 2020 9:00 AM

WASHINGTON, Feb. 26—Associated Builders and Contractors Vice President of Legislative and Political Affairs Kristen Swearingen today issued the following statement about key provisions in the National Labor Relations Board’s joint employer final rule, which will go into effect April 27, 2020:

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Construction Contractor Confidence Remains Steady, Says ABC

Thursday, February 20, 2020 9:30 AM

WASHINGTON, Feb. 20—Confidence among U.S. construction industry leaders held steady in December after surging in November, according to the Associated Builders and Contractors Construction Confidence Index released today. The average American contractor enters 2020 with confidence: Sales expectations, profit margins and staffing levels all remained above the growth expectations threshold, indicating a strong start to 2020. 

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Monthly Construction Input Prices Rise Slightly in January, Says ABC

Wednesday, February 19, 2020 11:23 AM

WASHINGTON, Feb. 19—Construction input prices rose 0.3% in January compared to December 2019 and are up 1.9% year over year, 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 were flat for the month and are up 1.8% on a year-over-year basis.

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ABC’s Construction Backlog Indicator Falls to Close 2019

Tuesday, February 18, 2020 9:27 AM

WASHINGTON, Feb. 18—Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 8.4 months in December 2019, a 4.2% decline from November’s reading. This appears to be due primarily to seasonal factors. 

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For media inquiries, please contact Donna Reichle, ABC’s senior director of communcations and marketing at [email protected]

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