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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. Please note, ABC's news releases on state construction unemployment have been temporarily paused. 

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 Donna Reichle, ABC’s senior director of public affairs, at reichle@abc.org or (202) 595-1782

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From the monthly archives: October 2020

We are pleased to present below all posts archived in 'October 2020'. If you still can't find what you are looking for, try using the search box.

U.S. Economy Expands at 33.1% annual rate in Q3 of 2020, says ABC

Thursday, October 29, 2020 11:14 AM

WASHINGTON, Oct. 29—The U.S. economy expanded at an annualized rate of 33.1% during the third quarter of 2020, helping to offset a significant share of the economic loss sustained during the second quarter, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Economic Analysis. Increases in personal consumption expenditures, private inventory investment and exports drove the partial rebound.

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ABC’s Free Enterprise Alliance Announces Million-dollar Issue Advocacy Ad Buy

Wednesday, October 21, 2020 11:17 AM

WASHINGTON, Oct. 21—Associated Builders and Contractors’ Free Enterprise Alliance, which educates elected officials and the public about the importance of fair and open competition, today announced it has made a million dollar issue advocacy ad buy in 25 states nationwide. The advocacy campaign, which includes digital ads and mailers, will educate constituents on the dangers of the PRO Act, highlight benefits of the Paycheck Protection Program and encourage voting in the upcoming election.

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Monthly Construction Input Prices Rise in September, Says ABC

Wednesday, October 14, 2020 10:50 AM

WASHINGTON, Oct. 14—Construction input prices increased 1.6% in September compared to the previous month, according to an Associated Builders and Contractors analysis of Producer Price Index data released today by the U.S. Bureau of Labor Statistics. Nonresidential construction input prices rose 1.4% for the month.

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ABC’s Construction Backlog Slips in September; Contractors Remain Optimistic

Tuesday, October 13, 2020 9:35 AM

WASHINGTON, Oct. 13—Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 7.5 months in September, a decline of 0.5 months from August’s reading, according to an ABC member survey conducted Sept. 20-Oct. 6. Backlog is 1.5 months lower than in September 2019.

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Majority of Contractors Fear Long-term Business Implications of COVID-19, According to Construction Executive Survey

Thursday, October 8, 2020 9:56 AM

WASHINGTON, Oct. 8—More than 85% of contractors have been negatively impacted by COVID-19, according to the results of an August reader survey conducted by Construction Executive magazine, which is published by Associated Builders and Contractors. Supply chain disruptions, prolonged municipal permitting processes and delayed inspections due to office closures are all factors contributing to the increased rate of postponement and/or cancellation of construction projects.

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Nonresidential Construction Employment Expands in September, Says ABC

Friday, October 2, 2020 10:48 AM

WASHINGTON, Oct. 2—The construction industry added 26,000 jobs on net in September, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. During the last five months, the industry has added 689,000 jobs, recovering approximately 64% of the jobs lost since the start of the pandemic.

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Nonresidential Construction Spending Falls Slightly in August, Says ABC

Thursday, October 1, 2020 11:26 AM

WASHINGTON, Oct. 1—National nonresidential construction spending fell 0.1% in August, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, spending totaled $814.3 billion for the month.

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