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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 Rachel O’Grady, ABC’s media relations director, at ogrady@abc.org or (202) 905-2104.

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From the category archives: Construction Economics

Construction Economics

U.S. Economy Expands at 33.1% annual rate in Q3 of 2020, says ABC

Thursday, October 29, 2020 11:14 AM

WASHINGTON, Oct. 29—The U.S. economy expanded at an annualized rate of 33.1% during the third quarter of 2020, helping to offset a significant share of the economic loss sustained during the second quarter, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Economic Analysis. Increases in personal consumption expenditures, private inventory investment and exports drove the partial rebound.

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Monthly Construction Input Prices Rise in September, Says ABC

Wednesday, October 14, 2020 10:50 AM

WASHINGTON, Oct. 14—Construction input prices increased 1.6% in September compared to the previous month, according to an Associated Builders and Contractors analysis of Producer Price Index data released today by the U.S. Bureau of Labor Statistics. Nonresidential construction input prices rose 1.4% for the month.

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ABC’s Construction Backlog Slips in September; Contractors Remain Optimistic

Tuesday, October 13, 2020 9:35 AM

WASHINGTON, Oct. 13—Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 7.5 months in September, a decline of 0.5 months from August’s reading, according to an ABC member survey conducted Sept. 20-Oct. 6. Backlog is 1.5 months lower than in September 2019.

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Nonresidential Construction Employment Expands in September, Says ABC

Friday, October 2, 2020 10:48 AM

WASHINGTON, Oct. 2—The construction industry added 26,000 jobs on net in September, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. During the last five months, the industry has added 689,000 jobs, recovering approximately 64% of the jobs lost since the start of the pandemic.

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ABC’s Construction Backlog Indicator Rebounds in August; Contractor Optimism Builds

Tuesday, September 15, 2020 9:35 AM

WASHINGTON, Sept. 15—Associated Builders and Contractors reported today that its Construction Backlog Indicator rebounded to 8.0 months in August, an increase of 0.2 months from July’s reading, according to an ABC member survey conducted Aug. 20-Sept. 1. The August backlog is a half-month lower than in August 2019.

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Monthly Construction Input Prices Rise in August, Says ABC

Thursday, September 10, 2020 11:50 AM

WASHINGTON, Sept. 10—Construction input prices expanded 0.6% in August over 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 increased 0.3% for the month.

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Construction Employment Continues to Recover in August, Says ABC

Friday, September 4, 2020 10:45 AM

WASHINGTON, Sept. 4—Construction industry employment expanded by 16,000 jobs on net in August, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Over the last four months, the industry added 658,000 jobs, recovering approximately 61% of the jobs lost during March and April.

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Nonresidential Construction Spending Falls Again in July, Says ABC

Tuesday, September 1, 2020 11:35 AM

WASHINGTON, Sept. 1National nonresidential construction spending fell 1.2% in July, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, spending totaled $809.1 billion for the month.

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Monthly Construction Input Prices Rise Again in July, Says ABC

Tuesday, August 11, 2020 10:30 AM

WASHINGTON, Aug. 11—Construction input prices rose 1.9% in July over 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 1.8% for the month.

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ABC’s Construction Backlog Indicator Down in July; Contractor Optimism Falls

Tuesday, August 11, 2020 9:25 AM

WASHINGTON, Aug. 11—Associated Builders and Contractors reported today that its Construction Backlog Indicator declined to 7.8 months in July, a decrease of 0.3 months from the June reading, according to an ABC member survey conducted from July 20 to Aug. 5. Backlog is a full month lower than in July 2019.

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