ABC’s Construction Backlog Indicator is the only economic indicator that reflects the amount of work that will be performed by commercial and industrial construction contractors in the months ahead. The Construction Confidence Index is a diffusion index that signals construction contractors’ expectations for sales, profit margins and staffing levels. View the methodology for both indicators. 

 

News Releases

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News Releases

WASHINGTON, Dec. 20—Associated Builders and Contractors today issued the following statement announcing its appeal to the U.S. Supreme Court to stay the U.S. Department of Labor’s Occupational Safety and Health Administration’s COVID-19 Vaccination and Testing Emergency Temporary Standard.

WASHINGTON, Dec. 21—Associated Builders and Contractors today released its seventh annual Merit Shop Scorecard, a ranking based on state policies and programs that encourage workforce development, grow career and technical education, strengthen careers in construction and advocate for fair and open competition for taxpayer-funded construction projects.

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

WASHINGTON, Dec. 14—Associated Builders and Contractors reports today that its Construction Backlog Indicator rose to 8.4 months in November, according to an ABC member survey conducted Nov. 19 to Dec. 3. The reading is up 0.3 months from October 2021 and 1.2 months from November 2020.

WASHINGTON, Dec. 7—Associated Builders and Contractors today applauded a federal court for granting a nationwide preliminary injunction order against the federal contractor vaccine mandate. The ruling came from the U.S. District Court for the Southern District of Georgia.

WASHINGTON, Dec. 3—The construction industry added 31,000 jobs on net in November, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Overall, the industry has recovered 998,000 (89.7%) of the jobs lost during earlier pandemic stages.

WASHINGTON, Dec. 6—Associated Builders and Contractors today issued its online Safety Technology Guide, a resource for contractors looking to implement construction technology for the best possible safety performance.

WASHINGTON, Dec. 1—National nonresidential construction spending was up 0.9% in October, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $814.2 billion for the month.

ABC construction economic releases are published according to this schedule in 2023

For media inquiries, please contact Erika Walter, ABC director of media relations, at [email protected].

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