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: April 2023

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

ABC’s 2023 Guide to Construction Safety Best Practices Reveals How Contractors Can Be Nearly 7 Times Safer Than the Industry Average

Friday, April 28, 2023 9:55 AM

WASHINGTON, April 28—Associated Builders and Contractors today released its 2023 Safety Performance Report, an annual guide to safety best practices on construction jobsites and comprehensive study of the impact of the STEP Safety Management System.

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In: Workforce and Safety, News Release 2023 |

ABC: Employee Rights Act Essential to Protecting Workers’ Rights, Choices and Freedoms

Wednesday, April 19, 2023 1:55 PM

WASHINGTON, April 19—Associated Builders and Contractors announced its strong support for the Employee Rights Act, which was introduced today in the 118th Congress by Sen. Tim Scott, R-S.C., and Rep. Rick Allen, R-Ga.

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

In More Than Half of US States, at Least 90% of the Construction Workforce Does Not Belong to a Union

Thursday, April 13, 2023 11:55 AM

WASHINGTON, April 13—According to an Associated Builders and Contractors analysis of 2022 state union membership data published recently by UnionStats.com, at least 9 out of 10 construction workers in private industry do not belong to a union in 26 states, up from 24 states in 2021. Nationwide, a record 88.3% of construction workers do not belong to a union, according to the U.S. Bureau of Labor Statistics, up from 87.4% in 2021.

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

ABC: March Construction Input Prices Down Year-Over-Year for First Time Since August 2020, Still 39% Higher Than February 2020

Thursday, April 13, 2023 9:37 AM

WASHINGTON, April 13—Construction input prices increased 0.2% in March, 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 rose 0.4% for the month.

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

For 30 Years, ABC Has Named Accredited Quality Contractors for Achievement in Construction Safety, Education and Culture

Wednesday, April 12, 2023 9:55 AM

WASHINGTON, April 12—Associated Builders and Contractors today announced that 45 of its contractor members have been named an Accredited Quality Contractor, a prestigious credential recognizing commitment to corporate responsibility, for at least 25 of the past 30 years. ABC is celebrating the 30th anniversary of the Accredited Quality Contractors program in 2023.

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In: People and Awards, Workforce and Safety, News Release 2023 |

ABC’s March Construction Backlog Indicator Down to Lowest Level Since August 2022

Tuesday, April 11, 2023 9:55 AM

WASHINGTON, April 11—Associated Builders and Contractors reported today that its Construction Backlog Indicator declined to 8.7 months in March, according to an ABC member survey conducted March 20 to April 3. The reading is 0.4 months higher than in March 2022.

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

Construction Employment Decreases By 9,000 in March, Says ABC

Friday, April 7, 2023 9:32 AM

WASHINGTON, April 7—The construction industry lost 9,000 jobs on net in March, 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 grown by 196,000 jobs, an increase of 2.5%. 

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

ABC: Construction Job Openings Jump By 129,000 in February; Sharp Contrast to January’s Steep Decline

Tuesday, April 4, 2023 11:02 AM

WASHINGTON, April 4—The construction industry supported 412,000 job openings in February, 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 129,000 last month, but are down 9,000 from the same time last year.

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

Nonresidential Construction Spending Continues to Increase in February, Says ABC

Monday, April 3, 2023 11:08 AM

WASHINGTON, April 3—National nonresidential construction spending increased 0.4% in February, 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 $982.2 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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