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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Posts Tagged 'Construction Economics'

We are pleased to present below all posts tagged with 'Construction Economics'. If you still can't find what you are looking for, try using the search box.

ABC’s Construction Backlog Up in April; Contractor Confidence Down

Posted on Tuesday, May 10, 2022 9:55 AM By Erika Walter

WASHINGTON, May 10—Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 8.8 months in April, according to an ABC member survey conducted from April 20 to May 4. The reading is up 0.9 months from April 2021.

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Nonresidential Construction Employment Dips in April, Says ABC

Posted on Friday, May 6, 2022 9:15 AM By Erika Walter

WASHINGTON, May 6—The construction industry added 2,000 jobs on net in April, but nonresidential construction employment decreased by 2,000 positions, 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 235,000 jobs, an increase of 3.2%. 

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Construction Job Openings Increased in March; Demand for Labor Remains Strong, Says ABC

Posted on Tuesday, May 3, 2022 11:31 AM By Erika Walter

WASHINGTON, May 3—The construction industry had 396,000 job openings in March 2022, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Industry job openings increased by 13,000 in March and are up 60,000 from the same time last year.

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GDP: U.S. Economy Contracts, Investment in Structures Down Again, Says ABC

Posted on Thursday, April 28, 2022 10:11 AM By Erika Walter

WASHINGTON, April 28—The U.S. economy contracted at a 1.4% annualized rate during the first quarter of 2022. Investment in nonresidential structures declined at an annual rate of 0.9% during the quarter and has contracted nine of the past 10 quarters, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Economic Analysis.

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Construction Input Prices Up 3% in March, 24% Year Over Year, Says ABC

Posted on Wednesday, April 13, 2022 9:38 AM By Donna Reichle

WASHINGTON, April 13—Construction input prices rose 2.9% in March, 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 expanded 2.8% for the month.

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ABC: Construction Backlog Up, Contractor Confidence Down in March

Posted on Tuesday, April 12, 2022 9:50 AM By Donna Reichle

WASHINGTON, April 12—Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 8.3 months in March, according to an ABC member survey conducted Mar. 22 to April 5. The reading is up 0.5 months from March 2021.

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ABC Construction Backlog Indicator Unchanged in February; Contractors Remain Confident

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

WASHINGTON, March 15—Associated Builders and Contractors reported today that its Construction Backlog Indicator remained unchanged at 8.0 months in February, according to an ABC member survey conducted Feb. 21 to March 8. The reading is down 0.2 months from February 2021.

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ABC: White House Union Report Fails to Create Opportunities for All of the Construction Industry

Posted on Monday, February 7, 2022 2:43 PM By Donna Reichle

WASHINGTON, Feb. 7—Associated Builders and Contractors today released the following statement in response to the Biden administration’s White House Task Force on Worker Organizing and Empowerment report on how to boost union membership in the federal government and public and private sectors.

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Construction Unemployment Rates Down in 20 States, Showing Regional Improvements in Jobs Numbers, Says ABC

Posted on Thursday, December 3, 2020 12:33 PM By Donna Reichle

WASHINGTON, Dec. 3—Like most of the economy, construction, and therefore construction employment, was hit hard by the spread of COVID-19 and measures to limit the pandemic. However, construction performed better than many other occupational groups and has been relatively quick to rebound, though not back to its pre-COVID-19 levels, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors.

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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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