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, GDP 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 

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From monthly archives: July 2022

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

ABC: Democrats’ Reconciliation Deal Would Plunge US Into Recession

Thursday, July 28, 2022 1:23 PM

WASHINGTON, July 28—Associated Builders and Contractors today released the following statement regarding the Senate Democrats’ reckless tax and spending spree.

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U.S. Economy Contracts in Second Quarter, Investment in Structures Falls Again, Says ABC

Thursday, July 28, 2022 9:17 AM

WASHINGTON, July 28—The U.S. economy contracted at a 0.9% annualized rate in the second quarter of 2022, according to an Associated Builders and Contractors analysis of data released today by the Bureau of Economic Analysis.

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ABC: Construction Materials Prices Increased in June, Up 20% From a Year Ago

Thursday, July 14, 2022 9:32 AM

WASHINGTON, July 14—Construction input prices increased 1.9% in June 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 increased 1.8% for the month.

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ABC to Congressional Democrats: Do Not Subject Small Businesses to Your Reckless Tax Hikes

Wednesday, July 13, 2022 10:00 AM

WASHINGTON, July 13—Associated Builders and Contractors today urged Congressional Democrats not to raise taxes on small, individual and family-owned businesses as part of any effort to enact a partisan reconciliation bill.  

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ABC’s Construction Backlog Inches Lower in June; Contractor Confidence Falters

Tuesday, July 12, 2022 9:55 AM

WASHINGTON, July 12— Associated Builders and Contractors reports today that its Construction Backlog Indicator fell 0.1 months in June and stands at 8.9 months, according to an ABC member survey conducted June 21 to July 5. The reading is up 0.4 months from June 2021.

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Nonresidential Construction Employment Increases in June, Says ABC

Friday, July 8, 2022 9:38 AM

WASHINGTON, July 8—The construction industry added 13,000 jobs on net in June, 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 292,000 jobs, an increase of 4.0%. 

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Construction Job Openings Decline in May, Says ABC

Wednesday, July 6, 2022 11:36 AM

WASHINGTON, July 6—The construction industry registered 434,000 job openings in May, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. The JOLTS survey defines a job opening as any unfilled position for which an employer is actively recruiting. Industry job openings decreased by 6,000 in May but are up 126,000 from the same month last year.

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Nonresidential Construction Spending Slightly Dips in May, Says ABC

Friday, July 1, 2022 10:23 AM

WASHINGTON, July 1—National nonresidential construction spending was down by 0.6% in May, 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 $832.5 billion for the month.

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