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: December 2022

We are pleased to present below all posts archived in 'December 2022'. If you still can't find what you are looking for, try using the search box.

ABC: New WOTUS Definition Muddies the Waters for Contractors

Friday, December 30, 2022 11:29 AM

WASHINGTON, Dec. 30— Associated Builders and Contractors today issued the following statement from Vice President of Regulatory, Labor and State Affairs Ben Brubeck on the U.S. Army Corps of Engineers and U.S. Environmental Protection Agency’s final rule revising the definition of “waters of the United States.”

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In: Policy, Politics and Policy, News Release 2022 |

ABC: Florida and Arizona Are the Best States for Construction

Thursday, December 15, 2022 9:55 AM

WASHINGTON, Dec. 15—For the fourth time, Florida claimed the top spot in Associated Builders and Contractors’ eighth annual Merit Shop Scorecard, a ranking of all 50 states and the District of Columbia based on policies and programs that strengthen career pathways in construction, encourage workforce development and advocate for fair and open competition on taxpayer-funded construction projects.

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In: Politics and Policy, People and Awards, News Release 2022 |

Commercial, Institutional and Health Care Construction Drive ABC’s Backlog Indicator to Highest Level Since Q2 2019

Tuesday, December 13, 2022 9:50 AM

WASHINGTON, Dec. 13—Associated Builders and Contractors reports today that its Construction Backlog Indicator increased to 9.2 months in November, according to an ABC member survey conducted Nov. 21 to Dec. 6. The reading is 0.8 months higher than in November 2021.

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In: Construction Economic Update, Construction Backlog Indicator, Construction Confidence Index, Construction Economics, News Release 2022 |

ABC: Construction Materials Prices Down 1% in November, Still Up 40% Since February 2020

Friday, December 9, 2022 9:35 AM

WASHINGTON, Dec. 9—Construction input prices declined 0.9% in November 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 0.8% for the month.

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In: Construction Economic Update, Construction Economics, Materials Prices, News Release 2022 |

Construction Employment Increases by 20,000 in November, Says ABC

Friday, December 2, 2022 9:21 AM

WASHINGTON, Dec. 2—The construction industry added 20,000 jobs on net in November, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has risen by 248,000 jobs, an increase of 3.3%. 

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

ABC: Nonresidential Construction Spending Down 0.3% in October

Thursday, December 1, 2022 11:08 AM

WASHINGTON, Dec. 1—National nonresidential construction spending was down by 0.3% in October, 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 $898.4 billion for the month.

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