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, 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 category archives: News Releases

News Release 2022

ABC: Government-Registered Apprenticeship System Woefully Inadequate to Meet Construction’s Skilled Workforce Shortage

Thursday, June 30, 2022 9:55 AM

WASHINGTON, June 30—It would take 14 years for federal and state government-registered apprenticeship programs to educate the 650,000 workers the construction industry needs to hire just in 2022, according to an Associated Builders and Contractors analysis of U.S. Department of Labor data from 2021. DOL data indicate that the construction industry’s federal government-registered apprenticeship system produced just 24,822 completers of its four-to-five-year apprenticeship programs, and in addition, construction industry apprenticeship programs registered with state governments produced an estimated 15,000 to 20,000 completers in FY 2021.

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ABC to White House: Abandon Exclusionary Policies That Reject 87% of Construction Workers

Friday, June 17, 2022 11:57 AM

WASHINGTON, June 17—Associated Builders and Contractors, in reaction to the Biden administration’s announcement today of its Talent Pipeline Challenge initiative, released the following statement highlighting how exclusionary and anti-competitive measures promoted by the Biden administration will exacerbate the skilled labor shortage.

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ABC’s Construction Backlog Indicator Rises in May; Contractor Confidence Falters

Tuesday, June 14, 2022 9:55 AM

WASHINGTON, June 14—Associated Builders and Contractors reports today that its Construction Backlog Indicator increased to nine months in May from 8.8 months in April, according to an ABC member survey conducted May 17 to June 3. The reading is up one month from May 2021.

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Construction Input Prices Are Up 21% From a Year Ago, Says ABC

Tuesday, June 14, 2022 9:29 AM

WASHINGTON, June 14—Construction input prices rose 2.3% in May 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 also increased 2.3% for the month.

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ABC: Nonresidential Construction Adds 19,400 Jobs in May

Friday, June 3, 2022 9:21 AM

WASHINGTON, June 3—The construction industry added 36,000 jobs on net in May, 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 expanded by 283,000 jobs, an increase of 3.8%.

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Construction Job Openings Increase in April, Says ABC

Wednesday, June 1, 2022 11:34 AM

WASHINGTON, June 1—The construction industry registered 449,000 job openings in April, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Opening and Labor Turnover Survey. The JOLTS survey defines a job opening as any unfilled position for which an employer is actively recruiting. Industry job openings increased by 23,000 last month and are up 120,000 from the same time last year.

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Nonresidential Construction Spending Falls in April, Says ABC

Wednesday, June 1, 2022 11:23 AM

WASHINGTON, June 1—National nonresidential construction spending was down 0.4% 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, nonresidential spending totaled $844.4 billion for the month. Despite the monthly setback, nonresidential construction spending is up 6.6% from a year ago.

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ABC to Biden Administration: Withdraw the DOL’s Davis-Bacon Proposed Rule

Wednesday, May 18, 2022 7:55 AM

WASHINGTON, May 18—In a comment letter filed on May 17, Associated Builders and Contractors urged President Biden’s U.S. Department of Labor to withdraw an inflationary and flawed proposed rule revising Davis-Bacon Act and Related Acts regulations that apply to federal and federally assisted construction projects funded by taxpayers.

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Inflationary Davis-Bacon Prevailing Wages Cost Taxpayers More for Public Works Projects

Monday, May 16, 2022 10:55 AM

WASHINGTON, May 16—The flawed method used by the federal government to calculate “prevailing wages” under the 91-year-old Davis-Bacon Act adds at least 7.2% to the cost of federal and federally assisted construction projects and inflates wages by 20.2% compared to local market averages, according to a new report from the Beacon Hill Institute. Associated Builders and Contractors has called on the U.S. Department of Labor to modernize its wage determination process for decades, but a proposed rule the agency released on March 18 actually makes this archaic and unscientific process even more inaccurate, inflationary and biased.

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Monthly Construction Input Prices Increase in April, Says ABC

Thursday, May 12, 2022 10:04 AM

WASHINGTON, May 12—Construction input prices increased 0.8% in April 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 rose 0.9% for the month.

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