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

Click here to subscribe to ABC’s news releases or here to receive ABC's weekly newsletter, Newsline

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News Releases

U.S. Economy Fell 4.8% in 1st Quarter of 2020 Due to COVID-19, Says ABC

Wednesday, April 29, 2020 11:35 AM

WASHINGTON, April 29—The U.S. economy contracted at an annualized 4.8% rate during the first quarter of 2020 as a result of the ongoing global pandemic, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Economic Analysis. The decline in GDP is largely a reflection of the final three weeks of March, which devastated the economy.

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Additional PPP Loan Funding a Vital Lifeline for Construction Industry, Says ABC

Friday, April 24, 2020 12:40 PM

WASHINGTON, April 24—Associated Builders and Contractors Vice President of Legislative and Political Affairs Kristen Swearingen today issued the following statement on the signing of the Paycheck Protection Program and Health Care Enhancement Act, which provides additional funding for the Paycheck Protection Program:

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Construction Contractor Confidence Plummets in Response to COVID-19, Says ABC

Thursday, April 23, 2020 9:30 AM

WASHINGTON, April 23—Confidence among U.S. construction industry leaders plummeted in response to the economic fallout associated with COVID-19, according to the Associated Builders and Contractors Construction Confidence Index released today. Readings for sales, profit margins and staffing levels expectations fell below the threshold of 50 for the first time in the history of the series, signaling expected contraction along all three dimensions. CCI is based on a survey of ABC members, which was conducted March 20-31. 

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ABC’s Construction Backlog Indicator Down in February

Tuesday, April 21, 2020 9:45 AM

WASHINGTON, April 21—Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 8.2 months in February, a 7.7% decrease from January’s reading. Backlog for firms working in the infrastructure segment rose by 1.3 months in February while backlog for commercial and institutional and heavy industrial firms declined by 0.6 months and 0.7 months, respectively.

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ABC Helps to Author Strategy for Safe, Strong Recovery as Part of Great American Economic Revival Industry Groups

Wednesday, April 15, 2020 6:19 PM

WASHINGTON, April 15—Associated Builders and Contractors President and Chief Executive Officer Michael D. Bellaman today issued the following statement regarding the Great American Economic Revival Industry Groups:

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New OSHA COVID-19 Recordability Guidance Provides Necessary Clarification for Contractors, Says ABC

Monday, April 13, 2020 11:00 AM

WASHINGTON, April 13—Associated Builders and Contractors Vice President of Health, Safety, Environment and Workforce Development Greg Sizemore today issued the following statement on the release of Occupational Safety and Health Administration’s April 10 guidance on recording cases of COVID-19:

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Monthly Construction Input Prices Drop in March, Says ABC

Thursday, April 9, 2020 10:33 AM

WASHINGTON, April 9—Construction input prices fell 1% in March from the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. The aggregate price of inputs to construction is down 1.9% compared to the same time last year. Nonresidential construction input prices fell 1.1% for the month and 2% during the past year.

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February Construction Unemployment Rates Down in 37 States Year Over Year, Says ABC

Wednesday, April 8, 2020 9:30 AM

WASHINGTON, April 8—Estimated February not seasonally adjusted construction unemployment rates fell nationally and in 37 states, rose in 12 states and were unchanged in one state (Texas) on a year-over-year basis, according to an analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors.

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ABC Honors the 2019 National Excellence in Construction Award Winners

Monday, April 6, 2020 9:35 AM

WASHINGTON, April 6—Associated Builders and Contractors today announced 92 Excellence in Construction® winning projects collectively worth nearly $2.9 billion, which will be presented during ABC Convention 2020 in Nashville, Tennessee, on Aug. 18. The EIC awards program is the industry’s leading competition that honors both general and specialty contractors for innovative and high-quality merit shop construction projects.

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ABC Names Tri-City Electrical Contractors 2020 Contractor of the Year

Monday, April 6, 2020 9:33 AM

WASHINGTON, April 6—Associated Builders and Contractors today named Tri-City Electrical Contractors Inc., headquartered in Altamonte Springs, Florida, as its 2020 Contractor of the Year, an award that recognizes companies for corporate integrity, commitment to safety, professional development and expert craftsmanship. The award will be presented at the 30th annual Excellence in Construction® Awards gala during ABC Convention 2020 in Nashville, Tennessee, on Aug. 18.

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ABC Announces 2019 National Diversity Excellence Award Winners

Monday, April 6, 2020 9:30 AM

WASHINGTON, April 6—Associated Builders and Contractors has named the winners of the 2019 National Diversity Excellence Awards, an annual recognition of ABC members that display exemplary diversity leadership in their workforce, supply chain and community with best-in-class recruitment policies, retention practices and education and mentoring programs. The winners will be honored at the 30th annual Excellence in Construction® Awards at ABC Convention 2020 in Nashville, Tennessee, on Aug. 18. 

