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

ABC: Construction Employment Increases By 32,000 in July

Friday, August 5, 2022 9:17 AM

WASHINGTON, Aug. 5—The construction industry added 32,000 jobs on net in July, 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 increased by 311,000 jobs, or 4.2%.

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

ABC Urges Support for Senate Resolution That Preserves Construction Permitting Reforms, Reduces Costs and Delays

Thursday, August 4, 2022 7:55 AM

WASHINGTON, Aug. 4—Associated Builders and Contractors Vice President of Legislative & Political Affairs Kristen Swearingen issued the following statement regarding today’s vote on a Congressional Review Act resolution introduced by Sen. Dan Sullivan, R-Alaska, to overturn the Biden administration’s National Environmental Policy Act rule:

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

ABC: Construction Unemployment Is Under 2% in 10 States

Wednesday, August 3, 2022 9:55 AM

WASHINGTON, Aug. 3—The not seasonally adjusted national construction unemployment rate plunged 3.8% in June 2022 from June 2021, down from 7.5% to 3.7%. Meanwhile, all 50 states had lower unemployment rates over the same period, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. Ten states had an estimated construction unemployment rate under 2%; the highest unemployment rate was 6.5% in New Mexico.

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

Nonresidential Construction Spending Falls 0.5% in June, Says ABC

Monday, August 1, 2022 10:42 AM

WASHINGTON, Aug. 1—National nonresidential construction spending was down by 0.5% in June, 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 $829.4 billion for the month.

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

ABC: Democrats’ Reconciliation Deal Would Plunge US Into Recession

Thursday, July 28, 2022 1:23 PM

WASHINGTON, July 28—Associated Builders and Contractors today released the following statement regarding the Senate Democrats’ reckless tax and spending spree.

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

U.S. Economy Contracts in Second Quarter, Investment in Structures Falls Again, Says ABC

Thursday, July 28, 2022 9:17 AM

WASHINGTON, July 28—The U.S. economy contracted at a 0.9% annualized rate in the second quarter of 2022, according to an Associated Builders and Contractors analysis of data released today by the Bureau of Economic Analysis.

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

ABC: Construction Materials Prices Increased in June, Up 20% From a Year Ago

Thursday, July 14, 2022 9:32 AM

WASHINGTON, July 14—Construction input prices increased 1.9% in June 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 1.8% for the month.

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

ABC to Congressional Democrats: Do Not Subject Small Businesses to Your Reckless Tax Hikes

Wednesday, July 13, 2022 10:00 AM

WASHINGTON, July 13—Associated Builders and Contractors today urged Congressional Democrats not to raise taxes on small, individual and family-owned businesses as part of any effort to enact a partisan reconciliation bill.  

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

ABC’s Construction Backlog Inches Lower in June; Contractor Confidence Falters

Tuesday, July 12, 2022 9:55 AM

WASHINGTON, July 12— Associated Builders and Contractors reports today that its Construction Backlog Indicator fell 0.1 months in June and stands at 8.9 months, according to an ABC member survey conducted June 21 to July 5. The reading is up 0.4 months from June 2021.

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

Nonresidential Construction Employment Increases in June, Says ABC

Friday, July 8, 2022 9:38 AM

WASHINGTON, July 8—The construction industry added 13,000 jobs on net in June, 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 292,000 jobs, an increase of 4.0%. 

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