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

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News Releases

WASHINGTON, Aug. 29—Associated Builders and Contractors today issued the following statement opposing the U.S. Department of Labor‘s proposed rulemaking that would alter overtime regulations under the Fair Labor Standards Act. The proposal increases the minimum salary level threshold to $55,068 annually for a full-year worker and automatically updates the threshold every three years.

WASHINGTON, Aug. 28—Associated Builders and Contractors (ABC) today praised the Trump administration’s efforts to roll back burdensome regulations that drive up construction costs and hold back small business hiring and expansion.  Testifying at the 2017 National Regulatory Fairness Hearing at the U.S. Small Business Administration Office of the National Ombudsman on Aug. 28, ABC General Counsel Maury Baskin Esq. of Littler Mendelson P.C. urged action on the “persuader,” overtime and silica rules, the new “joint employer” standard, and other onerous rulemakings and policies.

WASHINGTON, D.C., Nov. 23– Associated Builders and Contractors (ABC) today welcomed news that the U.S. District Court for the Eastern District of Texas issued a preliminary injunction blocking the U.S. Department of Labor’s (DOL) burdensome and costly overtime final rule. Prior to the injunction, the rule was scheduled to go into effect on Dec. 1 and would have doubled the current minimum salary threshold for employees that are exempt from overtime pay and automatically increased it every three years.

WASHINGTON, D.C., Sept. 29–Associated Builders and Contractors (ABC) today applauded the U.S. House of Representatives passage of legislation that would delay implementation of the U.S. Department of Labor (DOL) Wage and Hour Division’s costly and burdensome final overtime rule. The bill, the Regulatory Relief for Small Businesses, Schools, and Nonprofits Act (H.R. 6094), passed the House with bipartisan support by a vote of 246-177 on Sept. 28.

WASHINGTON, D.C., Sept. 20 – Associated Builders and Contractors (ABC) and a coalition of business groups today filed suit against the U.S. Department of Labor (DOL) Wage and Hour Division’s costly and burdensome final overtime rule. The legal challenge was filed in the U.S. District Court for the Eastern District of Texas.

WASHINGTON, D.C., May 18 – Associated Builders and Contractors (ABC) today released the following statement in reaction to the release of the U.S. Department of Labor (DOL) Wage and Hour Division’s final overtime rule.

ABC construction economic releases are published according to this schedule in 2023

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