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: May 2023

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

Construction Job Openings Increase By 68,000 in April, Says ABC

Wednesday, May 31, 2023 11:07 AM

WASHINGTON, May 31—The construction industry had 383,000 job openings in April, 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 68,000 last month but are down by 35,000 from the same time last year.

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In: JOLTS, News Release 2023 |

ABC Supports Bipartisan Bill To Avoid Default, Limit Government Spending and Reform the Permitting Process

Tuesday, May 30, 2023 4:33 PM

WASHINGTON, May 30—ABC issued the following statement today in support of the recently announced bipartisan Fiscal Responsibility Act of 2023.

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In: Politics and Policy, News Release 2023 |

ABC Applauds Supreme Court’s Ruling That Narrows Scope of WOTUS

Thursday, May 25, 2023 2:18 PM

WASHINGTON, May 25—Associated Builders and Contractors issued the following statement from Vice President of Regulatory, Labor and State Affairs Ben Brubeck on the U.S. Supreme Court’s May 25 ruling narrowing the scope of “waters of the United States” in the Sackett v. Environmental Protection Agency case.

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In: Policy, News Release 2023 |

ABC’s Sizemore Reappointed To Serve on OSHA Advisory Committee on Construction Safety and Health

Thursday, May 25, 2023 12:48 PM

WASHINGTON, May 25—Associated Builders and Contractors today announced that Greg Sizemore, ABC vice president of health, safety, environment and workforce development, has been appointed by the U.S. Department of Labor to a third term as a representative for U.S. construction employers on the Occupational Health and Safety Administration’s Advisory Committee on Construction Safety and Health.

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In: Workforce and Safety, News Release 2023 |

ABC Construction Backlog Indicator Rebounds in April Due to Infrastructure Category Strength

Tuesday, May 16, 2023 9:55 AM

ABC Construction Backlog Indicator Rebounds in April Due to Infrastructure Category Strength

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

Construction Input Prices Down Year Over Year for Second Straight Month, Says ABC

Thursday, May 11, 2023 9:37 AM

WASHINGTON, May 11—Construction input prices increased 0.2% in April compared to the previous month, 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 rose 0.4% for the month.

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

Construction Adds 15,000 Jobs in April, Says ABC

Friday, May 5, 2023 9:27 AM

WASHINGTON, May 5—The construction industry added 15,000 jobs on net in April, 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 expanded by 205,000 jobs, an increase of 2.7%.

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

ABC: Government-Registered Apprenticeship System Alone Won’t Solve Construction Labor Shortage

Wednesday, May 3, 2023 1:55 PM

WASHINGTON, May 3—It would take 12 years for federal and state government-registered apprenticeship programs to educate the more than half a million workers the construction industry needs to hire in 2023, according to an Associated Builders and Contractors analysis of recently released U.S. Department of Labor data. ABC estimates that the construction industry’s federal and state government-registered apprenticeship system yielded just 45,000 completers of four-to-five-year apprenticeship programs in 2022.

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

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

Wednesday, May 3, 2023 9:55 AM

WASHINGTON, May 3—The not seasonally adjusted national construction unemployment rate dropped 0.4% in March 2023 from a year ago, down from 6% to 5.6%, 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, five were unchanged and 13 states were higher.

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In: Construction Economic Update, Construction Economics, State Unemployment, News Release 2023 |

ABC: Construction Job Openings Down By 63,000 in March

Tuesday, May 2, 2023 10:48 AM

WASHINGTON, May 2—The construction industry had 341,000 job openings in March, 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 decreased by 63,000 last month and are down by 72,000 from the same time last year.

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