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: February 2021

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

ABC Applauds Bill to Increase Fair and Open Competition on Taxpayer-funded Construction Contracts

Wednesday, February 24, 2021 4:06 PM

WASHINGTON, Feb. 24—Associated Builders and Contractors today voiced its strong support for the Fair and Open Competition Act (H.R. 1284 / S. 403), which was introduced today by Sen. Todd Young (R-Ind.) and Rep. Ted Budd (R-N.C.).

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Monthly Construction Input Prices Surge 2.5% in January, Says ABC

Wednesday, February 17, 2021 9:35 AM

WASHINGTON, Feb. 17—Construction input prices increased 2.5% in January 2021 compared to the previous month, 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 2.1% for the month.

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ABC Statement on Senate Committee Vote Approving Nomination of Mayor Walsh as Labor Secretary

Wednesday, February 10, 2021 5:32 PM

WASHINGTON, Feb. 11— Associated Builders and Contractors President and CEO Michael Bellaman released the follow statement on the vote by the U.S. Senate Health, Education, Labor and Pensions Committee to approve the nomination of Mayor Marty Walsh as secretary of the U.S. Department of Labor.

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Construction Backlog and Contractor Optimism Rise to Start 2021, According to ABC Member Survey

Tuesday, February 9, 2021 9:58 AM

WASHINGTON, Feb.9—Associated Builders and Contractors reported today that its Construction Backlog Indicator rose to 7.5 months in January 2021, an increase of 0.2 months from its December 2020 reading, according to an ABC member survey conducted from Jan. 20 to Feb. 2. Despite the monthly uptick, backlog is 0.9 months lower than in January 2020.

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Nonresidential Construction Loses Jobs in January, Says ABC

Friday, February 5, 2021 10:43 AM

WASHINGTON, Feb. 5—The construction industry lost 3,000 jobs on net in January 2021, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. During the last nine months, the industry has added 857,000 jobs, recovering 77% of the jobs lost during earlier pandemic stages.

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Congress’s Reintroduction of the PRO Act Will Do Anything But ‘Build Back Better,’ Says ABC

Thursday, February 4, 2021 3:48 PM

WASHINGTON, Feb. 4—Associated Builders and Contractors President and CEO Michael Bellaman released the follow statement today in response to Congress’s reintroduction of the Protecting the Right to Organize Act

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While State Construction Unemployment Rates End Poorly in 2020, Industry Continues to Perform Better Than Other Sectors Nationally, Says ABC

Thursday, February 4, 2021 9:44 AM

WASHINGTON, Feb. 4—As the nation struggles with the economic effects from the COVID-19 pandemic, construction employment continues to perform better than many other occupational groups, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. In December 2020, on a year-over-year basis, not seasonally adjusted construction unemployment rates rose nationally and in 48 states, and national NSA construction employment was down 125,000 from December 2019. However, national construction employment was only 3% below its pre-pandemic peak in February 2020 on a seasonally adjusted basis.

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Nonresidential Construction Spending Dips Nearly 1% in December, Deepening a Monthslong Slump, Says ABC

Monday, February 1, 2021 11:44 AM

WASHINGTON, Feb. 1—National nonresidential construction spending declined 0.8% in December 2020, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $790.2 billion for the month, 4.8% lower than in December 2019 but 3.8% higher than in December 2018.

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