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. 

 

News Releases

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News Releases

Overall employment and construction employment improved nationally in July on a seasonally adjusted (SA) basis. Meanwhile, as would be expected, not seasonally adjusted (NSA) construction employment increased from June. This resulted in 43 states posting a monthly decline in their estimated NSA construction unemployment rate.

October was another positive month for construction and construction unemployment rates around much of the country. Year-over-year, not seasonally adjusted (NSA) construction unemployment rates for the country and 30 states were lower in October this year. Year to date, construction has added 159,000 seasonally adjusted (SA) jobs throughout the country. Meanwhile, NSA jobs nationally increased by 228,000 from October 2014 to October 2015. Additionally, SA construction spending in October increased 1 percent from September according to theCensus Bureau’s Dec. 1 release. Year-to-date NSA construction spending as of October was up 10.7 percent.

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

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