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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From monthly archives: September 2022

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

Survey: 97% of ABC Contractors Say Biden’s Government-Mandated Project Labor Agreement Policies Would Make Federal Construction More Expensive

Wednesday, September 28, 2022 9:54 AM

WASHINGTON, Sept. 28—According to a September 2022 survey of ABC contractor members published today, 98% oppose President Biden’s proposed rule mandating project labor agreements on federal construction projects of $35 million or more. PLA schemes needlessly increase costs and exacerbate the construction industry’s skilled labor shortage because they exclude almost nine out of 10 workers from participating in these contracts.

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ABC’s 2022 Tech Report Features Real-World Journeys in Construction Innovation

Monday, September 26, 2022 9:55 AM

WASHINGTON, Sept. 26—Associated Builders and Contractors today released its second annual construction technology report comprised of case studies that spotlight specific technologies and innovation best practices that ABC member contractors are utilizing to strengthen their value proposition. The report also features safety technology survey data from ABC contractors.

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ABC: Imminent Rail Strike Would Pulverize Fragile US Economy and Supply Chain

Wednesday, September 14, 2022 8:19 PM

WASHINGTON, Sept. 14—Associated Builders and Contractors today released the following statement regarding the devastating effects of a looming rail strike on the already weak U.S. economy and supply chain.

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Monthly Construction Input Prices Dip in August, But Are Up 17% From a Year Ago, Says ABC

Wednesday, September 14, 2022 9:34 AM

WASHINGTON, Sept. 14—Construction input prices decreased 1.4% 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 1.4% for the month as well.

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ABC’s Contractor Confidence Rebounds; Construction Backlog Indicator Flat in August

Tuesday, September 13, 2022 9:55 AM

WASHINGTON, Sept. 13—Associated Builders and Contractors reports today that its Construction Backlog Indicator remained unchanged at 8.7 months in August, according to an ABC member survey conducted Aug. 22 to Sept. 7. The reading is a full month higher than in August 2021.

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ABC: New NLRB Joint Employer Proposal Will Harm Small Businesses

Tuesday, September 6, 2022 1:02 PM

WASHINGTON, Sept. 6—Associated Builders and Contractors today released the following statement on the National Labor Relations Board’s new joint employer proposed rule under the National Labor Relations Act.

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Construction Employment Increases by 16,000 in August, Says ABC

Friday, September 2, 2022 9:43 AM

WASHINGTON, Sept. 2—The construction industry added 16,000 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. On a year-over-year basis, industry employment has risen by 311,000 jobs or 4.2%.

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ABC: Nonresidential Construction Spending Increases by a Modest 0.8% in July

Thursday, September 1, 2022 10:39 AM

WASHINGTON, Sept. 1—National nonresidential construction spending increased 0.8% 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 $847.6 billion for the month.

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ABC: Suicide Prevention Is a National Priority for Construction

Thursday, September 1, 2022 7:55 AM

WASHINGTON, Sept. 1—On the first day of Suicide Prevention Month 2022, Associated Builders and Contractors calls on the entire construction industry to strengthen total human health among its workers and decrease the number of deaths by suicide.

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