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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, 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. ABC 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.

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Posts Tagged 'Anirban Basu'

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ABC’s Construction Backlog Indicator Inches Lower in July

WASHINGTON, Sept. 17—Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 8.5 months in July 2019, down 0.3 months or 2.9% from June 2019 when CBI stood at 8.8 months.

ABC’s Construction Backlog Indicator Inches Lower in June

WASHINGTON, Aug. 20—Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 8.8 months in June 2019, down 0.1 months or 1.3% from May 2019, when CBI stood at 8.9 months.

Mid-year Economic Outlook for Nonresidential Construction: Expansion Continues, But Vulnerabilities Pile Up

WASHINGTON, Aug. 12—More than 10 years after the end of the most severe financial crisis since the Great Depression, the U.S. economy is again making history by entering its longest-ever expansion. Nevertheless, emerging weakness in business investment has been hinting at softening outlays, giving commercial and industrial construction contractors cause for concern, according to a mid-year economic outlook by Anirban Basu, chief economist of Associated Builders and Contractors.

Construction Input Prices Rebound in July, Says ABC

WASHINGTON, Aug. 9—Construction input prices expanded 0.8% in July but are down 0.6% 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 also increased 0.8% for the month but have declined 0.3% on a year-ago basis.

U.S. GDP Expands by 2.1% in the Second Quarter, Says ABC

WASHINGTON, July 26—The U.S. economy expanded at a 2.1% annualized rate during the second quarter of 2019 with consumer spending leading the way, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Economic Analysis. This rate of growth exceeded the consensus expectation that second quarter growth would be closer to 1.8%.

ABC’s Construction Backlog Indicator Increases Modestly in May

WASHINGTON, July 16—Associated Builders and Contractors reported today that its Construction Backlog Indicator expanded to 8.9 months in May 2019, up 0.2 months or 2.2% since April 2019, when CBI stood at 8.7 months.

Construction Job Growth Steady in June, Says ABC

WASHINGTON, July 5 – The construction industry added 21,000 net new jobs in June, 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, employment in the industry has expanded by 224,000 jobs, representing an increase of 3.1%. Nonresidential construction employment gained 14,900 net jobs in June and is up 146,700 jobs during the last 12 months. 

Nonresidential Construction Spending Slips Modestly in May, Says ABC

WASHINGTON, July 1—According to an Associated Builders and Contractors analysis of U.S. Census Bureau data published today, national nonresidential construction spending declined 0.9% in May, totaling $788.5 billion on a seasonally adjusted annualized basis and a 4.4% increase compared to the same time last year. While total public and private nonresidential spending declined 0.9% since April, public spending was up 11.2% and private spending was down 0.1% year over year.

Construction Contractors Confidence Remains Elevated in April, Says ABC

WASHINGTON, June 20—Despite ongoing concerns about skilled worker shortages and volatile materials prices, construction executives remain bullish about the prospects for the nonresidential construction sector, according to Associated Builders and Contractors’ April 2019 Construction Confidence Index released today.

Construction Contractors Confidence Remains High in March

WASHINGTON, May 23—Construction industry leaders remained upbeat with respect to nonresidential construction prospects in March 2019, according to the latest Construction Confidence Index released today by Associated Builders and Contractors.

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