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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. 

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 Economics

Construction Economics

ABC’s Construction Backlog Indicator Inches Higher in May; Contractor Confidence Continues to Rebound

Tuesday, June 9, 2020 9:10 AM

WASHINGTON, June 9—Associated Builders and Contractors reported today that its Construction Backlog Indicator rose to 7.9 months in May, an increase of less than 0.1 months from April’s reading. Furthermore, based on an ABC member survey conducted May 20-June 3, results indicate that confidence among U.S. construction industry leaders continued to rebound from the historically low levels observed in the March survey.

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Construction Employment Sees Record Rebound in May, Says ABC

Friday, June 5, 2020 10:57 AM

WASHINGTON, June 5—The construction industry added 464,000 net new jobs in May, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. May represented the largest monthly increase in construction jobs since the government began tracking employment in 1939, a drastic improvement from April, which recorded the industry’s largest month-over-month job loss.

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Nonresidential Construction Spending Falls in April, Says ABC

Monday, June 1, 2020 11:52 AM

WASHINGTON, June 1—National nonresidential construction spending decreased by 1.8% in April, 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 $801.8 billion for the month, a 0.9% increase from April 2019.

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ABC Economist: From All Systems Go to a Deep Recession in One Month

Friday, May 15, 2020 10:47 AM

WASHINGTON, May 15—Associated Builders and Contractors Chief Economist Anirban Basu warned the economic recovery following the COVID-19 outbreak would be quite different for the nonresidential construction industry compared to previous recessions, according to an economic outlook published in Construction Executive magazine.

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Drop in April Construction Input Prices Could Help Stabilize Nonresidential Construction Sector, Says ABC

Wednesday, May 13, 2020 12:15 PM

WASHINGTON, May 13Construction input prices fell 4.4% in April from 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 declined 4.2% for the month.

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ABC’s Construction Backlog Indicator Falls in April; Contractor Confidence Rebounds from Historic Lows

Tuesday, May 12, 2020 9:10 AM

WASHINGTON, May 12—Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 7.8 months in April, the series’ lowest reading since the third quarter of 2012. Based on an ABC member survey conducted April 20-May 4, the results indicate that confidence among U.S. construction industry leaders inched higher last month compared to the historically low levels observed in the March survey.

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Nonresidential Construction Employment Sees Record Loss in April, Says ABC

Friday, May 8, 2020 10:58 AM

WASHINGTON, May 8The construction industry lost 975,000 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. This was the largest recorded decrease in construction jobs since the government began tracking employment in 1939, despite construction remaining an essential industry in much of the nation through April.

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Nonresidential Construction Spending Falls Slightly in March, Says ABC

Friday, May 1, 2020 12:26 PM

WASHINGTON, May 1—National nonresidential construction spending fell 0.1% in March and is up 2.0% compared to the same time last year, 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 $802.6 billion for the month.

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U.S. Economy Fell 4.8% in 1st Quarter of 2020 Due to COVID-19, Says ABC

Wednesday, April 29, 2020 11:35 AM

WASHINGTON, April 29—The U.S. economy contracted at an annualized 4.8% rate during the first quarter of 2020 as a result of the ongoing global pandemic, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Economic Analysis. The decline in GDP is largely a reflection of the final three weeks of March, which devastated the economy.

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Construction Contractor Confidence Plummets in Response to COVID-19, Says ABC

Thursday, April 23, 2020 9:30 AM

WASHINGTON, April 23—Confidence among U.S. construction industry leaders plummeted in response to the economic fallout associated with COVID-19, according to the Associated Builders and Contractors Construction Confidence Index released today. Readings for sales, profit margins and staffing levels expectations fell below the threshold of 50 for the first time in the history of the series, signaling expected contraction along all three dimensions. CCI is based on a survey of ABC members, which was conducted March 20-31. 

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