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 

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

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News Releases

From monthly archives: February 2023

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

ABC Applauds Introduction of Legislation To Promote Fair and Open Competition and Combat Anti-Competitive and Inflationary Project Labor Agreement Mandates

Tuesday, February 28, 2023 2:00 PM

WASHINGTON, Feb. 28—Associated Builders and Contractors today voiced its strong support for the Fair and Open Competition Act (H.R. 1209  / S. 537), which has been reintroduced in the 118th Congress by Sen. Todd Young, R-Ind., in the U.S. Senate, and Rep. James Comer, R-Ky., in the U.S. House of Representatives on Feb. 27.

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ABC Small Business Owner Member to Congress: Biden’s Regulatory Climate Is Threatening the American Dream for Entrepreneurs Nationwide

Tuesday, February 28, 2023 10:25 AM

WASHINGTON, Feb. 28—Associated Builders and Contractors member Roy Heim, president of Heim Construction Co. Inc., Orwigsburg, Pennsylvania, today testified before the U.S. House of Representatives Small Business Committee during the hearing “From Nothing to Something: The Story of the American Dream.”

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ABC: Congressional Democrats’ Reintroduction of the PRO Act Deals a Devastating Blow to Employees and Employers

Monday, February 27, 2023 5:03 PM

WASHINGTON, Feb. 27—Associated Builders and Contractors today released the following statement ahead of congressional Democrats’ reintroduction of the Protecting the Right to Organize Act, which is set for Feb. 28. Among its many harmful provisions, the PRO Act would violate workers’ free choice and privacy rights, force unions on employees who have voted against such representation, cost millions of American jobs and threaten vital supply chains.

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ABC: Construction Materials Prices Rise 1% in January; Up 5% From a Year Ago

Thursday, February 16, 2023 9:48 AM

WASHINGTON, Feb. 16—Construction input prices rose 1.3% in January, 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 1.1% for the month.

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ABC’s Construction Backlog Indicator Down to Start 2023; Contractor Confidence Rises

Tuesday, February 14, 2023 9:55 AM

WASHINGTON, Feb. 14—Associated Builders and Contractors reports today that its Construction Backlog Indicator declined 0.2 months to 9.0 in January, according to an ABC member survey conducted Jan. 20 to Feb. 3. The reading is 1.0 month higher than in January 2022.

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Construction Workforce Shortage Tops Half a Million in 2023, Says ABC

Thursday, February 9, 2023 9:50 AM

WASHINGTON, Feb. 9—The construction industry will need to attract an estimated 546,000 additional workers on top of the normal pace of hiring in 2023 to meet the demand for labor, according to a proprietary model developed by Associated Builders and Contractors.

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ABC Responds to President Biden’s 2023 State of the Union Address

Tuesday, February 7, 2023 10:20 PM

WASHINGTON, Feb. 7—Associated Builders and Contractors President and CEO Michael Bellaman released the following statement responding to President Joe Biden’s 2023 State of the Union address.

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ABC: State Construction Unemployment Is Down in 32 States From a Year Ago

Monday, February 6, 2023 9:55 AM

WASHINGTON, Feb. 6—The not seasonally adjusted national construction unemployment rate dropped 0.6% in December 2022 from a year ago, down from 5% to 4.4%, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. Thirty-two states had lower unemployment rates over the same period, Iowa and Missouri were unchanged and 16 states were higher.

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Construction Adds 25,000 Jobs in January, Says ABC

Friday, February 3, 2023 9:31 AM

WASHINGTON, Feb. 3—The construction industry added 25,000 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. On a year-over-year basis, industry employment has risen by 294,000 jobs, an increase of 3.9%.

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ABC’s Construction Executive Celebrates 20 Years, Redesigns Magazine

Thursday, February 2, 2023 9:55 AM

WASHINGTON, Feb. 2—Construction Executive, the magazine of the business of construction that is published by Associated Builders and Contractors, is celebrating its 20th anniversary this month by unveiling a completely redesigned version of the print magazine with its January-February 2023 issue as well as a new, dynamic content mix on its online platforms.

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