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, April 26—Associated Builders and Contractors today applauded a letter sent to President Joe Biden by 16 Republican governors, led by Asa Hutchinson of Arkansas and Bill Lee of Tennessee, opposing the Biden administration’s policies promoting government-mandated project labor agreements on taxpayer-funded construction projects.

WASHINGTON, March 8—Associated Builders and Contractors today released the following statement criticizing a memorandum of understanding between the U.S. departments of Labor and Transportation advancing workforce policy initiatives on DOT-funded infrastructure projects, including controversial project labor agreements.

WASHINGTON, Feb. 28—Today, Associated Builders and Contractors and a coalition of 19 associations and organizations representing the construction industry and business community sent a letter to Congress expressing support for the Fair and Open Competition Act (S. 403/H.R. 1284), sponsored by Sen. Todd Young, R-Ind., and Rep. Ted Budd, R-N.C, and strong opposition to government-mandated project labor agreements.

WASHINGTON, Feb. 16—On Feb. 15, Associated Builders and Contractors and 15 associations and organizations representing tens of thousands of companies and millions of employees in the construction industry sent a letter to the White House highlighting concerns with President Joe Biden’s efforts to require controversial government-mandated project labor agreements on federal and federally assisted construction contracts.

WASHINGTON, Feb. 7—Associated Builders and Contractors today released the following statement in response to the Biden administration’s White House Task Force on Worker Organizing and Empowerment report on how to boost union membership in the federal government and public and private sectors.

WASHINGTON, Feb. 3—Associated Builders and Contractors today blasted President Biden’s executive order, which encourages the use of controversial project labor agreement mandates on federal construction projects that are funded by taxpayers.

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

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