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: January 2023

We are pleased to present below all posts archived in 'January 2023'. If you still can't find what you are looking for, try using the search box.

ABC: A Record 88% of the US Construction Industry Workforce Does Not Belong to a Union

Thursday, January 19, 2023 2:24 PM

WASHINGTON, Jan. 19—Associated Builders and Contractors released the following remarks today regarding the U.S. Department of Labor Bureau of Labor Statistics’ annual Union Members Summary. According to 2022 data, the percent of construction industry wage and salary workers belonging to unions dropped to a record low of 11.7%, a decline from 12.6% in 2021.

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In: Policy, Politics and Policy, News Release 2023 |

Inflation Easing: Monthly Construction Input Prices Drop 2.7% in December, Says ABC

Wednesday, January 18, 2023 9:18 AM

WASHINGTON, Jan. 18—Construction input prices fell 2.7% in December 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 also declined 2.7% for the month.

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In: Construction Economic Update, Construction Economics, Materials Prices, News Release 2023 |

ABC’s Construction Backlog Indicator Flat in December at Highest Level Since Q2 2019

Tuesday, January 10, 2023 9:55 AM

WASHINGTON, Jan. 10—Associated Builders and Contractors reports today that its Construction Backlog Indicator remained unchanged at 9.2 months in December, according to an ABC member survey conducted Dec. 20, 2022, to Jan. 5, 2023. The reading is one month higher than in December 2021.

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In: Construction Economic Update, Construction Backlog Indicator, Construction Confidence Index, Construction Economics, News Release 2023 |

ABC and Procore Announce Strategic Partnership

Monday, January 9, 2023 9:50 AM

WASHINGTON, Jan. 9—Associated Builders and Contractors and leading global construction management software provider Procore, headquartered in Carpinteria, California, today announced they will expand their years-long relationship through a strategic partnership that will provide ABC members with trusted, innovative technologies and solutions to help better develop their people, win more work, create safer jobsites and increase profitability. Procore is the only ABC strategic partner that is a technology solutions provider.

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In: ABC Leadership and News, News Release 2023 |

Construction Employment Up By 28,000 in December, Says ABC

Friday, January 6, 2023 9:36 AM

WASHINGTON, Jan. 6—The construction industry added 28,000 jobs on net in December, 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 231,000 jobs or 3.1%.

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In: Employment, Construction Economic Update, Construction Economics, News Release 2023 |

ABC: Construction Job Openings Flat in November

Wednesday, January 4, 2023 11:27 AM

WASHINGTON, Jan. 4—The construction industry registered 388,000 job openings in November, 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 declined by 2,000 last month but are up 22,000 from the same time last year.

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In: Construction Economic Update, Construction Economics, JOLTS, News Release 2023 |

Nonresidential Construction Spending Increases 1% in November, Says ABC

Tuesday, January 3, 2023 11:09 AM

WASHINGTON, Jan. 3—National nonresidential construction spending grew 0.9% in November, 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 $930.1 billion for the month.

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In: Construction Spending, Construction Economic Update, Construction Economics, News Release 2023 |
For media inquiries, please contact Donna Reichle, ABC’s senior director of communcations and marketing at [email protected]

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