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 

 

From category archives: News Releases

ABC: Construction Unemployment Is Down in 32 States From a Year Ago

Wednesday, May 3, 2023 9:55 AM

WASHINGTON, May 3—The not seasonally adjusted national construction unemployment rate dropped 0.4% in March 2023 from a year ago, down from 6% to 5.6%, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. Thirty-two states had lower unemployment rates over the same period, five were unchanged and 13 states were higher.

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ABC: State Construction Unemployment Is Down in 32 States From a Year Ago

Monday, February 6, 2023 9:55 AM

WASHINGTON, Feb. 6—The not seasonally adjusted national construction unemployment rate dropped 0.6% in December 2022 from a year ago, down from 5% to 4.4%, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. Thirty-two states had lower unemployment rates over the same period, Iowa and Missouri were unchanged and 16 states were higher.

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ABC: State Construction Unemployment Is Down in 42 States From a Year Ago

Thursday, November 3, 2022 9:55 AM

WASHINGTON, Nov. 3—The not seasonally adjusted national construction unemployment rate dropped 1.1% in September 2022 from a year ago, down from 4.5% to 3.4%, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. Forty-two states had lower unemployment rates over the same period, Arkansas and Wisconsin were unchanged and six states were higher. Almost half of the states had estimated construction unemployment rates at or below 3%.

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ABC: Construction Unemployment Is Under 2% in 10 States

Wednesday, August 3, 2022 9:55 AM

WASHINGTON, Aug. 3—The not seasonally adjusted national construction unemployment rate plunged 3.8% in June 2022 from June 2021, down from 7.5% to 3.7%. Meanwhile, all 50 states had lower unemployment rates over the same period, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. Ten states had an estimated construction unemployment rate under 2%; the highest unemployment rate was 6.5% in New Mexico.

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ABC: State Construction Unemployment Is Down in 45 States From a Year Ago

Wednesday, April 27, 2022 9:55 AM

WASHINGTON, April 27—The not seasonally adjusted national construction unemployment rate dropped 2.6% in March 2022 from a year ago, down from 8.6% to 6%, while 45 states had lower unemployment rates over the same period, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. This considerable improvement occurred as cases of the omicron variant fell and many states began lifting some or all of their COVID-19 restrictions.

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ABC: State Construction Unemployment Is Down in Every State From a Year Ago

Monday, February 7, 2022 9:45 AM

WASHINGTON, Feb. 7—The not seasonally adjusted national construction unemployment rate plunged 4.6% in December 2021 from a year ago, down from 9.6% to 5%, while all 50 states had lower unemployment rates over the same period, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. This substantial improvement occurred even as the omicron COVID-19 variant was sweeping the nation.

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State Construction Unemployment Rates Down in 49 States From a Year Ago, Says ABC

Wednesday, November 3, 2021 4:00 PM

WASHINGTON, Nov. 3—The not seasonally adjusted national construction unemployment rate dropped 2.6% in September 2021 from a year ago while 49 states had lower unemployment rates over the same period, according to state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. Only one state, Alaska, had a higher estimated rate than it did in September 2020.

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State Construction Unemployment Rates Down in 45 States From a Year Ago, Says ABC

Wednesday, July 28, 2021 9:50 AM

WASHINGTON, July 28—The not seasonally adjusted national construction unemployment rate was down 2.6% in June 2021 from a year ago and 45 states had lower unemployment rates over the same period, according to state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. Although not back to pre-pandemic levels, both overall employment and construction employment have demonstrated significant improvement during the past year.

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Drop in State Construction Unemployment Rates Points to Industry Recovery, Says ABC

Wednesday, April 28, 2021 9:50 AM

WASHINGTON, April 28—Construction employment is holding its own, although it is not back to pre-pandemic levels, according to state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors for March 2021. These data show that on a year-over-year basis, the not seasonally adjusted construction unemployment rates rose nationally and in 33 states, fell in 15 states and were unchanged in two states, Oklahoma and Washington.

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While State Construction Unemployment Rates End Poorly in 2020, Industry Continues to Perform Better Than Other Sectors Nationally, Says ABC

Thursday, February 4, 2021 9:44 AM

WASHINGTON, Feb. 4—As the nation struggles with the economic effects from the COVID-19 pandemic, construction employment continues to perform better than many other occupational groups, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. In December 2020, on a year-over-year basis, not seasonally adjusted construction unemployment rates rose nationally and in 48 states, and national NSA construction employment was down 125,000 from December 2019. However, national construction employment was only 3% below its pre-pandemic peak in February 2020 on a seasonally adjusted basis.

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