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.  

For media inquiries, please contact Erika Walter, ABC’s director of media relations at [email protected] or (202)905-2104 

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News Releases

From monthly archives: January 2021

We are pleased to present below all posts archived in 'January 2021'. If you still can't find what you are looking for, try using the search box.

Investment in Nonresidential Structures Up a Meager 3% in Final Quarter of 2020, Says ABC

Thursday, January 28, 2021 9:12 AM

WASHINGTON, Jan. 28—The U.S. economy expanded at an annualized 4.0% rate in the fourth quarter of 2020 as the nation’s recovery from last spring’s economic devastation continued. Nonresidential investment in structures increased at a 3.0% annualized rate in the fourth quarter.

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In: Construction Economic Update, Construction Economics, News Release 2021 |

Monthly Construction Input Prices Increase in December, Says ABC

Friday, January 15, 2021 9:51 AM

Construction input prices increased 1.8% in December 2020 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 rose 2.1% for the month.

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In: Construction Economic Update, Construction Economics, Materials Prices, News Release 2021 |

Contractor Optimism Improves as ABC’s Construction Backlog Inches Up in December

Tuesday, January 12, 2021 10:00 AM

Associated Builders and Contractors reported today that its Construction Backlog Indicator rebounded modestly to 7.3 months in December, an increase of 0.1 months from November’s reading, according to an ABC member survey conducted from Dec. 18 to Jan. 5. Backlog is 1.5 months lower than in December 2019.

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In: Construction Economic Update, Construction Backlog Indicator, Construction Confidence Index, Construction Economics, News Release 2021 |

A Bright Spot in Today’s Jobs Report: Nonresidential Construction Adds Jobs in December, Says ABC

Friday, January 8, 2021 10:36 AM

The construction industry added 51,000 net new jobs in December, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. During the last eight months, the industry has added 857,000 jobs, recovering 79.1% of the jobs lost during the earlier stages of the pandemic.

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In: Employment, Construction Economic Update, Construction Economics, News Release 2021 |

ABC Issues Statement on the Nomination of Mayor Marty Walsh as Labor Secretary

Friday, January 8, 2021 9:45 AM

Associated Builders and Contractors President and CEO Michael Bellaman released the follow statement on President-elect Joe Biden’s nomination of Boston Mayor Marty Walsh to run the U.S. Department of Labor

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In: News Release 2021 |

ABC Supports Final DOL Revisions to Independent Contractor Status

Wednesday, January 6, 2021 10:55 AM

Associated Builders and Contractors Vice President of Regulatory, Labor and State Affairs Ben Brubeck released the following statement regarding the U.S. Department of Labor’s Independent Contractor Final Rule.

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In: Policy, News Release 2021 |

Nonresidential Construction Spending Declines in November, Says ABC

Monday, January 4, 2021 11:49 AM

National nonresidential construction spending fell 0.6% in November 2020, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, spending totaled $792.5 billion for the month.

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