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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, 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 

For media inquiries, please contact Erika Walter, ABC’s director of media relations at [email protected] or (202)905-2104 

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Posts Tagged 'Associated Builders and Contractors'

We are pleased to present below all posts tagged with 'Associated Builders and Contractors'. If you still can't find what you are looking for, try using the search box.

Contractor Confidence Ends 2016 Down but Still in Positive Territory

WASHINGTON, D.C., MARCH 29— Expectations for 2017 have become less optimistic, but the majority of industrial and commercial construction contractors still expect growth this year, according to the latest Associated Builders and Contractors (ABC) Construction Confidence Index (CCI). Although all three diffusion indices in the survey — profit margins, sales and staffing levels—fell by more than five points, they remain well above the threshold of 50, which signals that construction activity will continue to be one of the few significant drivers of economic growth.

House Committee Approves ABC-supported Bill to Increase Competition, Lower Costs on Federal Construction Contracts

Washington, D.C., March 28—Associated Builders and Contractors (ABC) today applauded the House Committee on Oversight and Government Reform’s favorable reporting of the Fair and Open Competition Act (H.R. 1552) out of committee. The bill, introduced by Rep. Dennis Ross (R-Fla.), will boost competition on government construction projects and reduce building costs to taxpayers by preventing federal agencies from forcing contractors to sign controversial project labor agreements (PLAs) in order to compete to build federal and federally assisted construction contracts.

Associated Builders and Contractors Praises President Trump for Eliminating Illegal Obama Blacklisting Rule

WASHINGTON, D.C., March 27– Associated Builders and Contractors (ABC) today commended President Trump for signing a resolution into law effectively eliminating the Obama administration’s illegal “blacklisting” rule (formally known as the Fair Pay and Safe Workplaces final rule). Implementation of most of the rule’s onerous and duplicative reporting and disclosure requirements were temporarily blocked on Oct. 24 when a U.S. District Court judge ruled in favor of ABC’s lawsuit and granted a preliminary injunction.

Construction Unemployment Rates Improve in 10 States Year-Over-Year

WASHINGTON, D.C., Mar 23— Construction unemployment rates (not seasonally adjusted (NSA)) were down in 10 states and unchanged in three in January on a year-over-year basis, according to analysis released today by Associated Builders and Contractors (ABC). For the nation and 37 states, rates were higher than in January 2016, ending 75 consecutive months of year-over-year declines. The national NSA construction unemployment rate of 9.4 percent was up 0.9 percent from January 2016, according to data from the U.S. Bureau of Labor Statistics (BLS).

Senate Passes ABC-supported Resolution to Block Overreaching OSHA Recordkeeping Rule

WASHINGTON, D.C., March 22– Associated Builders and Contractors (ABC) today applauded the U.S. Senate for joining the U.S. House of Representatives in passing a resolution (H.J. Res. 83) that will block implementation of the Occupational Safety and Health Administration’s (OSHA) “Volks” final rule (also known as Clarification of an Employer’s Continuing Obligation to Make and Maintain an Accurate Record of Each Recordable Injury and Illness) through the Congressional Review Act (CRA).

ABC Report: Safety Best Practices Can Make Construction Companies 770% Safer

WASHINGTON, D.C., March 22—Associated Builders and Contractors (ABC) recently released its 2017 Safety Performance Report to further the construction industry’s understanding of how to make jobsites safer through its Safety Performance Evaluation Process (STEP). Packed with infographics and practical takeaways, the report documents the dramatic impact of using proactive safety practices to reduce recordable incidents by up to 87 percent, making the best-performing companies 770 percent safer than the industry average.

ABC Applauds Introduction of Fair and Open Competition Act in the U.S. House to Increase Competition, Lower Costs on Taxpayer-Funded Construction Projects

WASHINGTON, D.C., March 16— Associated Builders and Contractors (ABC) today welcomed the introduction of the Fair and Open Competition Act (H.R. 1552) in the U.S. House of Representatives by Rep. Dennis Ross (R-Fla.). ABC Vice President of Labor, Regulatory and State Affairs Ben Brubeck issued the following statement in support of the bill (S. 622), which was introduced in the U.S. Senate on March 14 by Sen. Jeff Flake (R-Ariz.) and would ensure controversial project labor agreements (PLAs) cannot be mandated on taxpayer-funded construction projects. 

Iowa Construction Supervisor Named ABC Craft Professional of the Year

WASHINGTON, D.C., March 15– Associated Builders and Contractors (ABC) has named Adam Ruff of Ely, Iowa, field supervisor at Price Electric, its 2017 Craft Professional of the Year. Ruff received the honor at ABC’s Careers in Construction awards ceremony on March 3 during ABC’s Workforce Week ’17 conference in Fort Lauderdale, Fla.

ABC Backs Bill to Increase Competition on Taxpayer-Funded Construction Contracts

WASHINGTON, D.C., March 14 – Associated Builders and Contractors (ABC) today voiced its strong support for the Fair and Open Competition Act (S. 622). The bill, introduced by Sen. Jeff Flake (R-Ariz.), will reduce costs for taxpayers by encouraging all qualified construction companies to compete for federal and federally funded construction projects. S. 622 prevents federal agencies and recipients of federal funding from requiring contractors to sign controversial project labor agreements (PLAs) as a condition of winning federal or federally assisted construction contracts.

Construction Input Prices Expand for Third Straight Month; Petroleum Prices Soar Year-over-Year

WASHINGTON, D.C., March 14—Construction input prices expanded 0.3 percent on a monthly basis and 4.8 percent on a year-over-year basis in February, according to analysis of U.S. Bureau of Labor Statistics (BLS) data released today by Associated Builders and Contractors (ABC). This represents the most rapid yearly growth in construction input prices in more than five years.