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.  

For media inquiries, please contact Erika Walter, ABC’s director of media relations at [email protected] or (202)905-2104 

Click here to subscribe to ABC’s news releases or here to receive ABC's weekly newsletter, Newsline. 

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News Releases

From category archives: News Releases

Construction Economics

Construction Input Prices Up 3% in March, 24% Year Over Year, Says ABC

Wednesday, April 13, 2022 9:38 AM

WASHINGTON, April 13—Construction input prices rose 2.9% in March, 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 expanded 2.8% for the month.

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In: Construction Economic Update, Construction Economics, Materials Prices, News Release 2022 |

ABC: Construction Backlog Up, Contractor Confidence Down in March

Tuesday, April 12, 2022 9:50 AM

WASHINGTON, April 12—Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 8.3 months in March, according to an ABC member survey conducted Mar. 22 to April 5. The reading is up 0.5 months from March 2021.

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In: Construction Economic Update, Construction Backlog Indicator, Construction Confidence Index, Construction Economics, News Release 2022 |

Nonresidential Construction Spending Drops Slightly in February, Says ABC

Friday, April 1, 2022 10:53 AM

WASHINGTON, April 1—National nonresidential construction spending was down 0.1% in February, 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 $844.5 billion for the month.

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In: Construction Spending, Construction Economic Update, Construction Economics, News Release 2022 |

Nonresidential Construction Adds 11,300 Jobs in March; Employment Now Exceeds Pre-Pandemic Levels, Says ABC

Friday, April 1, 2022 9:42 AM

WASHINGTON, April 1—The construction industry added 19,000 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. After 23 months of recovery, construction employment has at last exceeded pre-pandemic levels. On a year-over-year basis, industry employment has expanded by 220,000 jobs, an increase of 3.0%. 

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In: Employment, Construction Economic Update, Construction Economics, News Release 2022 |

Construction Input Prices Rise 2.6% in February, Says ABC

Tuesday, March 15, 2022 10:11 AM

WASHINGTON, March 15—Construction input prices increased 2.6% in February 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 2.5% for the month.

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In: Construction Economic Update, Construction Economics, Materials Prices, News Release 2022 |

ABC Construction Backlog Indicator Unchanged in February; Contractors Remain Confident

Tuesday, March 15, 2022 9:50 AM

WASHINGTON, March 15—Associated Builders and Contractors reported today that its Construction Backlog Indicator remained unchanged at 8.0 months in February, according to an ABC member survey conducted Feb. 21 to March 8. The reading is down 0.2 months from February 2021.

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In: Construction Backlog Indicator, Construction Confidence Index, Construction Economics, News Release 2022 |

Construction Input Prices Rise 2.6% in February, Says ABC

Tuesday, March 15, 2022 9:33 AM

WASHINGTON, March 15—Construction input prices increased 2.6% in February 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 2.5% for the month.

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In: Construction Economics, Materials Prices, News Release 2022 |

Construction Employment Surges in February to Near Pre-Pandemic Levels, Says ABC

Friday, March 4, 2022 9:42 AM

WASHINGTON, March 4—The construction industry added 60,000 jobs on net in February, 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 virtually all (99.0%) of the jobs lost during earlier stages of the pandemic.

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In: Employment, Construction Economic Update, Construction Economics, News Release 2022 |

Nonresidential Construction Spending Growth Weak in January, Says ABC

Tuesday, March 1, 2022 12:04 PM

WASHINGTON, March 1 — National nonresidential construction spending was up 1.3% in January, 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 $838.9 billion for the month.

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In: Construction Spending, Construction Economics, News Release 2022 |

ABC: Construction Industry Faces Workforce Shortage of 650,000 in 2022

Wednesday, February 23, 2022 9:50 AM

WASHINGTON, Feb. 23—The construction industry will need to attract nearly 650,000 additional workers on top of the normal pace of hiring in 2022 to meet the demand for labor, according to a model developed by Associated Builders and Contractors.

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In: Employment, Construction Economic Update, Construction Economics, Workforce and Safety, News Release 2022 |
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