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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. 

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 Erika Walter, ABC’s director of media relations at [email protected] or (202)905-2104 

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From the category archives: Construction Economic Update

Construction Economic Update

ABC’s Construction Backlog Inches Higher in May; Materials and Labor Shortages Suppress Contractor Confidence

Tuesday, June 15, 2021 9:50 AM

WASHINGTON, June 15— Associated Builders and Contractors reports today that its Construction Backlog Indicator rose to 8.0 months in May, according to an ABC member survey conducted from May 20 to June 2, 0.1 months higher than in April 2021 and May 2020.

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Construction Input Prices Rise 4.6% in May; Softwood Lumber Prices Up 154% From a Year Ago, Says ABC

Tuesday, June 15, 2021 9:45 AM

WASHINGTON, June 15—Construction input prices increased 4.6% in May 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 increased 4.8% for the month.

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Construction Employment Decreases in May; Labor and Materials Shortages Frustrate Job Growth, Says ABC

Friday, June 4, 2021 10:00 AM

WASHINGTON, June 4—The construction industry lost 20,000 jobs on net in May, 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 888,000 (79.8%) of the jobs lost during earlier stages of the pandemic.

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Nonresidential Construction Spending Decreases 0.5% in April, Says ABC

Tuesday, June 1, 2021 10:09 AM

WASHINGTON, June 1—National nonresidential construction spending declined 0.5% in April, 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 $786.2 billion for the month.

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Monthly Construction Input Prices Rise 1.3% in April, Says ABC

Thursday, May 13, 2021 9:53 AM

WASHINGTON, May 13—Construction input prices increased 1.3% in April 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 increased 1.6% for the month.

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ABC’s Construction Backlog Inches Up in April; Contractor Optimism Slips

Tuesday, May 11, 2021 9:45 AM

WASHINGTON, May 11— Associated Builders and Contractors reported today that its Construction Backlog Indicator rose to 7.9 months in April, according to an ABC member survey conducted April 20-May 5, 0.1 months higher than in March 2021 and April 2020.

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Construction Employment Unchanged in April, Says ABC

Friday, May 7, 2021 10:17 AM

WASHINGTON, May 7—Construction industry employment remained unchanged in April, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Over the last year, the industry has added 917,000 jobs, recovering 82.4% of the jobs lost during the first months of the COVID-19 pandemic.

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Nonresidential Construction Spending Decreases 1.1% in March, Says ABC

Monday, May 3, 2021 11:45 AM

WASHINGTON, May 3—National nonresidential construction spending declined 1.1% in March, 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 $778.5 billion for the month.

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GDP and Construction: Investment in Nonresidential Structures Declines 4.8% in Q1, Says ABC

Thursday, April 29, 2021 9:11 AM

WASHINGTON, April 29The U.S. economy expanded at a 6.4% annualized rate during the first quarter of 2021; however, investment in nonresidential structures declined at a 4.8% rate for the quarter, according to analysis conducted by Associated Builders and Contractors of data released today by the Bureau of Economic Analysis.

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Drop in State Construction Unemployment Rates Points to Industry Recovery, Says ABC

Wednesday, April 28, 2021 9:50 AM

WASHINGTON, April 28—Construction employment is holding its own, although it is not back to pre-pandemic levels, according to state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors for March 2021. These data show that on a year-over-year basis, the not seasonally adjusted construction unemployment rates rose nationally and in 33 states, fell in 15 states and were unchanged in two states, Oklahoma and Washington.

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