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, Feb. 5—Associated Builders and Contractors President and Chief Executive Officer Michael D. Bellaman issued the following remarks on President Donald Trump’s State of the Union address.

WASHINGTON, July 26—On behalf of Associated Builders and Contractors, Mike Holland, chief operating officer, MAREK Companies, testified today before the U.S. Senate Committee on Health, Education, Labor and Pensions about the need to modernize and expand apprenticeship opportunities in the United States. In his testimony, Holland outlined the construction industry’s workforce de

WASHINGTON, May 11—According to the final report of the Task Force on Apprenticeship Expansion, apprenticeship programs offer workers a career path with paid, on-the-job training and provide employers with highly trained workers, but they are insufficient to address the growing skills gap in many industries. Associated Builders and Contractors (ABC) commended the secretaries of labor, education and commerce for leading the task force comprised of representatives from industry, education and government to generate new ideas to expand the role of apprenticeships and help more individuals achieve the American Dream. The report was presented to the president in a meeting at the White House on May 10.

WASHINGTON, April 25—In testimony before a U.S. House Appropriations Subcommittee today, Associated Builders and Contractors (ABC) Keystone Chapter President and CEO David Sload, a 39-year veteran of construction workforce development, highlighted the role apprenticeship programs play in equipping workers with the skills necessary to compete in the modern economy.

Long Beach, Calif., March 23—Associated Builders and Contractors (ABC) announced the winners of the 31st annual National Craft Championships (NCC) during its Careers in Construction Awards ceremony at the conclusion of ABC Convention 2018 in Long Beach, Calif.

Associated Builders and Contractors (ABC) commends the U.S. Department of Labor for declaring Nov. 13-19 National Apprenticeship Week. It’s the third consecutive year that business, labor, government, education and other partners are highlighting the tremendous job opportunities apprenticeships provide and the need for an infusion of Americans to pursue a skilled trade.

The construction industry has a message for career-seekers this October: the demand for construction workers is high, and firms are looking to hire. Despite an investment of more than $1 billion a year by its members to train the next generation of construction workers, Associated Builders and Contractors (ABC) says the industry currently has 500,000 unfilled jobs, and that number could more than double if Congress and the White House agree on a promised $1 trillion infrastructure bill. ABC member firms are highlighting the worker shortfall and abundant opportunities for aspiring industry professionals during Careers in Construction Month.

Michael D. Bellaman, president and CEO of Associated Builders and Contractors (ABC), has been appointed by U.S. Department of Labor Secretary R. Alexander Acosta  to the Task Force on Apprenticeship Expansion, created by President Trump’s June 15 Executive Order 13801. “I am excited to join Secretary Acosta’s task force to expand opportunities to citizens nationwide who want to live the American Dream while helping to build and rebuild our country,” said Bellaman. “As the president promised in his election night acceptance speech, every single American will have the opportunity to realize his or her fullest potential under his administration. That sentiment will drive this task force as we work to promote affordable education and rewarding jobs for all Americans.”

WASHINGTON, June 15--Associated Builders and Contractors applauded President Donald J. Trump on today’s executive action on apprenticeships, which is an important step toward building new career opportunities for all Americans. If fully implemented, the order will allow industries to build innovative workforce development systems that address glaring skills gaps in our workforce.  With the construction industry currently facing a workforce shortage of as many as 500,000 jobs, this order is an important first step to allow more entryways into becoming a construction professional.    

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

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