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 

 

Posts Tagged 'public works'

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ABC: Biden’s Proposed Davis-Bacon Act Reforms Are More Pork for Special Interests

WASHINGTON, March 11—Associated Builders and Contractors today released the following statement from Ben Brubeck, ABC vice president of regulatory, labor and state affairs, in reaction to the U.S. Department of Labor’s proposed rule, Updating the Davis-Bacon and Related Acts Regulations. The 1931 Davis-Bacon Act and related regulations require contractors and subcontractors that perform work on federal and federally funded construction projects to pay a government-determined prevailing wage and benefit rate on an hourly basis to on-site construction workers. The Davis-Bacon Act and 71 active related acts collectively apply to an estimated $217 billion in federal and federally assisted construction spending per year and provide government-determined wage rates for an estimated 1.2 million U.S. construction workers.

ABC Slams Biden Administration for Promoting Union Preferences in DOT Infrastructure Spending

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.

ABC Statement on President Biden’s State of the Union Address

WASHINGTON, March 1—Associated Builders and Contractors issued the following statement from Michael Bellaman, its president and CEO, in reaction to President Joe Biden’s State of the Union address.

Construction Coalition Opposes Biden Administration Project Labor Agreement Schemes

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.

ABC: White House Union Report Fails to Create Opportunities for All of the Construction Industry

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.

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