Search


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.


For media inquiries, please contact Rachel O’Grady, ABC’s media relations director, at ogrady@abc.org or (202) 905-2104.

Click here to subscribe to ABC’s news releases.

Archives

Minimize
Search by Category   

 

News Releases

From the monthly archives: October 2017

We are pleased to present below all posts archived in 'October 2017'. If you still can't find what you are looking for, try using the search box.

Hurricane Impact Comes into View as 41 States See September Construction Unemployment Rate Improvement

Tuesday, October 31, 2017 11:08 AM
WASHINGTON, Oct. 31—The not seasonally adjusted (NSA) national construction unemployment rate was 4.7 percent in September, down 0.5 percent from a year ago and the second lowest September rate on record behind the 4.6 percent rate in September 2000, the U.S. Bureau of Labor Statistics (BLS) reported. Construction unemployment rates were also down in 41 states on a year-over-year basis while rates rose in nine states, according to an analysis released today by Associated Builders and Contractors (ABC). Further, the construction industry employed 173,000 more workers than in September 2016.
Read the rest of entry »

ABC Announces 2017 Young Professional of the Year Finalists

Tuesday, October 31, 2017 10:20 AM
Associated Builders and Contractors (ABC) today announced three finalists for its annual Young Professional of the Year Award. This year’s list includes a technology-driven electrician, a business owner who builds dreams and saves lives and an attorney who fights for equality in construction.
Read the rest of entry »

Construction Industry Benefits From Consecutive Quarterly GDP Gains, Says ABC

Friday, October 27, 2017 12:49 PM
WASHINGTON, Oct. 27—The U.S. economy expanded at an annual rate of 3 percent during the third quarter of 2017, according to Associated Builders and Contractors’ analysis of gross domestic product (GDP) data released today by the Bureau of Economic Analysis. “Construction firms are among the major beneficiaries of the most recent GDP report, which confirms that the U.S. economy enjoys a level of momentum not observed for several years,” said ABC Chief Economist Anirban Basu.
Read the rest of entry »

ABC Releases Statement on Critical House Vote in Tax Reform Process

Thursday, October 26, 2017 11:45 AM
“We applaud House members for adopting the FY 2018 budget resolution that positions Congress to move forward with comprehensive, pro-growth tax reform without the threat of a filibuster
Read the rest of entry »

ABC Celebrates Careers in Construction Month 2017

Wednesday, October 25, 2017 11:49 AM
The construction industry has a message for career-seekers this October: the demand for construction workers is high, and firms are looking to hire. Despite an investment of more than $1 billion a year by its members to train the next generation of construction workers, Associated Builders and Contractors (ABC) says the industry currently has 500,000 unfilled jobs, and that number could more than double if Congress and the White House agree on a promised $1 trillion infrastructure bill. ABC member firms are highlighting the worker shortfall and abundant opportunities for aspiring industry professionals during Careers in Construction Month.
Read the rest of entry »

ABC Urges House to Act Quickly After Senate Passes Budget, Preserving Path for Tax Reform

Friday, October 20, 2017 10:22 AM
Michael D. Bellaman, president and CEO of Associated Builders and Contractors (ABC), today issued the following statement on the passage of a budget by the U.S. Senate:
 “This important step by the Senate keeps the process on track to produce once-in-a-generation tax reform...
Read the rest of entry »

ABC Announces Promotion of Téa Gennaro to Chief Financial Officer

Thursday, October 19, 2017 9:35 AM
Associated Builders and Contractors (ABC) announced the promotion of Téa Gennaro to Chief Financial Officer (CFO). She will be responsible for managing and directing the accounting, finance and facilities functions at ABC and its affiliated organizations—the ABC Political Action Committee, ABC Retirement and Savings Plan, Construction Legal Rights Foundation, Trimmer Construction Education Foundation and ABC Services Corp.
Read the rest of entry »

ABC's Construction Backlog Indicator 'Returns to Earth' in Second Quarter

Wednesday, October 18, 2017 9:52 AM
WASHINGTON, Oct. 18—Associated Builders and Contractors (ABC) today reported its Construction Backlog Indicator (CBI) fell to 8.6 months during the second quarter of 2017, down 4.1 percent from the first quarter of 2017. CBI is up by 0.1 months, or 1.4 percent, on a year-over-year basis.
Read the rest of entry »

ABC CEO Mike Bellaman Appointed to Task Force on Apprenticeship Expansion for all Americans

Monday, October 16, 2017 9:11 AM
Michael D. Bellaman, president and CEO of Associated Builders and Contractors (ABC), has been appointed by U.S. Department of Labor Secretary R. Alexander Acosta  to the Task Force on Apprenticeship Expansion, created by President Trump’s June 15 Executive Order 13801.

“I am excited to join Secretary Acosta’s task force to expand opportunities to citizens nationwide who want to live the American Dream while helping to build and rebuild our country,” said Bellaman. “As the president promised in his election night acceptance speech, every single American will have the opportunity to realize his or her fullest potential under his administration. That sentiment will drive this task force as we work to promote affordable education and rewarding jobs for all Americans.”
Read the rest of entry »

Construction Input Growth Accelerates in September, says ABC

Thursday, October 12, 2017 1:03 PM
WASHINGTON, Oct. 12—Construction input prices rose yet again in September, according to an analysis by Associated Builders and Contractors (ABC) of data released today by the Bureau of Labor Statistics. Non-residential construction input prices rose 0.8 percent in September and 4.3 percent compared to this time last year. 
Overall, construction materials prices rose 0.8 percent over the previous month and 4.5 percent on a year-over-year basis, about three times as fast as overall U.S. inflation. 

Read the rest of entry »
Pages: Previous12NextReturn Top