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

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From the category archives: Construction Economics

Construction Economics

State Construction Unemployment Rates Down in 49 States From a Year Ago, Says ABC

Wednesday, November 3, 2021 4:00 PM

WASHINGTON, Nov. 3—The not seasonally adjusted national construction unemployment rate dropped 2.6% in September 2021 from a year ago while 49 states had lower unemployment rates over the same period, according to state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. Only one state, Alaska, had a higher estimated rate than it did in September 2020.

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Nonresidential Construction Loses 20,300 Jobs in August, Says ABC

Friday, September 3, 2021 10:04 AM

WASHINGTON, Sept. 3—The construction industry lost 3,000 jobs on net in August, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Despite the monthly setback, the industry has recovered 881,000 (79.2%) of the jobs lost during earlier stages of the pandemic.

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Nonresidential Construction Spending Weak in July, Says ABC

Wednesday, September 1, 2021 10:55 AM

WASHINGTON, Sept. 1—National nonresidential construction spending expanded 0.1% in July, 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 $786.7 billion for the month.

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ABC’s Construction Backlog Indicator and Contractor Confidence Index Rise in June

Tuesday, July 13, 2021 9:50 AM

WASHINGTON, July 13—Associated Builders and Contractors reports today that its Construction Backlog Indicator rose to 8.5 months in June, according to an ABC member survey conducted June 20-July 6, 0.5 months higher than in May 2021 and 0.4 months higher than in June 2020.

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Nonresidential Construction Sheds 22,600 Jobs in June Due Largely to Worker Shortages, Says ABC

Friday, July 2, 2021 9:49 AM

WASHINGTON, July 2—The construction industry lost 7,000 jobs on net in June, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Despite that setback, the industry has recovered 875,000 (78.6%) of the jobs lost during the earlier stages of the pandemic.

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Monthly Construction Input Prices Rise 1.3% in April, Says ABC

Thursday, May 13, 2021 9:53 AM

WASHINGTON, May 13—Construction input prices increased 1.3% in April compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices increased 1.6% for the month.

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Construction Employment Unchanged in April, Says ABC

Friday, May 7, 2021 10:17 AM

WASHINGTON, May 7—Construction industry employment remained unchanged in April, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Over the last year, the industry has added 917,000 jobs, recovering 82.4% of the jobs lost during the first months of the COVID-19 pandemic.

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GDP and Construction: Investment in Nonresidential Structures Declines 4.8% in Q1, Says ABC

Thursday, April 29, 2021 9:11 AM

WASHINGTON, April 29The U.S. economy expanded at a 6.4% annualized rate during the first quarter of 2021; however, investment in nonresidential structures declined at a 4.8% rate for the quarter, according to analysis conducted by Associated Builders and Contractors of data released today by the Bureau of Economic Analysis.

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ABC’s Construction Backlog Slips in March; Contractor Optimism Continues to Improve

Tuesday, April 13, 2021 9:50 AM

WASHINGTON, April 13—Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 7.8 months in March, according to an ABC member survey conducted from March 22 to April 5, a decrease of 0.4 months from both the February 2021 and March 2020 readings.

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Monthly Construction Input Prices Rise in March, Says ABC

Friday, April 9, 2021 10:25 AM

WASHINGTON, April 9—Construction input prices rose 3.5% in March 2021, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices also increased 3.5% for the month.

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