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Construction Economics

Welcome to ABC's resource for construction-related economic data and trend analysis. In addition, you will also find relevant articles, presentations and archived copies of ABC's Construction Economics Updates.

ABC's 2016 Construction Economic Updates will be delivered according to this schedule.

ABC's 2016 state-level construction unemployment releases will be delivered according to this schedule.

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For more information on Construction Economics, or to contact ABC Chief Economist Anirban Basu, send an email to: 

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(202) 905-2104


Overall Construction Input Prices Firm in December as Energy Prices Surge

Friday, January 13, 2017

WASHINGTON, D.C., Jan. 13—Construction input prices rebounded in December after experiencing a steep decline in November, according to analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors (ABC). Input prices rose 0.4 percent for the month and are up 2.1 percent year-over-year, the largest 12-month increase in 30 months.

Construction Lost Jobs in December

Friday, January 06, 2017

WASHINGTON, D.C., Jan. 6—National construction employment declined by 3,000 net jobs on a seasonally adjusted basis in December, according to analysis of  U.S. Bureau of Labor Statistics data released today by the Associated Builders and Contractors (ABC). 

Nonresidential Spending Thrives in Strong November Spending Report

Tuesday, January 03, 2017

WASHINGTON, D.C., Jan. 3—Nonresidential construction surged in November, according to analysis of U.S. Census Bureau data released today by Associated Builders and Contractors (ABC). Nonresidential spending expanded to $712.4 billion on a seasonally adjusted, annualized rate in November, representing the highest level of spending in eight years.

Construction Input Prices Plummet in November

Wednesday, December 14, 2016

Construction input prices experienced their most rapid monthly decline since February 2016 in November, falling 0.5 percent according to the U.S. Bureau of Labor Statistics. Despite the month-over-month fall, input prices are up by 0.5 percent on a yearly basis for the second consecutive month. 


Construction Backlog Rebounds in Third Quarter

Tuesday, December 13, 2016

WASHINGTON, D.C., Dec. 13– Construction backlog expanded during the third quarter, led by strong growth in the commercial/industrial sector, according to Associated Builders and Contractors’ (ABC) Construction Backlog Indicator (CBI), released today. The increase during the third quarter follows two quarters of decline in backlog—the amount of work under contract but yet to be performed—that led to speculation that growth in the country’s nonresidential construction industry was slowing.

Backlog Skyrockets for Largest Firms During Second Quarter, But Falls to 8.5 Months Overall

Tuesday, September 20, 2016

WASHINGTON, D.C., Sept. 20–Construction backlog for large contractors reached a new peak of 14.06 months during the second quarter of 2016, according to the Associated Builders and Contractors (ABC) Construction Backlog Indicator (CBI) released today. The new high for companies with annual revenue above $100 million shattered the previous high of 12.25 months for any revenue segment, which was recorded in the first quarter of 2016 and second quarter of 2013.

Construction Backlog Reaches New High for Largest Contractors, ABC Reports

Tuesday, June 21, 2016

WASHINGTON, D.C., June 21– Construction backlog among the nation’s largest contractors now stands above 12 months, a record for the series, according to Associated Builders and Contractors (ABC). The biggest firms with the greatest capacity to attract talent have been able to accept work that others have to turn away in a market that has stabilized at a comfortable level but still faces a skilled worker shortage.

Construction Backlog Expands Nearly 3 Percent at the Close of 2015

Tuesday, March 22, 2016

WASHINGTON, D.C., March 22 – The South posted the highest backlog in the history of the Construction Backlog Indicator (CBI) in the fourth quarter of 2015, according to Associated Builders and Contractors (ABC).

Contractor Confidence Dips in First Half of 2016

Thursday, October 13, 2016

WASHINGTON, D.C., OCT. 13–The average contractor is less confident regarding business prospects for the next six months, but the nonresidential construction recovery is anticipated to remain in place, according to the Associated Builders and Contractors (ABC) Construction Confidence Index (CCI) released today. The diffusion index measures forward-looking construction industry expectations in sales, profit margins and staffing levels, with readings above 50 indicating growth.  

Contractor Confidence Down, But Not Out

Thursday, April 14, 2016

WASHINGTON, D.C., April 14—Associated Builders and Contractors’ (ABC) Construction Confidence Index (CCI) showed a slight dip in the second half of 2015, although all three components of the index showed optimism for continued economic growth. The diffusion index measures forward-looking construction industry expectations in sales, profit margins and staffing levels, with readings above 50 indicating growth.

Confidence Rises During the First Half of the Year

Thursday, October 15, 2015

WASHINGTON, D.C. –Associated Builders and Contractors’ (ABC) Construction Confidence Index (CCI) survey indicates that contractor confidence will continue to edge higher in the first half of 2015. The diffusion index measures forward-looking construction industry expectations in sales, profit margins and staffing levels with readings above 50 indicating growth.

Confidence Level Remains Positive During Second Half of 2014

Thursday, April 02, 2015

Associated Builders and Contractors (ABC) Construction Confidence Index (CCI) survey showed a continuing rise in optimism among construction contractors in the second half of 2014. CCI reflects forward-looking construction industry prospects using three measured categories. In the second half of 2014, expectations for profit margin and staffing levels increased, while sales expectations fell.