Construction Data

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Highlights

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ABC’s Construction Backlog Indicator Up in April, Contractors Remain Confident

May 14, 2024
On an annual basis, only contractors with $30-$50 million in annual revenues have experienced an increase in backlog.
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Nonresidential Construction Employment Strength Persists, Jobs Up 7,800 in April

May 3, 2024
On a year-over-year basis, industry employment has increased by 258,000 jobs, an increase of 3.2%.
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Over Half of March State Construction Unemployment Rates Down From a Year Ago

May 2, 2024
29 states had lower unemployment rates over the same period, two states were unchanged (New Jersey and Oklahoma) and 19 states were higher.
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Nonresidential Construction Spending Rebounds in March

May 1, 2024
On a seasonally adjusted annualized basis, nonresidential spending totaled $1.19 trillion.
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March Construction Job Openings Show Volatility, Decreasing by 182,000

May 1, 2024
Construction job openings plunged in March, falling to the lowest level since October 2020.
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ABC’s Construction Backlog Indicator Rebounds in March

April 16, 2024
ABC’s Construction Confidence Index readings for sales, profit margins and staffing levels increased in March.
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Construction Input Prices Increase 1.4% in February

March 14, 2024
Overall construction input prices are 1.5% higher than a year ago, while nonresidential construction input prices are 1.8% higher.

Skilled Labor Shortage Continues to Challenge Industry Despite Economic Gains

March 13, 2024
Marcum LLP releases annual analysis of the Bureau of Labor Statistics' Job Openings and Labor Turnover Survey (JOLTS).
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ABC’s Construction Backlog Indicator Down in February

March 12, 2024
All three index readings still remain above the threshold of 50, indicating expectations for growth over the next six months.
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Nonresidential Construction Employment Increased by 23,000 in February

March 8, 2024
On a year-over-year basis, industry employment has expanded by 215,000 jobs, an increase of 2.7%.