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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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Posts Tagged 'department of education'

We are pleased to present below all posts tagged with 'department of education'. If you still can't find what you are looking for, try using the search box.

Apprenticeships Must Be Expanded to Meet 21st Century Workforce Needs, Says ABC

WASHINGTON, May 11—According to the final report of the Task Force on Apprenticeship Expansion, apprenticeship programs offer workers a career path with paid, on-the-job training and provide employers with highly trained workers, but they are insufficient to address the growing skills gap in many industries. Associated Builders and Contractors (ABC) commended the secretaries of labor, education and commerce for leading the task force comprised of representatives from industry, education and government to generate new ideas to expand the role of apprenticeships and help more individuals achieve the American Dream. The report was presented to the president in a meeting at the White House on May 10.

Apprenticeships Must Be Expanded to Meet 21st Century Workforce Needs, Says ABC

WASHINGTON, May 11—According to the final report of the Task Force on Apprenticeship Expansion, apprenticeship programs offer workers a career path with paid, on-the-job training and provide employers with highly trained workers, but they are insufficient to address the growing skills gap in many industries. Associated Builders and Contractors (ABC) commended the secretaries of labor, education and commerce for leading the task force comprised of representatives from industry, education and government to generate new ideas to expand the role of apprenticeships and help more individuals achieve the American Dream. The report was presented to the president in a meeting at the White House on May 10.

ABC Calls on Congress to Support Expansion of Construction Apprenticeship Programs

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.

President Trump's Apprenticeship Expansion Helps All Americans Build America

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.