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.  

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

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Posts Tagged 'Anirban Basu'

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Construction Employment Surges in February to Near Pre-Pandemic Levels, Says ABC

Posted on Friday, March 4, 2022 9:42 AM By Donna Reichle

WASHINGTON, March 4—The construction industry added 60,000 jobs on net in February, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Overall, the industry has recovered virtually all (99.0%) of the jobs lost during earlier stages of the pandemic.

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ABC: Construction Industry Faces Workforce Shortage of 650,000 in 2022

Posted on Wednesday, February 23, 2022 9:50 AM By Donna Reichle

WASHINGTON, Feb. 23—The construction industry will need to attract nearly 650,000 additional workers on top of the normal pace of hiring in 2022 to meet the demand for labor, according to a model developed by Associated Builders and Contractors.

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Monthly Construction Input Prices Rise in January, Says ABC

Posted on Tuesday, February 15, 2022 10:27 AM By Donna Reichle

WASHINGTON, Feb. 15—Construction input prices rose 3.5% in January 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 increased 3.1% for the month.

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ABC’s Construction Backlog Slips Again in January; Contractor Confidence Inches Lower

Posted on Tuesday, February 15, 2022 9:50 AM By Donna Reichle

WASHINGTON, Feb. 15—Associated Builders and Contractors reported today that its Construction Backlog Indicator declined to 8.0 months in January, according to an ABC member survey conducted Jan. 20 to Feb. 4. The reading is down 0.2 months from December 2021, but up 0.5 months from January 2021.

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Despite Impressive January Jobs Report, Nonresidential Construction Employment Declines by 9,000, Says ABC

Posted on Friday, February 4, 2022 9:45 AM By Donna Reichle

WASHINGTON, Feb. 4—The construction industry lost 5,000 jobs on net in January, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Overall, the industry has recovered slightly more than 1 million (91%) of the jobs lost during earlier stages of the pandemic.

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U.S. Economy Grows in Fourth Quarter, But Investment in Structures Declines Again, Says ABC

Posted on Thursday, January 27, 2022 10:24 AM By Donna Reichle

WASHINGTON, Jan. 27—The U.S. economy grew at a 6.9% annualized rate in the fourth quarter of 2021, according to an Associated Builders and Contractors analysis of data released today by the Bureau of Economic Analysis. Investment in nonresidential structures decreased at an annual rate of 11.4% for the quarter and has now contracted in eight of the past nine quarters.

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Monthly Construction Input Prices Decreased in November, Says ABC

Posted on Friday, December 11, 2020 10:07 AM By Donna Reichle

WASHINGTON, Dec. 11—Construction input prices fell 0.5% in November 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 fell 0.4% for the month.

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ABC’s Construction Backlog Plunges in November; Contractor Optimism Falters

Posted on Tuesday, December 8, 2020 12:00 PM By Donna Reichle

WASHINGTON, Dec. 8—Associated Builders and Contractors reported today that its Construction Backlog Indicator declined to 7.2 months in November, a decrease of 0.5 months from October’s reading, according to an ABC member survey conducted from Nov. 20 to Dec. 2. Backlog is 1.7 months lower than in November 2019.

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Nonresidential Construction Employment Expands in November, Says ABC

Posted on Friday, December 4, 2020 3:25 PM By Donna Reichle

WASHINGTON, Dec. 4—The construction industry added 27,000 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. During the last seven months, the industry has added 804,000 jobs, recovering 74% of the losses incurred during earlier stages of the pandemic.

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Nonresidential Construction Spending Unchanged in October, Says ABC

Posted on Tuesday, December 1, 2020 12:39 PM By Donna Reichle

WASHINGTON, Dec. 1—National nonresidential construction spending was virtually unchanged in October, 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 $792.4 billion for the month.

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