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, Oct. 5—Associated Builders and Contractors today announced the members of its second annual Tech Alliance—a consortium of firms that create construction technology and innovative solutions for ABC contractor members, the majority of which primarily perform work in the industrial and commercial sectors. Consisting of 15 companies, the Tech Alliance will leverage technology solutions to help ABC members develop people, win work and deliver work safely, ethically and profitably for the betterment of the communities in which they work.

WASHINGTON, Oct. 1—Associated Builders and Contractors released the following statement on today’s passage of the Infrastructure Investment and Jobs Act.

WASHINGTON, Sept. 27—Associated Builders and Contractors, a steering committee member of the Construction Industry Safety Coalition, released the following statement on CISC’s letter sent today to James Frederick, acting assistant secretary of the Occupational Safety and Health Administration, voicing concerns related to OSHA’s forthcoming COVID-19 vaccination and testing Emergency Temporary Standard, which will apply to employers with 100 or more employees as required by President Biden’s Path Out of the Pandemic COVID-19 Action Plan.

WASHINGTON, Sept. 24—Associated Builders and Contractors released the following statement in response to guidance issued today by the Safer Federal Workforce Task Force about what is required of federal contractors with respect to a vaccine mandate for employees as a result of President Biden’s Executive Order 14042, Ensuring Adequate COVID Safety Protocols for Federal Contractors.

WASHINGTON, Oct. 18—Associated Builders and Contractors today released the following statement about the importance of Construction Inclusion Week, which runs Oct. 18-22.

WASHINGTON, Sept. 10—Construction input prices declined 0.6% in August compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices fell 0.4% for the month.

WASHINGTON, Sept. 9—Associated Builders and Contractors and Procore Technologies, Inc. (NYSE: PCOR), a leading provider of construction management software, today announced a partnership that provides ABC chapters and members exclusive discounted pricing on their new purchases of Procore products and services.

WASHINGTON, Sept. 14—Associated Builders and Contractors reports today that its Construction Backlog Indicator fell sharply to 7.7 months in August, according to an ABC member survey conducted Aug. 19 to Sept. 1. The reading is down 0.8 months from July 2021 and down 0.3 months from August 2020.

WASHINGTON, Sept. 3—The construction industry lost 3,000 jobs on net in August, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Despite the monthly setback, the industry has recovered 881,000 (79.2%) of the jobs lost during earlier stages of the pandemic.

WASHINGTON, Sept. 1—National nonresidential construction spending expanded 0.1% in July, 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 $786.7 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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