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 monthly archives: July 2020

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

Construction Output Drops Significantly Due to COVID-19, Says ABC

Thursday, July 30, 2020 10:38 AM

WASHINGTON, July 30—The U.S. economy contracted at an annualized rate of 32.9% during the second quarter of 2020, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Economic Analysis. Nonresidential and residential fixed investment contracted by 27.0 and 38.7%, respectively, while investment in nonresidential fixed structures contracted by 34.9%.

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In: Construction Economics, News Release 2020 |

NEPA Rule Will Eliminate Unnecessary Delays, Reduce Costs for Construction Sector, Says ABC

Wednesday, July 15, 2020 7:33 PM

WASHINGTON, July 15—Associated Builders and Contractors Vice President of Legislative & Political Affairs Kristen Swearingen issued the following statement on the final National Environmental Policy Act rule, which was released today:

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In: Politics and Policy, News Release 2020 |

ABC’s Construction Backlog Indicator Up in June; Contractor Optimism Grows

Tuesday, July 14, 2020 9:30 AM

WASHINGTON, July 14—Associated Builders and Contractors reported today that its Construction Backlog Indicator rose to 8.1 months in June, an increase of 0.2 months from May’s reading. CBI is down approximately 8% from its June 2019 level. Every region except the Middle States experienced an increase in backlog in June compared to May, according to an ABC member survey conducted from June 20-July 1.

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In: Construction Backlog Indicator, Construction Confidence Index, Construction Economics, News Release 2020 |

Monthly Construction Input Prices Rise in June, Says ABC

Friday, July 10, 2020 11:31 AM

WASHINGTON, July 10—Construction input prices rose 2.2% in June, 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 rose by 2.3% for the month.

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In: Construction Economics, Materials Prices, News Release 2020 |

ABC Cancels Convention 2020

Monday, July 6, 2020 2:16 PM

WASHINGTON, July 6—Associated Builders and Contractors today announced the cancellation of ABC Convention 2020, which was scheduled for Aug. 17-19 in Nashville, Tennessee. The event, which includes the National Craft Championships, Construction Management Competition and National Excellence in Construction® Awards, was previously postponed from March due to the coronavirus pandemic. 

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In: People and Awards, News Release 2020 |

Nonresidential Construction Has Recovered 56% of Jobs Lost Since March Employment Report, Says ABC

Thursday, July 2, 2020 11:13 AM

WASHINGTON, July 2—The construction industry added 158,000 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. During the last two months, the industry has added 591,000 jobs, recovering 56% of the industrywide jobs lost since the start of the pandemic.

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In: Employment, Construction Economics, News Release 2020 |

ABC: Anti-competitive House Infrastructure Bill Excludes Many U.S. Workers From Rebuilding America

Wednesday, July 1, 2020 5:05 PM

WASHINGTON, July 1—Associated Builders and Contractors Vice President of Legislative & Political Affairs Kristen Swearingen today issued the following statement on the U.S. House of Representatives’ passage of H.R. 2, the Moving Forward Act, by a vote of 233 to 188:

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In: Politics and Policy, News Release 2020 |

Nonresidential Construction Spending Falls Modestly in May, Says ABC

Wednesday, July 1, 2020 12:09 PM

WASHINGTON, July 1—National nonresidential construction spending declined 0.9% in May, 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 $812.5 billion for the month. Private nonresidential spending declined 2.4% in May and public nonresidential construction spending increased 1.2%. 

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In: Construction Spending, Construction Economics, News Release 2020 |
For media inquiries, please contact Donna Reichle, ABC’s senior director of communcations and marketing at [email protected]

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