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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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From the category archives: News Release 2021

News Release 2021

ABC Slams DOL Withdrawal of Independent Contractor Rule

Wednesday, May 5, 2021 12:46 PM

WASHINGTON, May 5—Associated Builders and Contractors Vice President of Regulatory, Labor and State Affairs Ben Brubeck released the following statement regarding the U.S. Department of Labor’s announcement that it will withdraw the independent contractor rule.

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Nonresidential Construction Spending Decreases 1.1% in March, Says ABC

Monday, May 3, 2021 11:45 AM

WASHINGTON, May 3—National nonresidential construction spending declined 1.1% in March, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $778.5 billion for the month.

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ABC’s 2021 Safety Performance Report: Construction Companies Can Be 655% Safer With These Best Practices, Says ABC Report

Friday, April 30, 2021 9:50 AM

WASHINGTON, April 30—Today, Associated Builders and Contractors announced the findings in its 2021 Safety Performance Report, an annual assessment that furthers the construction industry’s understanding of how to achieve world-class safety by deploying its STEP Safety Management System. Published to coincide with Construction Safety Week, May 3-7, the annual report details the drastic impact of using proactive safety practices to reduce recordable incidents by up to 85%, making the best-performing companies more than six times safer than the U.S. Bureau of Labor Statistics industry average.

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GDP and Construction: Investment in Nonresidential Structures Declines 4.8% in Q1, Says ABC

Thursday, April 29, 2021 9:11 AM

WASHINGTON, April 29The U.S. economy expanded at a 6.4% annualized rate during the first quarter of 2021; however, investment in nonresidential structures declined at a 4.8% rate for the quarter, according to analysis conducted by Associated Builders and Contractors of data released today by the Bureau of Economic Analysis.

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President Biden’s Tax Plan Would Hit Small and Family-owned Businesses the Hardest, Says ABC

Wednesday, April 28, 2021 5:44 PM

WASHINGTON, April 28—In response to reports that President Biden will tonight announce tax increases as he details his American Families Plan, Associated Builders and Contractors released the following statement.

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ABC Statement on President Biden’s First 100 Days in Office

Wednesday, April 28, 2021 12:50 PM

WASHINGTON, April 28—Ahead of President Joe Biden’s first congressional address, Associated Builders and Contractors issued the following statement from Michael Bellaman, its president and CEO, on key merit shop construction industry priorities that should be considered by the administration.

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Drop in State Construction Unemployment Rates Points to Industry Recovery, Says ABC

Wednesday, April 28, 2021 9:50 AM

WASHINGTON, April 28—Construction employment is holding its own, although it is not back to pre-pandemic levels, according to state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors for March 2021. These data show that on a year-over-year basis, the not seasonally adjusted construction unemployment rates rose nationally and in 33 states, fell in 15 states and were unchanged in two states, Oklahoma and Washington.

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ABC Reacts to Republican Lawmakers’ Infrastructure Framework

Thursday, April 22, 2021 3:56 PM

WASHINGTON, April 22—Associated Builders and Contractors today released the following statement in reaction to the Republican lawmakers’ infrastructure framework.

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Clemson University Named Overall Winner of ABC Construction Management Competition

Wednesday, April 14, 2021 7:50 AM

WASHINGTON, April 14—Associated Builders and Contractors today announced the winners of its annual Construction Management Competition, held virtually for 12 teams of undergraduate students from colleges and universities nationwide. Clemson University was named the overall winner of the 2021 competition, with the highest cumulative points in the five competition categories.

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ABC’s Construction Backlog Slips in March; Contractor Optimism Continues to Improve

Tuesday, April 13, 2021 9:50 AM

WASHINGTON, April 13—Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 7.8 months in March, according to an ABC member survey conducted from March 22 to April 5, a decrease of 0.4 months from both the February 2021 and March 2020 readings.

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