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 2022

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

Construction Coalition to Congress: Support Fair and Open Competition

Monday, February 28, 2022 9:47 AM

WASHINGTON, Feb. 28—Today, Associated Builders and Contractors and a coalition of 19 associations and organizations representing the construction industry and business community sent a letter to Congress expressing support for the Fair and Open Competition Act (S. 403/H.R. 1284), sponsored by Sen. Todd Young, R-Ind., and Rep. Ted Budd, R-N.C, and strong opposition to government-mandated project labor agreements.

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ABC: Construction Industry Faces Workforce Shortage of 650,000 in 2022

Wednesday, February 23, 2022 9:50 AM

WASHINGTON, Feb. 23—The construction industry will need to attract nearly 650,000 additional workers on top of the normal pace of hiring in 2022 to meet the demand for labor, according to a model developed by Associated Builders and Contractors.

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Construction Coalition Opposes Biden Administration Project Labor Agreement Schemes

Wednesday, February 16, 2022 9:55 AM

WASHINGTON, Feb. 16—On Feb. 15, Associated Builders and Contractors and 15 associations and organizations representing tens of thousands of companies and millions of employees in the construction industry sent a letter to the White House highlighting concerns with President Joe Biden’s efforts to require controversial government-mandated project labor agreements on federal and federally assisted construction contracts.

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Monthly Construction Input Prices Rise in January, Says ABC

Tuesday, February 15, 2022 10:27 AM

WASHINGTON, Feb. 15—Construction input prices rose 3.5% in January 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 increased 3.1% for the month.

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ABC’s Construction Backlog Slips Again in January; Contractor Confidence Inches Lower

Tuesday, February 15, 2022 9:50 AM

WASHINGTON, Feb. 15—Associated Builders and Contractors reported today that its Construction Backlog Indicator declined to 8.0 months in January, according to an ABC member survey conducted Jan. 20 to Feb. 4. The reading is down 0.2 months from December 2021, but up 0.5 months from January 2021.

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Safety Veteran Joins ABC as Senior Director of Health and Safety

Wednesday, February 9, 2022 9:45 AM

WASHINGTON, Feb. 9—Associated Builders and Contractors today announced it has hired Joseph Xavier, a safety and workforce expert with more than 30 years of experience, as its senior director of health and safety. Xavier will lead and contribute to the development and deployment of the overall health, safety and environment strategy for the association, its 69 chapters and its more than 21,000 member companies.

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ABC: White House Union Report Fails to Create Opportunities for All of the Construction Industry

Monday, February 7, 2022 2:43 PM

WASHINGTON, Feb. 7—Associated Builders and Contractors today released the following statement in response to the Biden administration’s White House Task Force on Worker Organizing and Empowerment report on how to boost union membership in the federal government and public and private sectors.

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ABC: State Construction Unemployment Is Down in Every State From a Year Ago

Monday, February 7, 2022 9:45 AM

WASHINGTON, Feb. 7—The not seasonally adjusted national construction unemployment rate plunged 4.6% in December 2021 from a year ago, down from 9.6% to 5%, while all 50 states had lower unemployment rates over the same period, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. This substantial improvement occurred even as the omicron COVID-19 variant was sweeping the nation.

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Despite Impressive January Jobs Report, Nonresidential Construction Employment Declines by 9,000, Says ABC

Friday, February 4, 2022 9:45 AM

WASHINGTON, Feb. 4—The construction industry lost 5,000 jobs on net in January, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Overall, the industry has recovered slightly more than 1 million (91%) of the jobs lost during earlier stages of the pandemic.

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President Biden’s Pro-PLA Executive Order Will Increase Costs to Taxpayers and Exacerbate Skilled Labor Shortage, Says ABC

Thursday, February 3, 2022 7:49 PM

WASHINGTON, Feb. 3—Associated Builders and Contractors today blasted President Biden’s executive order, which encourages the use of controversial project labor agreement mandates on federal construction projects that are funded by taxpayers.

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