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.  

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From category archives: News Releases

News Release 2022

U.S. Economy Grows in Fourth Quarter, But Investment in Structures Declines Again, Says ABC

Thursday, January 27, 2022 10:24 AM

WASHINGTON, Jan. 27—The U.S. economy grew at a 6.9% annualized rate in the fourth quarter of 2021, according to an Associated Builders and Contractors analysis of data released today by the Bureau of Economic Analysis. Investment in nonresidential structures decreased at an annual rate of 11.4% for the quarter and has now contracted in eight of the past nine quarters.

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

ABC Cheers Supreme Court OSHA COVID-19 Vaccination Mandate Ruling

Thursday, January 13, 2022 2:49 PM

WASHINGTON, Jan. 13—Associated Builders and Contractors today applauded the U.S. Supreme Court for reinstating the stay on the U.S. Department of Labor’s Occupational Safety and Health Administration’s COVID-19 Vaccination and Testing Emergency Temporary Standard, which applies to employers with 100 or more employees. On behalf of the construction industry, ABC filed one of the emergency appeals to the Supreme Court leading to this successful outcome.

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In: Policy, Politics and Policy, News Release 2022 |

Monthly Construction Input Prices Increase in December, Says ABC

Thursday, January 13, 2022 9:28 AM

WASHINGTON, Jan. 13—Construction input prices rose 0.6% in December 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 rose 0.6% for the month.

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

ABC’s Construction Backlog Slips in December; Contractor Confidence Continues to Improve

Tuesday, January 11, 2022 9:45 AM

WASHINGTON, Jan. 11—Associated Builders and Contractors reports today that its Construction Backlog Indicator fell to 8.2 months in December, according to an ABC member survey conducted from Dec. 16 to Jan. 4. The reading is down 0.2 months from November 2021, but up 0.9 months from December 2020.

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

Nonresidential Construction Employment Up 27,000 in December, Says ABC

Friday, January 7, 2022 9:47 AM

WASHINGTON, Jan. 7—The construction industry added 22,000 net jobs in December, 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 slightly more than one million (92.1%) of the jobs lost during earlier pandemic stages.

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

Nonresidential Construction Spending Flat in November, Says ABC

Monday, January 3, 2022 12:04 PM

WASHINGTON, Jan. 3—National nonresidential construction spending was virtually unchanged in November on a monthly basis, 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 $820.6 billion for the month.

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

Nonresidential Construction Spending Declines in November, Says ABC

Monday, January 4, 2021 11:49 AM

National nonresidential construction spending fell 0.6% in November 2020, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, spending totaled $792.5 billion for the month.

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In: Construction Spending, Construction Economic Update, Construction Economics, News Release 2022 |
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For media inquiries, please contact Donna Reichle, ABC’s senior director of communcations and marketing at [email protected]

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