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

Construction Employment Increases by 16,000 in August, Says ABC

Friday, September 2, 2022 9:43 AM

WASHINGTON, Sept. 2—The construction industry added 16,000 jobs on net in August, 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 311,000 jobs or 4.2%.

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

ABC: Nonresidential Construction Spending Increases by a Modest 0.8% in July

Thursday, September 1, 2022 10:39 AM

WASHINGTON, Sept. 1—National nonresidential construction spending increased 0.8% in July, 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 $847.6 billion for the month.

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

Construction Job Openings Up by 22,000 in July, Says ABC

Tuesday, August 30, 2022 10:47 AM

WASHINGTON, Aug. 30—The construction industry had 375,000 job openings in July, 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 22,000 last month and are up 38,000 from the same time last year.

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

ABC Members Exempt from Federal COVID-19 Vaccine Mandate, 11th Circuit Rules

Friday, August 26, 2022 10:34 PM

WASHINGTON, Aug. 26—Associated Builders and Contractors today released the following statement from Ben Brubeck, ABC vice president of regulatory, labor and state affairs, on the 11th Circuit Court decision on vaccination mandates for federal contractors announced on Friday evening.

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

President Biden’s Inflationary PLA Schemes Hurt Taxpayers and Construction Job Creators

Thursday, August 18, 2022 10:09 AM

WASHINGTON, Aug. 18—Associated Builders and Contractors today released the following statement in response to the publication of a proposed rule, Federal Acquisition Regulation: Use of Project Labor Agreements for Federal Construction Projects, implementing President Biden’s Executive Order 14063, which requires federal construction contracts of $35 million or more to be subjected to controversial project labor agreements.

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

ABC Announces 2022-2023 Tech Alliance Members

Monday, August 15, 2022 9:55 AM

WASHINGTON, Aug. 15—Associated Builders and Contractors today announced the members of its third annual Tech Alliance—a consortium of firms that create construction technology and innovative solutions for ABC contractor members, the majority of which primarily perform work in the industrial and commercial sectors.

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In: Construction Technology, News Release 2022 |

House Passage of Democrats’ Reconciliation Package Fails Job Creators and Hardworking Taxpayers

Friday, August 12, 2022 10:07 AM

WASHINGTON, Aug. 12—Associated Builders and Contractors released the following statement after the U.S. House of Representatives passed Senate Democrats’ $740 billion tax-and-spend bill.

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

Monthly Construction Input Prices Decreased 2% in July, Up 17% From a Year Ago, Says ABC

Thursday, August 11, 2022 9:21 AM

WASHINGTON, Aug. 11—Construction input prices decreased 1.8% in July 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 decreased 1.8% for the month as well.

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

ABC’s Construction Backlog Indicator and Contractor Confidence Index Waver in July

Tuesday, August 9, 2022 9:55 AM

WASHINGTON, August 9—Associated Builders and Contractors reported today that its Construction Backlog Indicator fell 0.2 months in July and stands at 8.7 months, according to an ABC member survey conducted July 20 to Aug. 3. The reading is up 0.2 months from July 2021.

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

ABC: Democrats’ Reckless Reconciliation Package Will Worsen Inflation, Not Curb It

Saturday, August 6, 2022 6:37 PM

WASHINGTON, Aug. 6—Associated Builders and Contractors today released the following statement on Senate Democrats’ “Inflation Reduction Act,” a $740 billion tax-and-spending spree scheduled to pass in a partisan political process at a time when our economy is pointed toward recession.

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In: Policy, Politics and Policy, Letters to the Hill, News Release 2022 |
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