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: September 2021

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

ABC, CISC Caution OSHA About Emergency Temporary Standard on COVID-19 Vaccination and Testing

Monday, September 27, 2021 5:20 PM

WASHINGTON, Sept. 27—Associated Builders and Contractors, a steering committee member of the Construction Industry Safety Coalition, released the following statement on CISC’s letter sent today to James Frederick, acting assistant secretary of the Occupational Safety and Health Administration, voicing concerns related to OSHA’s forthcoming COVID-19 vaccination and testing Emergency Temporary Standard, which will apply to employers with 100 or more employees as required by President Biden’s Path Out of the Pandemic COVID-19 Action Plan.

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Federal Contractor Vaccine Mandate Guidance Raises Concerns, Says ABC

Friday, September 24, 2021 3:36 PM

WASHINGTON, Sept. 24—Associated Builders and Contractors released the following statement in response to guidance issued today by the Safer Federal Workforce Task Force about what is required of federal contractors with respect to a vaccine mandate for employees as a result of President Biden’s Executive Order 14042, Ensuring Adequate COVID Safety Protocols for Federal Contractors.

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ABC’s Construction Backlog Indicator Plummets in August; Contractor Confidence Down

Tuesday, September 14, 2021 9:50 AM

WASHINGTON, Sept. 14—Associated Builders and Contractors reports today that its Construction Backlog Indicator fell sharply to 7.7 months in August, according to an ABC member survey conducted Aug. 19 to Sept. 1. The reading is down 0.8 months from July 2021 and down 0.3 months from August 2020.

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Monthly Construction Input Prices Inch Lower in August, But Are Still Elevated Year Over Year, Says ABC

Friday, September 10, 2021 10:22 AM

WASHINGTON, Sept. 10—Construction input prices declined 0.6% in August 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 fell 0.4% for the month.

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ABC and Procore Announce Partnership to Provide Construction Management Solutions for ABC Members

Thursday, September 9, 2021 7:55 AM

WASHINGTON, Sept. 9—Associated Builders and Contractors and Procore Technologies, Inc. (NYSE: PCOR), a leading provider of construction management software, today announced a partnership that provides ABC chapters and members exclusive discounted pricing on their new purchases of Procore products and services.

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Nonresidential Construction Loses 20,300 Jobs in August, Says ABC

Friday, September 3, 2021 10:04 AM

WASHINGTON, Sept. 3—The construction industry lost 3,000 jobs on net in August, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Despite the monthly setback, the industry has recovered 881,000 (79.2%) of the jobs lost during earlier stages of the pandemic.

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Nonresidential Construction Spending Weak in July, Says ABC

Wednesday, September 1, 2021 10:55 AM

WASHINGTON, Sept. 1—National nonresidential construction spending expanded 0.1% in July, 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 $786.7 billion for the month.

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