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 hereABC construction economic releases are published according to this schedule for 2023 

 

From monthly archives: December 2020

We are pleased to present below all posts archived in 'December 2020'. If you still can't find what you are looking for, try using the search box.

Arizona Is the No. 1 Merit Shop Construction State, According to ABC’s 2020 Scorecard

Thursday, December 17, 2020 2:25 PM

ABC released its 2020 Merit Shop Scorecard today, an annual ranking based on state policies and programs that encourage workforce development, strengthen career and technical education, grow careers in construction and promote fair and open competition for taxpayer-funded construction projects.

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ABC's 2021 Construction Economic Forecast: Recovery Shape Forms a 'W,' Recession Threat Remains

Tuesday, December 15, 2020 1:13 PM

Associated Builders and Contractors' Chief Economist Anirban Basu forecasts a recession threat for the construction sector next year, but has illuminated some potential economic bright spots, such as e-commerce and Class B office space, according to a 2021 economic outlook published in Construction Executive magazine.

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Monthly Construction Input Prices Decreased in November, Says ABC

Friday, December 11, 2020 10:07 AM

WASHINGTON, Dec. 11—Construction input prices fell 0.5% in November compared to the previous month, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices fell 0.4% for the month.

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ABC’s Construction Backlog Plunges in November; Contractor Optimism Falters

Tuesday, December 8, 2020 12:00 PM

WASHINGTON, Dec. 8—Associated Builders and Contractors reported today that its Construction Backlog Indicator declined to 7.2 months in November, a decrease of 0.5 months from October’s reading, according to an ABC member survey conducted from Nov. 20 to Dec. 2. Backlog is 1.7 months lower than in November 2019.

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Nonresidential Construction Employment Expands in November, Says ABC

Friday, December 4, 2020 3:25 PM

WASHINGTON, Dec. 4—The construction industry added 27,000 net new jobs in November, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. During the last seven months, the industry has added 804,000 jobs, recovering 74% of the losses incurred during earlier stages of the pandemic.

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Construction Unemployment Rates Down in 20 States, Showing Regional Improvements in Jobs Numbers, Says ABC

Thursday, December 3, 2020 12:33 PM

WASHINGTON, Dec. 3—Like most of the economy, construction, and therefore construction employment, was hit hard by the spread of COVID-19 and measures to limit the pandemic. However, construction performed better than many other occupational groups and has been relatively quick to rebound, though not back to its pre-COVID-19 levels, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors.

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Nonresidential Construction Spending Unchanged in October, Says ABC

Tuesday, December 1, 2020 12:39 PM

WASHINGTON, Dec. 1—National nonresidential construction spending was virtually unchanged in October, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted, annualized basis, spending totaled $792.4 billion for the month.

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