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. 

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Investment in Structures Falls Again in Third Quarter Even as US Economy Expands, Says ABC

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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