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: August 2020

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

ABC Endorses President Trump for Reelection

Friday, August 28, 2020 9:25 AM

 WASHINGTON, Aug. 28—Associated Builders and Contractors is proud to announce its endorsement of President Donald J. Trump for reelection. In a letter to the president, ABC President and CEO Michael D. Bellaman and ABC 2020 National Chair Tim Keating, owner and president of R. C. Stevens Construction Co., Winter Garden, Florida, said:

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ABC Launches Tech Alliance to Help Contractors Transform the Construction Process

Tuesday, August 25, 2020 12:28 PM

WASHINGTON, Aug. 25—Associated Builders and Contractors today announced the launch of its inaugural Tech Alliance—a consortium of firms that create construction technology and innovative digital solutions for ABC contractor members, the majority of which are classified as small businesses and primarily perform work in the industrial and commercial sectors. Consisting of 13 companies, the Tech Alliance will leverage technology solutions to help ABC members develop people, win work and deliver work safely, ethically and profitably for the betterment of the communities in which they work.

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ABC Honors Student Winners of 2020 Construction Management Competition

Wednesday, August 19, 2020 12:25 PM

WASHINGTON, Aug. 19—Twenty-six teams of undergraduate students from colleges and universities nationwide put their construction project leadership skills to the test during Associated Builders and Contractors’ annual Construction Management Competition, held virtually for the first time this week. The four-person teams, which were assigned to complete the same construction management project, received awards in five categories.

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Monthly Construction Input Prices Rise Again in July, Says ABC

Tuesday, August 11, 2020 10:30 AM

WASHINGTON, Aug. 11—Construction input prices rose 1.9% in July over 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 rose 1.8% for the month.

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ABC’s Construction Backlog Indicator Down in July; Contractor Optimism Falls

Tuesday, August 11, 2020 9:25 AM

WASHINGTON, Aug. 11—Associated Builders and Contractors reported today that its Construction Backlog Indicator declined to 7.8 months in July, a decrease of 0.3 months from the June reading, according to an ABC member survey conducted from July 20 to Aug. 5. Backlog is a full month lower than in July 2019.

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Nonresidential Construction Employment Falls in July Due to Project Cancellations and Postponements, Says ABC

Friday, August 7, 2020 10:13 AM

WASHINGTON, Aug. 7—The construction industry added 20,000 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. During the last three months, the industry has added 639,000 jobs, recovering roughly 59% of the jobs lost since the start of the pandemic-induced recession.

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ABC’s Construction Executive Names The Top 50 Construction Accounting Firms

Tuesday, August 4, 2020 2:40 PM

WASHINGTON, Aug. 4—Construction Executive magazine, published by Associated Builders and Contractors, today announced The Top 50 Construction Accounting Firms in the United States, which will be published in the magazine’s 200th July/August 2020 edition. The list also includes the top 10 construction accounting firms ranked by the total number of construction CPAs, percentage of revenue from construction, total number of employees with a certified construction industry financial professional certification and number of U.S. offices.

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Nonresidential Construction Spending Falls Slightly in June, Says ABC

Monday, August 3, 2020 11:57 AM

WASHINGTON, Aug. 3—National nonresidential construction spending declined 0.2% 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, spending totaled $812.9 billion for the month.

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