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ABC issues news releases on the latest workforce, policy and industry issues, as well as construction-related economic data and trends. Commercial and industrial construction economic analyses include federal data on construction spending, employment, GDP and the Producer Price Index. Please note, ABC's news releases on state construction unemployment have been temporarily paused. 

In addition, ABC produces the Construction Backlog Indicator, the only economic indicator that reflects the amount of work that will be performed by commercial and industrial construction contractors in the months ahead, and the Construction Confidence Index, a diffusion index that signals construction contractors’ expectations for sales, profit margins and staffing levels. Methodology for both indicators can be found hereABC construction economic releases are published according to this schedule 

For media inquiries, please contact Donna Reichle, ABC’s senior director of public affairs, at reichle@abc.org or (202) 595-1782

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From the monthly archives: December 2019

We are pleased to present below all posts archived in 'December 2019'. If you still can't find what you are looking for, try using the search box.

Construction Contractor Confidence Rebounds in October, Says ABC

Thursday, December 19, 2019 9:30 AM

WASHINGTON, Dec. 19—Leaders of the U.S. construction industry regained a degree of confidence in October 2019 with respect to near-term prospects for sales and profit margins, according to the Associated Builders and Contractors Construction Confidence Index released today. However, contractors became slightly less confident regarding their staffing levels during the next six months.

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ABC’s Greg Sizemore Appointed Vice Chair, Construction Industry Alliance for Suicide Prevention

Wednesday, December 18, 2019 11:42 AM

WASHINGTON, Dec. 18—Associated Builders and Contractors announced today that Greg Sizemore, the association’s vice president of health, safety, environment and workforce development, has been appointed vice chair of the Construction Industry Alliance for Suicide Prevention. In this role, Sizemore will help support the alliance’s mission to address suicide prevention as a construction health and safety priority and reach a zero-suicide industry.

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ABC’s Construction Backlog Flat in October

Tuesday, December 17, 2019 9:30 AM

WASHINGTON, Dec. 17—Associated Builders and Contractors reported today that its Construction Backlog Indicator remained virtually unchanged at 8.9 months in October, up just 0.2% from September’s reading.

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Construction Input Prices Down in November, Says ABC

Thursday, December 12, 2019 10:04 AM

WASHINGTON, Dec. 12—Construction input prices decreased 0.5% in November and are down 1.1% year over year, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices decreased 0.4% for the month and are down 1.0% since November 2018.  

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Florida Tops ABC’s Annual Merit Shop Scorecard State Ranking for Second Year in a Row

Monday, December 9, 2019 10:03 AM

WASHINGTON, Dec. 9—Associated Builders and Contractors released its 2019 Merit Shop Scorecard today, an annual ranking based on state policies and programs that encourage workforce development, career and technical education, job growth, and promote fair and open competition for taxpayer-funded construction projects.

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Nonresidential Construction Employment Rises in November, Says ABC

Friday, December 6, 2019 10:19 AM

WASHINGTON, Dec. 6—The construction industry added 1,000 net new jobs in November, 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 expanded by 146,000 jobs, an increase of 2.0%. 

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ABC’s 2020 Construction Economic Forecast: Momentum Persists, Despite Uncertainties

Wednesday, December 4, 2019 12:39 PM

WASHINGTON, Dec. 4—Associated Builders and Contractors Chief Economist Anirban Basu forecasts continued momentum for the construction sector next year but advised an overall “wait-and-see” approach based on leading and lagging indicators and economic uncertainties, according to a 2020 economic outlook published in Construction Executive magazine.

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October Construction Unemployment Rates Rise From a Year Ago, Says ABC

Tuesday, December 3, 2019 9:30 AM

WASHINGTON, Dec. 3—In October, estimated not seasonally adjusted construction unemployment rates increased nationally and in 34 states, fell in 13 states and were unchanged in three states on a year-over-year basis, according to an analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors.

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Nonresidential Construction Spending Falls in October, Says ABC

Monday, December 2, 2019 12:53 PM

WASHINGTON, Dec. 2—National nonresidential construction spending fell 0.7% in October but is up 1.4% compared to the same time last year, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, spending totaled $776.5 billion, 2.3% lower than the cyclical peak attained in April 2019.

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