ABC’s Construction Backlog Indicator & Contractor Confidence Index Waver in July

WASHINGTON (Aug. 9, 2022) — Associated Builders and Contractors (ABC) reported today that its Construction Backlog Indicator fell 0.2 months in July and stands at 8.7 months, according to an ABC member survey conducted July 20 to Aug. 3. The reading is up 0.2 months from July 2021.

View ABC’s Construction Backlog Indicator and Construction Confidence Index tables for July 2022. 

Construction Employment Increases by 32,000 in July

WASHINGTON (Aug. 5, 2022) — The construction industry added 32,000 jobs on net in July, according to an Associated Builders and Contractors (ABC) analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has increased by 311,000 jobs, or 4.2%.

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ABC: Construction Unemployment Is Under 2% in 10 States

WASHINGTON (Aug. 3, 2022) — The not seasonally adjusted (NSA) national construction unemployment rate plunged 3.8% in June 2022 from June 2021, down from 7.5% to 3.7%. Meanwhile, all 50 states had lower unemployment rates over the same period, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors (ABC).