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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, as well as state-by-state construction unemployment estimates.

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. ABC construction economic releases are published according to this schedule 



For media inquiries, please contact Rachel O’Grady, ABC’s media relations director, at ogrady@abc.org or (202) 905-2104.

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News Releases

From the category archives: News Releases 2018

News Releases 2018

ABC’s Construction Backlog Indicator Hits a New High; 2018 Poised to Be a Very Strong Year for Construction Spending

Tuesday, March 13, 2018 10:29 AM
WASHINGTON, March 19—Associated Builders and Contractors (ABC) today reported that its Construction Backlog Indicator(CBI) expanded to 9.67 months during the fourth quarter of 2017—its highest level ever and a 2.25 percent increase from the prior quarter. Backlog records were broken in the Northeast region, the commercial/industrial segment and among firms with $30 to $50 million in annual revenues. CBI is up by 1.36 months, or 16.3 percent, on a year-over-year basis. Read the rest of entry »

Construction Employment Growth Surges in February

Friday, March 9, 2018 11:06 AM
WASHINGTON, March 9 - February was the best month for construction employment gains since March 2007, according to Associated Builders and Contractors’ (ABC) analysis of today’s employment report from the U.S. Bureau of Labor Statistics (BLS). The sector added 61,000 net new jobs on a monthly basis in February, an increase of 0.9 percent, and 254,000 net new jobs on a yearly basis, an increase of 3.7 percent. Read the rest of entry »

Associated Builders and Contractors Announces Finalists in Competitions for Top Craft Professional and Instructor

Monday, March 5, 2018 9:00 AM
WASHINGTON, March 5– Associated Builders and Contractors (ABC) today announced the finalists for its 2018 Craft Professional of the Year and Craft Instructor of the Year awards. Winners of both awards will be announced at the Careers in Construction Awards ceremony March 22 during ABC Convention 2018 in Long Beach, Calif. Read the rest of entry »

Nonresidential Construction Spending Dips Slightly in January, ABC Says

Friday, March 2, 2018 10:03 AM
WASHINGTON, March 1—Nonresidential construction spending fell 0.1 percent on a monthly basis in January 2018, while year-over-year spending increased, according to an Associated Builders and Contractors (ABC) analysis of U.S. Census Bureau data released today. Nonresidential January spending totaled $732.9 billion on a seasonally adjusted annual rate, adding up to a 2.4 percent increase year over year.   Read the rest of entry »

Strong Economy, Weaker Dollar Help Construction Materials Prices Recover in January

Thursday, February 15, 2018 11:27 AM
WASHINGTON, Feb. 15–Overall construction input prices increased 1.1 percent in January, reversing a slight decline in December 2017, according to an Associated Builders and Contractors (ABC) analysis of Bureau of Labor Statistics data released today. Compared to this time last year, overall construction materials prices are up 4.9 percent. Nonresidential construction materials prices are up 4.7 percent year over year and up 1 percent on a monthly basis.  

Read the rest of entry »

ABC Commends White House Infrastructure Plan's Regulatory Streamlining, Workforce Development Expansion Goals

Monday, February 12, 2018 12:05 PM
WASHINGTON, Feb. 12—Associated Builders and Contractors (ABC) President and CEO Michael D. Bellaman issued the following statement on President Donald Trump’s infrastructure proposal:

“ABC applauds the president for sending to Congress a plan to rebuild America’s infrastructure. It is now time for lawmakers to develop legislation and policy to efficiently modernize America’s infrastructure and drive economic growth and prosperity for all Americans.
Read the rest of entry »

Demand for Construction Workers Remains Strong, ABC Says

Friday, February 2, 2018 11:10 AM
WASHINGTON, Feb. 2—Today’s employment report from the Bureau of Labor Statistics shows growth in both public and private construction spending, according to an analysis by Associated Builders and Contractors (ABC). Construction added 36,000 net new jobs in January, an impressive increase of 0.5 percent on a month-over-month basis. 
Read the rest of entry »

Nonresidential Construction Maintains Momentum in December, ABC Says

Thursday, February 1, 2018 10:46 AM
WASHINGTON, Feb. 1—Nonresidential construction spending expanded 0.8 percent in December, totaling $720.4 billion on a seasonally adjusted basis, according to Associated Builders and Contractors’ (ABC) analysis of data released today by the U.S. Census Bureau. This represents the fifth consecutive month during which the pace of nonresidential spending has increased.  Read the rest of entry »

ABC Applauds Infrastructure, Economic Initiatives in State of the Union Speech

Wednesday, January 31, 2018 9:05 AM
WASHINGTON, Jan. 31—Associated Builders and Contractors (ABC) President and CEO Michael D. Bellaman issued the following remarks on President Donald Trump’s State of the Union speech.

“Associated Builders and Contractors appreciates President Trump’s focus on creating a strong economy with limitless opportunities for all Americans. The president is right, America is a nation of builders, and ABC and its members are confident about the direction of the U.S. economy and the construction industry and stand ready to help rebuild America’s infrastructure.”
Read the rest of entry »

December Construction Unemployment Rates Down Year Over Year in 46 States as Nation Posts Lowest December Rate on Record, Says ABC

Tuesday, January 30, 2018 1:51 PM
WASHINGTON, Jan. 31—The not seasonally adjusted (NSA) national construction unemployment rate was 5.9 percent in December, down 1.5 percent from December 2016 and the lowest December rate on record, according to an analysis released today by Associated Builders and Contractors (ABC) of U.S. Bureau of Labor Statistics (BLS) data. Estimated construction unemployment rates were down in 46 states on a year-over-year basis, unchanged in one (Idaho) and up in three states (Connecticut, Massachusetts and New Hampshire).
Read the rest of entry »