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Construction Economics

Jillian Stengel
In Member News, National

All But 5 States Had Construction Unemployment Rates Below 8% in December 2025

NJ Among the Highest Construction Unemployment in the Nation, Expansion of PLAs will Exclude Majority of NJ Construction Workers WASHINGTON, DC -- The national December 2025 not seasonally adjusted construction unemployment rate was 5.0%, a 0.2% decrease from December 2024, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. However, New…
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Andrew DeVito
In National, News

ABC: Construction Employment Growth Anemic in July

The construction industry added 2,000 jobs on net in July, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has increased by 96,000 jobs, or 1.2%. Nonresidential construction employment increased by 6,400 positions on…
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Andrew DeVito
In National, News

ABC: Tariffed Construction Materials Prices Rise in May

Construction input prices increased 0.2% in May compared to the previous month, 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 increased 0.3% for the month. Overall construction input prices are 1.3% higher than a…
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Andrew DeVito
In National, News

ABC: Contractors’ Backlog Falls Sharply in May

Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 8.4 months in May, according to an ABC member survey conducted May 20 to June 3. The reading is up 0.1 months since May 2024. View the full Construction Backlog Indicator and Construction Confidence Index data series. While…
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