‘Ladies and Gentlemen, This Does Not Mean Recession’: Anirban Basu on State of 2025 Q3 Construction Economy

Basu’s newsletter stated that construction has been in contraction for 14 months, so why does he seem relatively upbeat this quarter? In his Q3 Construction Economic Update and Forecast webinar, ABC Chief Economist Anirban Basu presented metrics on U.S. economic conditions, the U.S. labor market, effects of Trump admin policies and more. While some stats […]

Government Shutdown Day Nine: What Contractors Need to Know

An excerpt from ABC’s Beltway Blueprint let’s contractors know where they stand amidst the ongoing government shutdown. Senate Republicans are continuing their strategy of bringing the House passed Continuing Resolution for a cloture vote daily in the Chamber, daring Democrats to vote against it and continue the government shutdown. The GOP-backed funding measure fell short […]

Construction Backlog Stable; Contractors Remain Optimistic, Fueled by Data Center Growth

A report of ABC contractors reveals optimism and data-center project growth. WASHINGTON, Oct. 14—Associated Builders and Contractors reported that its Construction Backlog Indicator remained unchanged at 8.5 months in September, according to an ABC member survey conducted Sept. 22 to Oct. 6. The reading is down 0.1 months since September 2024. View ABC’s Construction Backlog […]