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

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%.

WASHINGTON, Jan. 3—National nonresidential construction spending grew 0.9% in November, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $930.1 billion for the month.

WASHINGTON, Oct. 27—The U.S. economy expanded at a 2.6% annualized rate in the third quarter of 2022, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Economic Analysis. Investment in nonresidential structures decreased at an annual rate of 15.3% for the quarter and has now contracted in 10 of the past 12 quarters.

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

For media inquiries, please contact Erika Walter, ABC director of media relations, at [email protected].

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