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, job openings 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 here. ABC construction economic releases are published according to this schedule for 2023.  

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News Releases

From category archives: News Releases

Construction Economic Update

ABC Construction Backlog Indicator Rebounds in April Due to Infrastructure Category Strength

Tuesday, May 16, 2023 9:55 AM

ABC Construction Backlog Indicator Rebounds in April Due to Infrastructure Category Strength

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In: Construction Economic Update, Construction Backlog Indicator, Construction Confidence Index, Construction Economics, News Release 2023 |

Construction Input Prices Down Year Over Year for Second Straight Month, Says ABC

Thursday, May 11, 2023 9:37 AM

WASHINGTON, May 11—Construction input prices increased 0.2% in April 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 rose 0.4% for the month.

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In: Construction Economic Update, Construction Economics, Materials Prices, News Release 2023 |

Construction Adds 15,000 Jobs in April, Says ABC

Friday, May 5, 2023 9:27 AM

WASHINGTON, May 5—The construction industry added 15,000 jobs on net in April, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment expanded by 205,000 jobs, an increase of 2.7%.

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In: Employment, Construction Economic Update, Construction Economics, News Release 2023 |

ABC: Construction Unemployment Is Down in 32 States From a Year Ago

Wednesday, May 3, 2023 9:55 AM

WASHINGTON, May 3—The not seasonally adjusted national construction unemployment rate dropped 0.4% in March 2023 from a year ago, down from 6% to 5.6%, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. Thirty-two states had lower unemployment rates over the same period, five were unchanged and 13 states were higher.

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In: Construction Economic Update, Construction Economics, State Unemployment, News Release 2023 |

ABC: Construction Job Openings Down By 63,000 in March

Tuesday, May 2, 2023 10:48 AM

WASHINGTON, May 2—The construction industry had 341,000 job openings in March, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting. Industry job openings decreased by 63,000 last month and are down by 72,000 from the same time last year.

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In: Construction Economic Update, Construction Economics, JOLTS, News Release 2023 |

Nonresidential Construction Spending Increases By 0.7% in March, Says ABC

Monday, May 1, 2023 11:00 AM

WASHINGTON, May 1—National nonresidential construction spending increased by 0.7% 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 $997.1 billion for the month.

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In: Construction Spending, Construction Economic Update, Construction Economics, News Release 2023 |

ABC: March Construction Input Prices Down Year-Over-Year for First Time Since August 2020, Still 39% Higher Than February 2020

Thursday, April 13, 2023 9:37 AM

WASHINGTON, April 13—Construction input prices increased 0.2% in March, 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 0.4% for the month.

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In: Construction Economic Update, Construction Economics, Materials Prices, News Release 2023 |

ABC’s March Construction Backlog Indicator Down to Lowest Level Since August 2022

Tuesday, April 11, 2023 9:55 AM

WASHINGTON, April 11—Associated Builders and Contractors reported today that its Construction Backlog Indicator declined to 8.7 months in March, according to an ABC member survey conducted March 20 to April 3. The reading is 0.4 months higher than in March 2022.

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In: Construction Economic Update, Construction Backlog Indicator, Construction Confidence Index, Construction Economics, News Release 2023 |

Construction Employment Decreases By 9,000 in March, Says ABC

Friday, April 7, 2023 9:32 AM

WASHINGTON, April 7—The construction industry lost 9,000 jobs on net in March, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has grown by 196,000 jobs, an increase of 2.5%. 

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In: Employment, Construction Economic Update, Construction Economics, News Release 2023 |

ABC: Construction Job Openings Jump By 129,000 in February; Sharp Contrast to January’s Steep Decline

Tuesday, April 4, 2023 11:02 AM

WASHINGTON, April 4—The construction industry supported 412,000 job openings in February, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting. Industry job openings increased by 129,000 last month, but are down 9,000 from the same time last year.

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In: Construction Economic Update, Construction Economics, JOLTS, News Release 2023 |
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For media inquiries, please contact Donna Reichle, ABC’s senior director of communcations and marketing at [email protected]

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