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

Monthly Construction Input Prices Inch Higher in October, Says ABC

Tuesday, November 15, 2022 11:27 AM

WASHINGTON, Nov. 15—Construction input prices increased 0.3% in October 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 increased 0.2% for the month.

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

ABC: Construction Backlog and Contractor Confidence Waver in October

Tuesday, November 15, 2022 8:25 AM

WASHINGTON, Nov. 15—Associated Builders and Contractors reports today that its Construction Backlog Indicator declined to 8.8 months in October, according to an ABC member survey conducted Oct. 20 to Nov. 4. The reading is 0.7 months higher than in October 2021.

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

ABC: Inflation Reduction Act Tax Policies Undermine Taxpayer Investments in Clean Energy Construction Projects

Monday, November 7, 2022 8:05 AM

WASHINGTON, Nov. 7—Associated Builders and Contractors has submitted comments to the U.S. Department of Treasury and the Internal Revenue Service regarding implementation of tax credits for clean energy construction projects funded by the Inflation Reduction Act, contingent upon new controversial prevailing wage, apprenticeship and domestic content requirements.

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

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

ABC Joins Lawsuit Challenging Connecticut’s Ban on ‘Captive Audience’ Meetings

Tuesday, November 1, 2022 2:05 PM

WASHINGTON, Nov. 1—Today, Associated Builders and Contractors and ABC of Connecticut joined the U.S. Chamber of Commerce and several other organizations in filing a lawsuit in the U.S. District Court District of Connecticut challenging an unconstitutional labor law passed by the state of Connecticut.

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

ABC: Construction Job Openings Increased by 36,000 in September

Tuesday, November 1, 2022 11:09 AM

WASHINGTON, Nov. 1—The construction industry had 422,000 job openings in September, 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 increased by 36,000 last month and are up 74,000 from a year ago.

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

Investment in Structures Falls Again in Third Quarter Even as US Economy Expands, Says ABC

Thursday, October 27, 2022 9:52 AM

WASHINGTON, Oct. 27—The U.S. economy expanded at a 2.6% annualized rate in the third quarter of 2022, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Economic Analysis. Investment in nonresidential structures decreased at an annual rate of 15.3% for the quarter and has now contracted in 10 of the past 12 quarters.

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

ABC, Lawmakers and Industry Groups Call on President Biden to Withdraw His Inflationary PLA Mandate Policies

Wednesday, October 19, 2022 9:00 AM

WASHINGTON, Oct. 19—Associated Builders and Contractors has submitted more than 40 pages of comments to the Federal Acquisition Regulatory Council calling on the Biden administration to withdraw a controversial proposed rule that would require anti-competitive and inflationary project labor agreements on federal construction contracts of $35 million or more.

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

ABC: Enhancing Inclusion Creates Needed Change in the Construction Industry

Monday, October 17, 2022 9:50 AM

WASHINGTON, Oct. 17—Associated Builders and Contractors today announced its strong support of the second annual Construction Inclusion Week, which kicks off today, and the need to champion and foster inclusion, diversity and equity throughout the construction industry.

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In: People and Awards, Workforce and Safety, News Release 2022 |

ABC: Construction Input Prices Inched Down in September; Up 41% Since February 2020

Wednesday, October 12, 2022 9:41 AM

WASHINGTON, Oct. 12—Construction input prices dipped 0.1% in September 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 fell 0.1% for the month.

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In: Construction Economic Update, Materials Prices, Construction Technology, 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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