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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 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

Monthly Construction Input Prices Rise in March, Says ABC

Friday, April 9, 2021 10:25 AM

WASHINGTON, April 9—Construction input prices rose 3.5% in March 2021, 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 also increased 3.5% for the month.

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Construction Adds 110,000 Jobs in March: Here Comes the Tsunami of Growth, Says ABC

Friday, April 2, 2021 9:45 AM

WASHINGTON, April 2—The construction industry added 110,000 jobs in March, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. The industry has added 931,000 jobs since April 2020, recovering 83.6% of the jobs lost during earlier stages of the COVID-19 pandemic.

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Nonresidential Construction Spending Down 1.3% in February, Says ABC

Thursday, April 1, 2021 11:33 AM

WASHINGTON, April 1—National nonresidential construction spending declined 1.3% in February, 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 $789.5 billion for the month.

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ABC: The Construction Industry Needs to Hire an Additional 430,000 Craft Professionals in 2021

Tuesday, March 23, 2021 4:25 PM

WASHINGTON, March 23—In 2021, construction companies will need to hire 430,000 more workers than they employed in 2020, according to an analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. The analysis also revealed that every $1 billion in extra construction spending generates an average of at least 5,700 construction jobs.

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Monthly Construction Input Prices Rise 2.1% in February, Says ABC

Friday, March 12, 2021 9:44 AM

WASHINGTON, March 12—Construction input prices rose 2.1% in February 2021, 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 also increased 2.1% for the month.

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ABC’s Construction Backlog Indicator Rose Sharply in February; Contractor Optimism Builds

Tuesday, March 9, 2021 9:50 AM

WASHINGTON, March 9- Associated Builders and Contractors reported today that its Construction Backlog Indicator rose to 8.2 months in February, according to an ABC member survey conducted from Feb. 22 to March 3. This is up 0.7 months from January’s reading, but is still 0.7 months lower than in February 2020.

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Nonresidential Construction Employment Decreases in February, Says ABC

Friday, March 5, 2021 9:43 AM

WASHINGTON, March 5—The construction industry lost 61,000 jobs on net in February, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. During the last ten months, the industry has added 805,000 jobs, recovering 72.3% of the jobs lost during the earlier stages of the pandemic.

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Nonresidential Construction Spending Stabilizes in January 2021, Down 5% Since January 2020, Says ABC

Monday, March 1, 2021 11:05 AM

WASHINGTON, March 1—National nonresidential construction spending increased 0.9% on a monthly basis in January 2021 but is down 5% since January 2020, 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 $799.1 billion for the month.

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Monthly Construction Input Prices Surge 2.5% in January, Says ABC

Wednesday, February 17, 2021 9:35 AM

WASHINGTON, Feb. 17—Construction input prices increased 2.5% in January 2021 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 rose 2.1% for the month.

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Construction Backlog and Contractor Optimism Rise to Start 2021, According to ABC Member Survey

Tuesday, February 9, 2021 9:58 AM

WASHINGTON, Feb.9—Associated Builders and Contractors reported today that its Construction Backlog Indicator rose to 7.5 months in January 2021, an increase of 0.2 months from its December 2020 reading, according to an ABC member survey conducted from Jan. 20 to Feb. 2. Despite the monthly uptick, backlog is 0.9 months lower than in January 2020.

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