Construction Confidence Index

WASHINGTON (Nov. 1, 2024) — The construction industry added 8,000 jobs on net in October, 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 grown by 223,000 jobs, an increase of 2.8%.  

WASHINGTON (April 16, 2024) — Associated Builders and Contractors (ABC) reported that its Construction Backlog Indicator increased to 8.2 months in March from 8.1 months in February, according to an ABC member survey conducted March 20 to April 3. The reading is down 0.5 months from March 2023.

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

WASHINGTON (Jan. 16, 2024) — Associated Builders and Contractors (ABC) reported that its Construction Backlog Indicator increased to 8.6 months in December from 8.5 months in November, according to an ABC member survey conducted Dec. 20 to Jan. 4. The reading is down 0.6 months from December 2022.

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

WASHINGTON, (Nov. 14, 2023) — Associated Builders and Contractors (ABC) reported today that its Construction Backlog Indicator declined to 8.4 months in October from 9.0 months in September, according to an ABC member survey conducted from Oct. 19 to Nov. 2. The reading is down 0.4 months from October 2022.

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

WASHINGTON (Aug. 29, 2023) — The construction industry had 363,000 job openings on the last day of July, according to an Associated Builders and Contractors (ABC) analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey (JOLTS). JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting.