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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 monthly archives: October 2021

We are pleased to present below all posts archived in 'October 2021'. If you still can't find what you are looking for, try using the search box.

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 Announces New Chief Editor of Construction Executive Magazine

Wednesday, October 27, 2021 9:45 AM

WASHINGTON, Oct. 27—Associated Builders and Contractors today announced that it has hired Christopher Durso as the new editor-in-chief of Construction Executive, the magazine for the business of construction.

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Report: Nonunion Workers Suffer Up to 34% in Wage Theft Under Government-Mandated Project Labor Agreements

Friday, October 22, 2021 7:50 AM

WASHINGTON, Oct. 22—Associated Builders and Contractors today calls attention to a new report that highlights the negative economic impact of controversial government-mandated project labor agreements on nonunion construction workers, who comprise 87.3% of the construction industry workforce. The study found that the limited number of nonunion craft professionals permitted to work on construction projects subject to a government-mandated PLA suffer an estimated 34% reduction in wages and benefits.

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Construction Inclusion Week Will Build Stronger Diversity Strategies, Says ABC

Monday, October 18, 2021 9:45 AM

WASHINGTON, Oct. 18—Associated Builders and Contractors today released the following statement about the importance of Construction Inclusion Week, which runs Oct. 18-22.

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Input Prices Decline in September but Remain Higher on a Yearly Basis, Says ABC

Thursday, October 14, 2021 9:50 AM

WASHINGTON, Oct. 14—Construction input prices declined 0.5% in September, 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 fell 0.4% for the month.

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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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ABC Announces 2021-2022 Tech Alliance Members

Tuesday, October 5, 2021 9:50 AM

WASHINGTON, Oct. 5—Associated Builders and Contractors today announced the members of its second annual Tech Alliance—a consortium of firms that create construction technology and innovative solutions for ABC contractor members, the majority of which primarily perform work in the industrial and commercial sectors. Consisting of 15 companies, the Tech Alliance will leverage technology solutions to help ABC members develop people, win work and deliver work safely, ethically and profitably for the betterment of the communities in which they work.

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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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