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ABC Honors Contractors Leading the Industry in Safety Performance

Monday, April 6, 2020 9:29 AM

WASHINGTON, April 6—Associated Builders and Contractors today announced the 49 winners of the 2019 National Safety Excellence Awards, which will be presented at the 30th annual Excellence in Construction® Awards during ABC Convention 2020 in Nashville, Tennessee, on Aug. 18.

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COVID-19 Cuts Nonresidential Construction Employment in March, Says ABC

Friday, April 3, 2020 9:50 AM

WASHINGTON, April 3Construction industry employment declined by 29,000 in March, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Nonresidential construction employment declined by 24,600 in March.

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February’s Construction Spending Decline Indicates What’s to Come, Says ABC

Wednesday, April 1, 2020 11:45 AM

WASHINGTON, April 1National nonresidential construction spending fell 1.8% in February, but is up 2.5% compared to the same time last year, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, spending totaled $795.1 billion for the month.

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The CARES Act is a Critical Lifeline for Construction Industry, Small Business Community, Says ABC

Friday, March 27, 2020 4:14 PM

WASHINGTON, March 27—Associated Builders and Contractors Vice President of Legislative and Political Affairs Kristen Swearingen today issued the following statement about the signing of the Coronavirus Aid, Relief and Economic Security Act, which provides $2 trillion in federal funding and programs to address the ongoing coronavirus crisis:

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January Construction Unemployment Rates Down in 44 States Year Over Year, Says ABC

Tuesday, March 24, 2020 9:30 AM

WASHINGTON, March 24—Estimated January not seasonally adjusted construction unemployment rates fell nationally and in 44 states, rose in four states and were unchanged in two states (Maine and North Carolina) on a year-over-year basis, according to an analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors.

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Construction Contractor Confidence Robust to Start 2020, Says ABC

Thursday, March 19, 2020 9:45 AM

WASHINGTON, March 19—Confidence among U.S. construction industry leaders generally improved in January, consistent with the burgeoning momentum of the U.S. economy during the early weeks of 2020, according to the Associated Builders and Contractors Construction Confidence Index released today. While the reading for sales expectations edged lower for the month, confidence pertaining to sales, profit margins and staffing levels remain well above the threshold of 50, signaling expected growth in those three metrics.

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ABC’s Construction Backlog Indicator Rebounds in January

Tuesday, March 17, 2020 9:15 AM

WASHINGTON, March 17—Associated Builders and Contractors reported today that its Construction Backlog rose to 8.9 months in January 2020, a 5.9% increase from December’s reading. Backlog for firms with less than $30 million in revenues expanded by nearly 20% after declining sharply in December.  

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Monthly Construction Input Prices Drop in February, Says ABC

Thursday, March 12, 2020 10:31 AM

WASHINGTON, March 12—Construction input prices fell 0.6% in February and are up 0.4% year over year, 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 also decreased by 0.6% but are up 0.3% compared to the same time last year.

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ABC Comments on DOL’s Final IRAP Rule

Wednesday, March 11, 2020 9:29 AM

WASHINGTON, March 11—Associated Builders and Contractors Vice President of Health, Safety, Environment and Workforce Development Greg Sizemore today issued the following statement on the release of the final Department of Labor industry-recognized apprenticeship rule:

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ABC Names the 2020 Top Performers in U.S. Commercial and Industrial Construction

Tuesday, March 10, 2020 10:30 AM

WASHINGTON, March 9—Associated Builders and Contractors today released its 2020 Top Performers lists, which recognize ABC member contractors’ achievements in safety, quality, diversity and project excellence ranked by work hours, with special designations identified.

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ABC Announces New Vice President of Construction Technology and Innovation

Monday, March 9, 2020 9:00 AM

WASHINGTON, March 9—Associated Builders and Contractors announced today that Matthew Abeles has been appointed to the newly created role of vice president of construction technology and innovation. As a leader in this space, Abeles will spearhead efforts to integrate construction technology and innovation into all aspects of ABC’s strategic initiatives, particularly total human health, world-class safety and workforce development.

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Nonresidential Construction Employment Expands in February, Says ABC

Friday, March 6, 2020 10:24 AM

WASHINGTON, March 6The construction industry added 42,000 net new jobs in February, 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 expanded by 223,000 jobs, an increase of 3.0%.

