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, May 4—Associated Builders and Contractors member contractors invested $1.6 billion to provide more than 1.3 million course attendees with craft, leadership and safety education in 2021, according to its 2022 Workforce Development Survey, up from $1.3 billion in 2020. The annual assessment quantifies the scope of ABC members’ workforce development initiatives to advance their employees’ careers in commercial and industrial construction to build the places where Americans live, work, learn, heal and play.  

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.

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. 23—The construction industry will need to attract nearly 650,000 additional workers on top of the normal pace of hiring in 2022 to meet the demand for labor, according to a model developed by Associated Builders and Contractors.

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, July 1—Associated Builders and Contractors strongly opposes H.R. 3684, the INVEST in America Act, a partisan infrastructure bill that passed the U.S. House of Representatives today by a vote of 221-201. H.R. 3684 is a $715 billion surface transportation reauthorization and water infrastructure bill that represents House Democrat’s attempt to reauthorize the expiring 2015 Fast Act.

WASHINGTON, Nov. 8—Apprenticeships are a key part of Associated Builders and Contractors’ commitment to an all-of-the-above approach for developing a safe, skilled and productive workforce that meets the current and future needs of the construction industry. During the U.S. Department of Labor’s Apprenticeship Week, Nov. 8-14, ABC celebrates the value of earn-while-you-learn opportunities for women, minorities, veterans, students, non-graduates and people laid off during the pandemic or seeking new careers, re-entry to the workforce or a second chance.

WASHINGTON, May 21—According to the results of Associated Builders and Contractors 2020 Workforce Development Survey, ABC contractor members invested $1.5 billion on workforce development initiatives in 2019, providing craft, leadership and safety education to 1.1 million course attendees to advance their careers in commercial and industrial construction. Safety education accounted for nearly half of the total workforce investment, averaging $1,147 per employee annually.

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 31—Associated Builders and Contractors today praised Congress and the administration for passing a bipartisan reauthorization of the Carl D. Perkins Career and Technical Education Act, one of the key federal programs that supports vocational education programs that align with local workforce needs and lead to industry-recognized credentials.

WASHINGTON, July 19—Associated Builders and Contractors signed on to President Trump’s “Pledge to America’s Workers” today, committing to educating and developing at least 500,000 construction workers over the next five years.

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.

WASHINGTON, Feb. 12—Associated Builders and Contractors (ABC) President and CEO Michael D. Bellaman issued the following statement on President Donald Trump’s infrastructure proposal: “ABC applauds the president for sending to Congress a plan to rebuild America’s infrastructure. It is now time for lawmakers to develop legislation and policy to efficiently modernize America’s infrastructure and drive economic growth and prosperity for all Americans.

WASHINGTON, Jan. 31—Associated Builders and Contractors (ABC) President and CEO Michael D. Bellaman issued the following remarks on President Donald Trump’s State of the Union speech. “Associated Builders and Contractors appreciates President Trump’s focus on creating a strong economy with limitless opportunities for all Americans. The president is right, America is a nation of builders, and ABC and its members are confident about the direction of the U.S. economy and the construction industry and stand ready to help rebuild America’s infrastructure.”

Associated Builders and Contractors (ABC) today released its annual update to “Building America: The Merit Shop Scorecard,” which takes stock of state policies that influence the success or failure of a free enterprise-based environment for construction companies.  

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.

Associated Builders and Contractors (ABC) congratulates Justin Baker, executive vice president of Gaylor Electric in Mooresville, N.C., for being named ABC's Young Professional of the Year. Baker accepted the award Nov. 8 during ABC's Leadership Week Conference in Orlando, Fla. 

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, July 26--Michael Bennett, vice president of the Cianbro Cos., Pittsfield, Maine, today told Congress that industry-driven training programs should play a bigger role in government efforts to close the workforce/skills gap that has left 500,000 construction jobs unfilled in the United States today. Bennett testified on behalf of Associated Builders and Contractors (ABC) before the U.S. House Committee on Education and Subcommittee on Higher Education and Workforce Development to call for support for President Trump’s recent executive order expanding apprenticeships, which would help ensure job seekers get exactly the training required for success in today’s job market.

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.    

WASHINGTON, D.C., March 8– Associated Builders and Contractors (ABC) announced the winners of the 30th annual National Craft Championships (NCC) during its Careers in Construction awards ceremony in Fort Lauderdale, Fla. The ceremony took place March 3 at the conclusion of ABC’s Workforce Week '17.

WASHINGTON, D.C., Feb. 8– Associated Builders and Contractors (ABC) today announced the finalists for its 2017 Craft Professional of the Year and Craft Instructor of the Year awards. Winners of both awards will be announced March 3 during ABC’s Workforce Week ’17 in Fort Lauderdale, Fla.

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

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