ABC’s Construction Backlog Indicator is the only economic indicator that reflects the amount of work that will be performed by commercial and industrial construction contractors in the months ahead. The Construction Confidence Index is a diffusion index that signals construction contractors’ expectations for sales, profit margins and staffing levels. View the methodology for both indicators. 

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News Releases

Monthly Construction Input Prices Decrease in May, Says ABC

WASHINGTON, June 14—Construction input prices fell 0.6% in May 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 declined 0.5% for the month.

ABC’s Construction Backlog Indicator Holds Steady in May

WASHINGTON, June 13—Associated Builders and Contractors reported today that its Construction Backlog Indicator remained unchanged at 8.9 months in May, according to an ABC member survey conducted May 20 to June 7. The reading is 0.1 months lower than in May 2022.

Nonresidential Construction Employment Increases in May Despite Signs of Weakness in Economy, Says ABC

WASHINGTON, June 2—The construction industry added 25,000 jobs on net in May, 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 increased by 192,000 jobs, an increase of 2.5%.

Nonresidential Construction Spending Increases in April Despite Recession Fears, Says ABC

WASHINGTON, June 1—National nonresidential construction spending expanded 1.9% in April, 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 $1.05 trillion.

ABC construction economic releases are published according to this schedule in 2023. 

For media inquiries, please contact Erika Walter, ABC director of media relations, at [email protected].

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