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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, as well as state-by-state construction unemployment estimates.

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. ABC construction economic releases are published according to this schedule 



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News Releases

From the category archives: News Releases 2017

News Releases 2017

ABC Elects 2018 National Chair, Other Leadership Posts

Friday, November 10, 2017 9:37 AM
During its Leadership Week Conference in Orlando Nov. 7, the Associated Builders and Contractors (ABC) Board of Directors elected George Nash to serve as the association's 2018 national chair. Tony Rader was elected to serve as the association's 2018 chair-elect. Ray Zamora was elected to serve as the association's secretary.

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Gaylor Electric Exec Named ABC's Young Professional of the Year

Thursday, November 9, 2017 10:01 AM
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. 

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ABC Praises Tax Cuts and Jobs Act

Friday, November 3, 2017 3:29 PM
ABC thanked House Republicans for working diligently with the White House to get a long-overdue tax reform bill off the ground and begin the legislative process. Our members will feel the direct positive impact of this bill with another dollar in their paychecks, allowing them to create jobs and drive growth.
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Hurricane Impact Comes into View as 41 States See September Construction Unemployment Rate Improvement

Tuesday, October 31, 2017 11:08 AM
WASHINGTON, Oct. 31—The not seasonally adjusted (NSA) national construction unemployment rate was 4.7 percent in September, down 0.5 percent from a year ago and the second lowest September rate on record behind the 4.6 percent rate in September 2000, the U.S. Bureau of Labor Statistics (BLS) reported. Construction unemployment rates were also down in 41 states on a year-over-year basis while rates rose in nine states, according to an analysis released today by Associated Builders and Contractors (ABC). Further, the construction industry employed 173,000 more workers than in September 2016.
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ABC Announces 2017 Young Professional of the Year Finalists

Tuesday, October 31, 2017 10:20 AM
Associated Builders and Contractors (ABC) today announced three finalists for its annual Young Professional of the Year Award. This year’s list includes a technology-driven electrician, a business owner who builds dreams and saves lives and an attorney who fights for equality in construction.
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ABC Releases Statement on Critical House Vote in Tax Reform Process

Thursday, October 26, 2017 11:45 AM
“We applaud House members for adopting the FY 2018 budget resolution that positions Congress to move forward with comprehensive, pro-growth tax reform without the threat of a filibuster
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ABC Celebrates Careers in Construction Month 2017

Wednesday, October 25, 2017 11:49 AM
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.
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ABC Urges House to Act Quickly After Senate Passes Budget, Preserving Path for Tax Reform

Friday, October 20, 2017 10:22 AM
Michael D. Bellaman, president and CEO of Associated Builders and Contractors (ABC), today issued the following statement on the passage of a budget by the U.S. Senate:
 “This important step by the Senate keeps the process on track to produce once-in-a-generation tax reform...
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ABC Announces Promotion of Téa Gennaro to Chief Financial Officer

Thursday, October 19, 2017 9:35 AM
Associated Builders and Contractors (ABC) announced the promotion of Téa Gennaro to Chief Financial Officer (CFO). She will be responsible for managing and directing the accounting, finance and facilities functions at ABC and its affiliated organizations—the ABC Political Action Committee, ABC Retirement and Savings Plan, Construction Legal Rights Foundation, Trimmer Construction Education Foundation and ABC Services Corp.
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ABC's Construction Backlog Indicator 'Returns to Earth' in Second Quarter

Wednesday, October 18, 2017 9:52 AM
WASHINGTON, Oct. 18—Associated Builders and Contractors (ABC) today reported its Construction Backlog Indicator (CBI) fell to 8.6 months during the second quarter of 2017, down 4.1 percent from the first quarter of 2017. CBI is up by 0.1 months, or 1.4 percent, on a year-over-year basis.
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