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Nonresidential Construction Spending Attains All-time High in January, Says ABC

Monday, March 2, 2020 12:11 PM

WASHINGTON, March 2—National nonresidential construction spending increased by 1.6% in January and is up 5.1% on a year-ago basis, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, spending totaled a record $806.9 billion in January

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ABC Applauds the NLRB Joint Employer Final Rule

Wednesday, February 26, 2020 9:00 AM

WASHINGTON, Feb. 26—Associated Builders and Contractors Vice President of Legislative and Political Affairs Kristen Swearingen today issued the following statement about key provisions in the National Labor Relations Board’s joint employer final rule, which will go into effect April 27, 2020:

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Construction Contractor Confidence Remains Steady, Says ABC

Thursday, February 20, 2020 9:30 AM

WASHINGTON, Feb. 20—Confidence among U.S. construction industry leaders held steady in December after surging in November, according to the Associated Builders and Contractors Construction Confidence Index released today. The average American contractor enters 2020 with confidence: Sales expectations, profit margins and staffing levels all remained above the growth expectations threshold, indicating a strong start to 2020. 

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Monthly Construction Input Prices Rise Slightly in January, Says ABC

Wednesday, February 19, 2020 11:23 AM

WASHINGTON, Feb. 19—Construction input prices rose 0.3% in January compared to December 2019 and are up 1.9% year over year, 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 were flat for the month and are up 1.8% on a year-over-year basis.

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ABC’s Construction Backlog Indicator Falls to Close 2019

Tuesday, February 18, 2020 9:27 AM

WASHINGTON, Feb. 18—Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 8.4 months in December 2019, a 4.2% decline from November’s reading. This appears to be due primarily to seasonal factors. 

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ABC and Southwire Form Strategic Partnership to Provide Safe, Innovative Electrical Solutions

Monday, February 17, 2020 9:30 AM

WASHINGTON, Feb. 17—Associated Builders and Contractors and leading electrical manufacturer Southwire, headquartered in Carrollton, Georgia, today announced a strategic partnership that will provide ABC chapters and contractor members with innovative, productive electrical solutions.  

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Nonresidential Construction Employment Rises in January, Says ABC

Friday, February 7, 2020 10:45 AM

WASHINGTON, Feb. 7—The construction industry added 44,000 net new jobs 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 expanded by 142,000 jobs, an increase of 1.9%.

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Democrat-controlled House Caves to Big Labor by Passing PRO Act, Says ABC

Thursday, February 6, 2020 9:07 PM

WASHINGTON, Feb. 6 — Associated Builders and Contractors Vice President of Legislative and Political Affairs Kristen Swearingen today issued the following statement on the passage of the deceptively named Protecting the Right to Organize Act, H.R. 2474, in the U.S. House of Representatives by a vote of 224 to 194:

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December State Construction Unemployment Rates Down From a Year Ago, Says ABC

Wednesday, February 5, 2020 9:30 AM

WASHINGTON, Feb. 5—In December 2019, estimated not seasonally adjusted construction unemployment rates fell nationally and in 24 states, rose in 25 states and were unchanged in one state (New York) on a year-over-year basis, according to an analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors.

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ABC Lauds Common-sense Regulation, Job Creation Policies in Trump’s State of the Union Speech

Tuesday, February 4, 2020 6:23 PM

WASHINGTON, Feb. 4—Associated Builders and Contractors President and Chief Executive Officer Michael D. Bellaman today issued the following statement on President Donald Trump’s State of the Union address:

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Nonresidential Construction Falls Again in December, Says ABC

Monday, February 3, 2020 12:01 PM

WASHINGTON, Feb. 3—National nonresidential construction spending declined 1.2% in December 2019 but is up 4.4% on a year-ago basis, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, spending totaled $779.6 billion in December.

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U.S. Economy Expands 2.1% in 4th Quarter; Investment in Structures Contracts, Says ABC

Thursday, January 30, 2020 10:48 AM

WASHINGTON, Jan. 30The U.S. economy expanded at an annualized rate of 2.1% in the fourth quarter of 2019, despite investment in structures declining at an annualized rate of 10.1%, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Economic Analysis. Investment in structures contracted for three consecutive quarters and declined 4.4% during 2019.

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Construction Contractor Confidence Surges into 2020, Says ABC

Thursday, January 23, 2020 9:00 AM

WASHINGTON, Jan. 23—Confidence among U.S. construction industry leaders increased in November 2019 with respect to sales, profit margins and staffing, according to the Associated Builders and Contractors Construction Confidence Index released today. Sales and profit margin expectations reached their highest levels since May 2019, while staffing expectations reached their highest level since April 2019.

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ABC’s Construction Backlog Indicator Dips in November

Tuesday, January 21, 2020 9:30 AM

WASHINGTON, Jan. 21—Associated Builders and Contractors reported today that its Construction Backlog Indicator fell slightly to 8.8 months in November, a 1.5% decline from October’s reading.

