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ABC issues news releases on the latest policy and construction-related economic data and trend news. Commercial and industrial economic releases include monthly analyses of federal data reports on construction spending, employment, the Producer Price Index and quarterly GDP. ABC construction economic releases are produced according to this schedule.


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From the monthly archives: August 2012

We are pleased to present below all posts archived in 'August 2012'. If you still can't find what you are looking for, try using the search box.

Construction Confidence Wanes as Nation Approaches Fiscal Cliff

Tuesday, August 21, 2012 11:42 AM
WASHINGTON, D.C. – Associated Builders and Contractors (ABC) today released its newest construction economic measure, the Construction Confidence Index (CCI). The CCI reflects three aspects of the U.S. nonresidential construction industry – sales prospects, staffing levels, and profit margins. During the second quarter of 2012, all three indices declined, undoing much of the first quarter’s progress and indicating that nonresidential construction momentum is waning. However, index values remain above 50, indicating ongoing expectations of construction spending growth.
  • Sales expectations fell from 68.3 to 62.3
  • Profit margins fell from 57.9 to 53.5
  • Staffing levels fell from 64.3 to 59.8
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Construction Backlog Bounces Back In Second Quarter Of 2012

Tuesday, August 14, 2012 2:40 PM
Associated Builders and Contractors (ABC) today reports its Construction Backlog Indicator (CBI) rose 4.3 percent in the second quarter of 2012 after declining the two previous quarters. Despite the quarterly expansion, CBI is 0.3 months, or 4.2 percent below the second quarter of 2011. CBI is a forward-looking economic indicator that measures the amount of construction work under contract to be completed in the future.
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ABC Supports Selection of Rep. Paul Ryan as Nominee for Vice President

Monday, August 13, 2012 11:34 AM
Washington, D.C. – Associated Builders and Contractors (ABC) today issued the following statement after Republican presidential candidate Mitt Romney announced U.S. House Rep. Paul Ryan (R-Wis.) as his running mate. ABC endorsed Mitt Romney for president during its Feb. 22 Board of Directors meeting. Read the rest of entry »

Nonresidential Construction Spending Unchanged in June

Wednesday, August 1, 2012 2:51 PM
“Nonresidential construction spending in June was roughly in accordance with expectations,” said Associated Builders and Contractors (ABC) Chief Economist Anirban Basu. “The volume of spending was virtually unchanged for the month, reflecting an economy that is growing slowly, but with an insufficient level of confidence to produce significant numbers of new construction starts. Read the rest of entry »