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 hereABC construction economic releases are published according to this schedule for 2023 

 

Posts Tagged 'construction jobs'

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Construction Employment Up By 28,000 in December, Says ABC

WASHINGTON, Jan. 6—The construction industry added 28,000 jobs on net in December, 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 risen by 231,000 jobs or 3.1%.

ABC: Construction Job Openings Flat in November

WASHINGTON, Jan. 4—The construction industry registered 388,000 job openings in November, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting. Industry job openings declined by 2,000 last month but are up 22,000 from the same time last year.

ABC: Construction Employment Increases By 32,000 in July

WASHINGTON, Aug. 5—The construction industry added 32,000 jobs on net in July, 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 311,000 jobs, or 4.2%.

ABC: Construction Unemployment Is Under 2% in 10 States

WASHINGTON, Aug. 3—The not seasonally adjusted national construction unemployment rate plunged 3.8% in June 2022 from June 2021, down from 7.5% to 3.7%. Meanwhile, all 50 states had lower unemployment rates over the same period, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. Ten states had an estimated construction unemployment rate under 2%; the highest unemployment rate was 6.5% in New Mexico.

ABC: Nonresidential Construction Adds 19,400 Jobs in May

WASHINGTON, June 3—The construction industry added 36,000 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 expanded by 283,000 jobs, an increase of 3.8%.

Nonresidential Construction Employment Dips in April, Says ABC

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%. 

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

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.

ABC: State Construction Unemployment Is Down in 45 States From a Year Ago

WASHINGTON, April 27—The not seasonally adjusted national construction unemployment rate dropped 2.6% in March 2022 from a year ago, down from 8.6% to 6%, while 45 states had lower unemployment rates over the same period, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. This considerable improvement occurred as cases of the omicron variant fell and many states began lifting some or all of their COVID-19 restrictions.

ABC: Construction Backlog Up, Contractor Confidence Down in March

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.

Nonresidential Construction Adds 11,300 Jobs in March; Employment Now Exceeds Pre-Pandemic Levels, Says ABC

WASHINGTON, April 1—The construction industry added 19,000 jobs on net in March, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. After 23 months of recovery, construction employment has at last exceeded pre-pandemic levels. On a year-over-year basis, industry employment has expanded by 220,000 jobs, an increase of 3.0%. 

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