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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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From the monthly archives: March 2018

We are pleased to present below all posts archived in 'March 2018'. If you still can't find what you are looking for, try using the search box.

ABC, BCSP Ink Deal to Promote Construction Safety

Monday, March 19, 2018 4:09 PM
LONG BEACH, Calif., March 19—Associated Builders and Contractors (ABC) and the Board of Certified Safety Professionals (BCSP) yesterday signed a memorandum of understanding to collaborate on improving occupational safety and health at construction workplaces throughout the United States. The partnership is centered on developing effective prevention strategies and technologies as well as encouraging students and other professionals to choose occupational safety and health as a career and advance their competency in that field. Read the rest of entry »

Construction Materials Prices Continue to Expand Briskly in February, ABC Says

Wednesday, March 14, 2018 10:32 AM
WASHINGTON, March 14—Overall construction input prices rose 0.7 percent in February, slightly lower than the rate set in January, according to an Associated Builders and Contractors (ABC) analysis of Bureau of Labor Statistics data released today. Compared to February 2017, prices are up 5.2 percent. Nonresidential construction materials prices are also up 0.4 percent on a monthly basis and 4.9 percent compared to the same time last year. Read the rest of entry »

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 »
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