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Monthly Construction Input Prices Rise Slightly in December, Says ABC

Wednesday, January 15, 2020 11:41 AM

WASHINGTON, Jan. 15—Construction input prices rose 0.2% in December 2019 and are up 1.0% year over year, 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 0.3% for the month and are also up 1.0% since December 2018.

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Nonresidential Construction Employment Up in December, Says ABC

Friday, January 10, 2020 11:14 AM

WASHINGTON, Jan. 10—The construction industry added 20,000 net new jobs in December 2019, 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 expanded by 151,000 jobs, an increase of 2.0%. 

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November Construction Unemployment Rates Rise From a Year Ago, Says ABC

Monday, January 6, 2020 9:30 AM

WASHINGTON, Jan. 6—In November, estimated not seasonally adjusted construction unemployment rates increased nationally and in 38 states, fell in 11 states and were unchanged in one state (Washington) on a year-over-year basis, according to an analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors.

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Nonresidential Construction Falls in November, Says ABC

Friday, January 3, 2020 11:37 AM

WASHINGTON, Jan. 3—National nonresidential construction spending declined 0.3% in November but is up 5.1% year over year, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, spending totaled $781.1 billion, 1.8% lower than the cyclical peak in April 2019.

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Construction Contractor Confidence Rebounds in October, Says ABC

Thursday, December 19, 2019 9:30 AM

WASHINGTON, Dec. 19—Leaders of the U.S. construction industry regained a degree of confidence in October 2019 with respect to near-term prospects for sales and profit margins, according to the Associated Builders and Contractors Construction Confidence Index released today. However, contractors became slightly less confident regarding their staffing levels during the next six months.

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ABC’s Greg Sizemore Appointed Vice Chair, Construction Industry Alliance for Suicide Prevention

Wednesday, December 18, 2019 11:42 AM

WASHINGTON, Dec. 18—Associated Builders and Contractors announced today that Greg Sizemore, the association’s vice president of health, safety, environment and workforce development, has been appointed vice chair of the Construction Industry Alliance for Suicide Prevention. In this role, Sizemore will help support the alliance’s mission to address suicide prevention as a construction health and safety priority and reach a zero-suicide industry.

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ABC’s Construction Backlog Flat in October

Tuesday, December 17, 2019 9:30 AM

WASHINGTON, Dec. 17—Associated Builders and Contractors reported today that its Construction Backlog Indicator remained virtually unchanged at 8.9 months in October, up just 0.2% from September’s reading.

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Construction Input Prices Down in November, Says ABC

Thursday, December 12, 2019 10:04 AM

WASHINGTON, Dec. 12—Construction input prices decreased 0.5% in November and are down 1.1% year over year, 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 decreased 0.4% for the month and are down 1.0% since November 2018.  

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Florida Tops ABC’s Annual Merit Shop Scorecard State Ranking for Second Year in a Row

Monday, December 9, 2019 10:03 AM

WASHINGTON, Dec. 9—Associated Builders and Contractors released its 2019 Merit Shop Scorecard today, an annual ranking based on state policies and programs that encourage workforce development, career and technical education, job growth, and promote fair and open competition for taxpayer-funded construction projects.

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Nonresidential Construction Employment Rises in November, Says ABC

Friday, December 6, 2019 10:19 AM

WASHINGTON, Dec. 6—The construction industry added 1,000 net new jobs in November, 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 expanded by 146,000 jobs, an increase of 2.0%. 

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ABC’s 2020 Construction Economic Forecast: Momentum Persists, Despite Uncertainties

Wednesday, December 4, 2019 12:39 PM

WASHINGTON, Dec. 4—Associated Builders and Contractors Chief Economist Anirban Basu forecasts continued momentum for the construction sector next year but advised an overall “wait-and-see” approach based on leading and lagging indicators and economic uncertainties, according to a 2020 economic outlook published in Construction Executive magazine.

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October Construction Unemployment Rates Rise From a Year Ago, Says ABC

Tuesday, December 3, 2019 9:30 AM

WASHINGTON, Dec. 3—In October, estimated not seasonally adjusted construction unemployment rates increased nationally and in 34 states, fell in 13 states and were unchanged in three states on a year-over-year basis, according to an analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors.

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Nonresidential Construction Spending Falls in October, Says ABC

Monday, December 2, 2019 12:53 PM

WASHINGTON, Dec. 2—National nonresidential construction spending fell 0.7% in October but is up 1.4% compared to the same time last year, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, spending totaled $776.5 billion, 2.3% lower than the cyclical peak attained in April 2019.

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