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 for 2022 and this schedule for 2023 

For media inquiries, please contact Erika Walter, ABC’s director of media relations at [email protected] or (202)905-2104 

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From monthly archives: August 2022

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

Construction Job Openings Up by 22,000 in July, Says ABC

Tuesday, August 30, 2022 10:47 AM

WASHINGTON, Aug. 30—The construction industry had 375,000 job openings in July, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting. Industry job openings increased by 22,000 last month and are up 38,000 from the same time last year.

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ABC Members Exempt from Federal COVID-19 Vaccine Mandate, 11th Circuit Rules

Friday, August 26, 2022 10:34 PM

WASHINGTON, Aug. 26—Associated Builders and Contractors today released the following statement from Ben Brubeck, ABC vice president of regulatory, labor and state affairs, on the 11th Circuit Court decision on vaccination mandates for federal contractors announced on Friday evening.

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President Biden’s Inflationary PLA Schemes Hurt Taxpayers and Construction Job Creators

Thursday, August 18, 2022 10:09 AM

WASHINGTON, Aug. 18—Associated Builders and Contractors today released the following statement in response to the publication of a proposed rule, Federal Acquisition Regulation: Use of Project Labor Agreements for Federal Construction Projects, implementing President Biden’s Executive Order 14063, which requires federal construction contracts of $35 million or more to be subjected to controversial project labor agreements.

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ABC Announces 2022-2023 Tech Alliance Members

Monday, August 15, 2022 9:55 AM

WASHINGTON, Aug. 15—Associated Builders and Contractors today announced the members of its third annual Tech Alliance—a consortium of firms that create construction technology and innovative solutions for ABC contractor members, the majority of which primarily perform work in the industrial and commercial sectors.

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House Passage of Democrats’ Reconciliation Package Fails Job Creators and Hardworking Taxpayers

Friday, August 12, 2022 10:07 AM

WASHINGTON, Aug. 12—Associated Builders and Contractors released the following statement after the U.S. House of Representatives passed Senate Democrats’ $740 billion tax-and-spend bill.

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Monthly Construction Input Prices Decreased 2% in July, Up 17% From a Year Ago, Says ABC

Thursday, August 11, 2022 9:21 AM

WASHINGTON, Aug. 11—Construction input prices decreased 1.8% in July 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 decreased 1.8% for the month as well.

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ABC’s Construction Backlog Indicator and Contractor Confidence Index Waver in July

Tuesday, August 9, 2022 9:55 AM

WASHINGTON, August 9—Associated Builders and Contractors reported today that its Construction Backlog Indicator fell 0.2 months in July and stands at 8.7 months, according to an ABC member survey conducted July 20 to Aug. 3. The reading is up 0.2 months from July 2021.

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ABC: Democrats’ Reckless Reconciliation Package Will Worsen Inflation, Not Curb It

Saturday, August 6, 2022 6:37 PM

WASHINGTON, Aug. 6—Associated Builders and Contractors today released the following statement on Senate Democrats’ “Inflation Reduction Act,” a $740 billion tax-and-spending spree scheduled to pass in a partisan political process at a time when our economy is pointed toward recession.

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ABC: Construction Employment Increases By 32,000 in July

Friday, August 5, 2022 9:17 AM

WASHINGTON, Aug. 5—The construction industry added 32,000 jobs on net in July, 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 increased by 311,000 jobs, or 4.2%.

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ABC Urges Support for Senate Resolution That Preserves Construction Permitting Reforms, Reduces Costs and Delays

Thursday, August 4, 2022 7:55 AM

WASHINGTON, Aug. 4—Associated Builders and Contractors Vice President of Legislative & Political Affairs Kristen Swearingen issued the following statement regarding today’s vote on a Congressional Review Act resolution introduced by Sen. Dan Sullivan, R-Alaska, to overturn the Biden administration’s National Environmental Policy Act rule:

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