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 

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News Releases

From monthly archives: March 2020

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

The CARES Act is a Critical Lifeline for Construction Industry, Small Business Community, Says ABC

Friday, March 27, 2020 4:14 PM

WASHINGTON, March 27—Associated Builders and Contractors Vice President of Legislative and Political Affairs Kristen Swearingen today issued the following statement about the signing of the Coronavirus Aid, Relief and Economic Security Act, which provides $2 trillion in federal funding and programs to address the ongoing coronavirus crisis:

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January Construction Unemployment Rates Down in 44 States Year Over Year, Says ABC

Tuesday, March 24, 2020 9:30 AM

WASHINGTON, March 24—Estimated January not seasonally adjusted construction unemployment rates fell nationally and in 44 states, rose in four states and were unchanged in two states (Maine and North Carolina) on a year-over-year basis, according to an analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors.

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Construction Contractor Confidence Robust to Start 2020, Says ABC

Thursday, March 19, 2020 9:45 AM

WASHINGTON, March 19—Confidence among U.S. construction industry leaders generally improved in January, consistent with the burgeoning momentum of the U.S. economy during the early weeks of 2020, according to the Associated Builders and Contractors Construction Confidence Index released today. While the reading for sales expectations edged lower for the month, confidence pertaining to sales, profit margins and staffing levels remain well above the threshold of 50, signaling expected growth in those three metrics.

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ABC’s Construction Backlog Indicator Rebounds in January

Tuesday, March 17, 2020 9:15 AM

WASHINGTON, March 17—Associated Builders and Contractors reported today that its Construction Backlog rose to 8.9 months in January 2020, a 5.9% increase from December’s reading. Backlog for firms with less than $30 million in revenues expanded by nearly 20% after declining sharply in December.  

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Monthly Construction Input Prices Drop in February, Says ABC

Thursday, March 12, 2020 10:31 AM

WASHINGTON, March 12—Construction input prices fell 0.6% in February and are up 0.4% year over year, 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 decreased by 0.6% but are up 0.3% compared to the same time last year.

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ABC Comments on DOL’s Final IRAP Rule

Wednesday, March 11, 2020 9:29 AM

WASHINGTON, March 11—Associated Builders and Contractors Vice President of Health, Safety, Environment and Workforce Development Greg Sizemore today issued the following statement on the release of the final Department of Labor industry-recognized apprenticeship rule:

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ABC Names the 2020 Top Performers in U.S. Commercial and Industrial Construction

Tuesday, March 10, 2020 10:30 AM

WASHINGTON, March 9—Associated Builders and Contractors today released its 2020 Top Performers lists, which recognize ABC member contractors’ achievements in safety, quality, diversity and project excellence ranked by work hours, with special designations identified.

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ABC Announces New Vice President of Construction Technology and Innovation

Monday, March 9, 2020 9:00 AM

WASHINGTON, March 9—Associated Builders and Contractors announced today that Matthew Abeles has been appointed to the newly created role of vice president of construction technology and innovation. As a leader in this space, Abeles will spearhead efforts to integrate construction technology and innovation into all aspects of ABC’s strategic initiatives, particularly total human health, world-class safety and workforce development.

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Nonresidential Construction Employment Expands in February, Says ABC

Friday, March 6, 2020 10:24 AM

WASHINGTON, March 6The construction industry added 42,000 net new jobs in February, 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 expanded by 223,000 jobs, an increase of 3.0%.

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Nonresidential Construction Spending Attains All-time High in January, Says ABC

Monday, March 2, 2020 12:11 PM

WASHINGTON, March 2—National nonresidential construction spending increased by 1.6% in January and is up 5.1% on a year-ago 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, spending totaled a record $806.9 billion in January

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