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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News Releases

From category archives: News Releases

News Release 2022

ABC: New WOTUS Definition Muddies the Waters for Contractors

Friday, December 30, 2022 11:29 AM

WASHINGTON, Dec. 30— Associated Builders and Contractors today issued the following statement from Vice President of Regulatory, Labor and State Affairs Ben Brubeck on the U.S. Army Corps of Engineers and U.S. Environmental Protection Agency’s final rule revising the definition of “waters of the United States.”

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ABC: Florida and Arizona Are the Best States for Construction

Thursday, December 15, 2022 9:55 AM

WASHINGTON, Dec. 15—For the fourth time, Florida claimed the top spot in Associated Builders and Contractors’ eighth annual Merit Shop Scorecard, a ranking of all 50 states and the District of Columbia based on policies and programs that strengthen career pathways in construction, encourage workforce development and advocate for fair and open competition on taxpayer-funded construction projects.

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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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ABC: Treasury’s Clean Energy Tax Credit Guidance Provides Almost No Clarity

Tuesday, November 29, 2022 7:23 PM

WASHINGTON, Nov. 29—Associated Builders and Contractors released the following statement responding to guidance released today by the U.S. Treasury Department and Internal Revenue Service regarding tax credits for private clean energy projects funded by the Inflation Reduction Act conditioned on compliance with prevailing wage and government-registered apprenticeship requirements.

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ABC Convention 2023 Is Heading to Orlando

Thursday, November 17, 2022 9:55 AM

WASHINGTON, Nov. 17—Associated Builders and Contractors today announced the details of ABC Convention 2023, which will take place at the Gaylord Palms in Kissimmee, Florida, from March 15-17. ABC’s annual convention celebrates the best of the best in merit shop construction, honoring the member companies and individuals who lead the industry in representing the association’s core values.

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ABC Elects 2023 National Chair, Executive Committee

Wednesday, November 16, 2022 11:36 AM

WASHINGTON, Nov. 16—Associated Builders and Contractors today announced that Milton Graugnard, executive vice president, Cajun Industries LLC, Baton Rouge, Louisiana, was elected the 2023 ABC national chair at a board of directors meeting held in conjunction with the association’s annual Leadership Institute in Coronado, California.

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