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 hereABC construction economic releases are published according to this schedule for 2023 

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 category archives: News Releases

Construction Economic Update

U.S. Economy Grows in Fourth Quarter, But Investment in Structures Declines Again, Says ABC

Thursday, January 27, 2022 10:24 AM

WASHINGTON, Jan. 27—The U.S. economy grew at a 6.9% annualized rate in the fourth quarter of 2021, according to an Associated Builders and Contractors analysis of data released today by the Bureau of Economic Analysis. Investment in nonresidential structures decreased at an annual rate of 11.4% for the quarter and has now contracted in eight of the past nine quarters.

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Monthly Construction Input Prices Increase in December, Says ABC

Thursday, January 13, 2022 9:28 AM

WASHINGTON, Jan. 13—Construction input prices rose 0.6% in December 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 also rose 0.6% for the month.

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ABC’s Construction Backlog Slips in December; Contractor Confidence Continues to Improve

Tuesday, January 11, 2022 9:45 AM

WASHINGTON, Jan. 11—Associated Builders and Contractors reports today that its Construction Backlog Indicator fell to 8.2 months in December, according to an ABC member survey conducted from Dec. 16 to Jan. 4. The reading is down 0.2 months from November 2021, but up 0.9 months from December 2020.

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Nonresidential Construction Employment Up 27,000 in December, Says ABC

Friday, January 7, 2022 9:47 AM

WASHINGTON, Jan. 7—The construction industry added 22,000 net jobs in December, 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 slightly more than one million (92.1%) of the jobs lost during earlier pandemic stages.

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Nonresidential Construction Spending Flat in November, Says ABC

Monday, January 3, 2022 12:04 PM

WASHINGTON, Jan. 3—National nonresidential construction spending was virtually unchanged in November on a monthly basis, 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 $820.6 billion for the month.

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ABC: Construction Backlog and Contractor Confidence Rebound in November

Tuesday, December 14, 2021 9:50 AM

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.

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Monthly Construction Input Prices Continue to Climb in November, Says ABC

Tuesday, December 14, 2021 9:50 AM

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.

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Nonresidential Construction Employment Rises in November, Says ABC

Friday, December 3, 2021 9:40 AM

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.

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Nonresidential Construction Spending Increases Nearly 1% in October, Says ABC

Wednesday, December 1, 2021 11:18 AM

WASHINGTON, Dec. 1National 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.

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Construction Input Prices See Largest Monthly Increase Since June, Says ABC

Tuesday, November 9, 2021 11:13 AM

WASHINGTON, Nov. 9—Construction input prices increased 1.5% in October, 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 increased 1.4% for the month.

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