Search


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, as well as state-by-state construction unemployment estimates.

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 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 or here to receive ABC's weekly newsletter, Newsline

Archives

Minimize
Search by Category   

 

News Releases

From the monthly archives: February 2020

We are pleased to present below all posts archived in 'February 2020'. If you still can't find what you are looking for, try using the search box.

ABC Applauds the NLRB Joint Employer Final Rule

Wednesday, February 26, 2020 9:00 AM

WASHINGTON, Feb. 26—Associated Builders and Contractors Vice President of Legislative and Political Affairs Kristen Swearingen today issued the following statement about key provisions in the National Labor Relations Board’s joint employer final rule, which will go into effect April 27, 2020:

Read the rest of entry »

Construction Contractor Confidence Remains Steady, Says ABC

Thursday, February 20, 2020 9:30 AM

WASHINGTON, Feb. 20—Confidence among U.S. construction industry leaders held steady in December after surging in November, according to the Associated Builders and Contractors Construction Confidence Index released today. The average American contractor enters 2020 with confidence: Sales expectations, profit margins and staffing levels all remained above the growth expectations threshold, indicating a strong start to 2020. 

Read the rest of entry »

Monthly Construction Input Prices Rise Slightly in January, Says ABC

Wednesday, February 19, 2020 11:23 AM

WASHINGTON, Feb. 19—Construction input prices rose 0.3% in January compared to December 2019 and are up 1.9% 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 were flat for the month and are up 1.8% on a year-over-year basis.

Read the rest of entry »

ABC’s Construction Backlog Indicator Falls to Close 2019

Tuesday, February 18, 2020 9:27 AM

WASHINGTON, Feb. 18—Associated Builders and Contractors reports today that its Construction Backlog Indicator fell to 8.4 months in December 2019, a 4.2% decline from November’s reading. This appears to be due primarily to seasonal factors. 

Read the rest of entry »

ABC and Southwire Form Strategic Partnership to Provide Safe, Innovative Electrical Solutions

Monday, February 17, 2020 9:30 AM

WASHINGTON, Feb. 17—Associated Builders and Contractors and leading electrical manufacturer Southwire, headquartered in Carrollton, Georgia, today announced a strategic partnership that will provide ABC chapters and contractor members with innovative, productive electrical solutions.  

Read the rest of entry »

Nonresidential Construction Employment Rises in January, Says ABC

Friday, February 7, 2020 10:45 AM

WASHINGTON, Feb. 7—The construction industry added 44,000 net new jobs in January, 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 142,000 jobs, an increase of 1.9%.

Read the rest of entry »

Democrat-controlled House Caves to Big Labor by Passing PRO Act, Says ABC

Thursday, February 6, 2020 9:07 PM

WASHINGTON, Feb. 6 — Associated Builders and Contractors Vice President of Legislative and Political Affairs Kristen Swearingen today issued the following statement on the passage of the deceptively named Protecting the Right to Organize Act, H.R. 2474, in the U.S. House of Representatives by a vote of 224 to 194:

Read the rest of entry »

December State Construction Unemployment Rates Down From a Year Ago, Says ABC

Wednesday, February 5, 2020 9:30 AM

WASHINGTON, Feb. 5—In December 2019, estimated not seasonally adjusted construction unemployment rates fell nationally and in 24 states, rose in 25 states and were unchanged in one state (New York) 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.

Read the rest of entry »

ABC Lauds Common-sense Regulation, Job Creation Policies in Trump’s State of the Union Speech

Tuesday, February 4, 2020 6:23 PM

WASHINGTON, Feb. 4—Associated Builders and Contractors President and Chief Executive Officer Michael D. Bellaman today issued the following statement on President Donald Trump’s State of the Union address:

Read the rest of entry »

Nonresidential Construction Falls Again in December, Says ABC

Monday, February 3, 2020 12:01 PM

WASHINGTON, Feb. 3—National nonresidential construction spending declined 1.2% in December 2019 but is up 4.4% on a year-ago basis, 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 $779.6 billion in December.

Read the rest of entry »
CORONAVIRUS RESOURCES:

ABC is here to help and provide support in any way as we navigate this crisis together. Please find ABC coronavirus resources for members as well as chapters operations: