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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, job openings, 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

Nonresidential Construction Spending Increases Nearly 1% in October, Says ABC

Wednesday, December 1, 2021 11:18 AM

WASHINGTON, Dec. 1National nonresidential construction spending was up 0.9% 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, nonresidential spending totaled $814.2 billion for the month.

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Construction Input Prices See Largest Monthly Increase Since June, Says ABC

Tuesday, November 9, 2021 11:13 AM

WASHINGTON, Nov. 9—Construction input prices increased 1.5% in October, 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 increased 1.4% for the month.

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ABC’s Construction Backlog Rebounds in October; Contractor Confidence in Sales and Profit Margins Falls

Tuesday, November 9, 2021 9:45 AM

WASHINGTON, Nov. 9— Associated Builders and Contractors reports today that its Construction Backlog Indicator rose to 8.1 months in October, according to an ABC member survey conducted from Oct. 20 to Nov. 2. The reading is up 0.5 months from September 2021 and 0.4 months from October 2020.

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Nonresidential Construction Employment Rises in October, Says ABC

Friday, November 5, 2021 9:54 AM

The construction industry added 44,000 jobs on net in October, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Overall, the industry has recovered 963,000, or 86.5%, of the jobs lost during earlier stages of the pandemic.

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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 Spending Contracts 0.6% in September, Says ABC

Monday, November 1, 2021 10:46 AM

WASHINGTON, Nov. 1—National nonresidential construction spending contracted 0.6% in September, 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 $791.2 billion for the month.

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GDP Report: Investment in Nonresidential Structures Falls 7.3% in Third Quarter of 2021, Says ABC

Thursday, October 28, 2021 10:17 AM

WASHINGTON, Oct. 28—Investment in nonresidential structures contracted at an annual rate of 7.3% during the third quarter of 2021 and has now contracted during seven of the past eight quarters, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Economic Analysis. The overall economy expanded at a 2.0% annualized rate during the third quarter of 2021.

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ABC’s Construction Backlog Indicator Inches Lower in September; Contractor Confidence Down for Second Consecutive Month

Tuesday, October 12, 2021 9:50 AM

WASHINGTON, Oct. 12—Associated Builders and Contractors reports today that its Construction Backlog Indicator fell to 7.6 months in September, according to an ABC member survey conducted Sept. 20-Oct. 4. The reading is down 0.1 months from August 2021, but up 0.1 months from September 2020.

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Nonresidential Construction Employment Rises Slightly in September, Says ABC

Friday, October 8, 2021 9:36 AM

WASHINGTON, Oct. 8—The construction industry added 22,000 jobs on net in September, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Overall, the industry has recovered 912,000 (81.9%) of the jobs lost during earlier stages of the pandemic.

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Nonresidential Construction Spending Dips in August, Says ABC

Friday, October 1, 2021 11:19 AM

WASHINGTON, Oct. 1National nonresidential construction spending fell 0.4% in August, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. Nonresidential spending totaled $788.6 billion in August on a seasonally adjusted annualized basis, down 3.0% from August 2020.  

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