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 Economics

Inflation Easing: Monthly Construction Input Prices Drop 2.7% in December, Says ABC

Wednesday, January 18, 2023 9:18 AM

WASHINGTON, Jan. 18—Construction input prices fell 2.7% 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 declined 2.7% for the month.

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ABC’s Construction Backlog Indicator Flat in December at Highest Level Since Q2 2019

Tuesday, January 10, 2023 9:55 AM

WASHINGTON, Jan. 10—Associated Builders and Contractors reports today that its Construction Backlog Indicator remained unchanged at 9.2 months in December, according to an ABC member survey conducted Dec. 20, 2022, to Jan. 5, 2023. The reading is one month higher than in December 2021.

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Construction Employment Up By 28,000 in December, Says ABC

Friday, January 6, 2023 9:36 AM

WASHINGTON, Jan. 6—The construction industry added 28,000 jobs on net in December, 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 risen by 231,000 jobs or 3.1%.

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ABC: Construction Job Openings Flat in November

Wednesday, January 4, 2023 11:27 AM

WASHINGTON, Jan. 4—The construction industry registered 388,000 job openings in November, 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 declined by 2,000 last month but are up 22,000 from the same time last year.

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Nonresidential Construction Spending Increases 1% in November, Says ABC

Tuesday, January 3, 2023 11:09 AM

WASHINGTON, Jan. 3—National nonresidential construction spending grew 0.9% in November, 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 $930.1 billion for the month.

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Commercial, Institutional and Health Care Construction Drive ABC’s Backlog Indicator to Highest Level Since Q2 2019

Tuesday, December 13, 2022 9:50 AM

WASHINGTON, Dec. 13—Associated Builders and Contractors reports today that its Construction Backlog Indicator increased to 9.2 months in November, according to an ABC member survey conducted Nov. 21 to Dec. 6. The reading is 0.8 months higher than in November 2021.

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ABC: Construction Materials Prices Down 1% in November, Still Up 40% Since February 2020

Friday, December 9, 2022 9:35 AM

WASHINGTON, Dec. 9—Construction input prices declined 0.9% in November 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 0.8% for the month.

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Construction Employment Increases by 20,000 in November, Says ABC

Friday, December 2, 2022 9:21 AM

WASHINGTON, Dec. 2—The construction industry added 20,000 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. On a year-over-year basis, industry employment has risen by 248,000 jobs, an increase of 3.3%. 

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ABC: Nonresidential Construction Spending Down 0.3% in October

Thursday, December 1, 2022 11:08 AM

WASHINGTON, Dec. 1—National nonresidential construction spending was down by 0.3% 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 $898.4 billion for the month.

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Construction Job Openings Decreased By 52,000 in October, Says ABC

Wednesday, November 30, 2022 10:50 AM

WASHINGTON, Nov. 30—The construction industry had 371,000 job openings in October, 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 52,000 last month and are down 21,000 from the same time last year.

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