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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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Posts Tagged 'associated builders and contractors'

We are pleased to present below all posts tagged with 'associated builders and contractors'. If you still can't find what you are looking for, try using the search box.

U.S. Economy Expands at 33.1% annual rate in Q3 of 2020, says ABC

WASHINGTON, Oct. 29—The U.S. economy expanded at an annualized rate of 33.1% during the third quarter of 2020, helping to offset a significant share of the economic loss sustained during the second quarter, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Economic Analysis. Increases in personal consumption expenditures, private inventory investment and exports drove the partial rebound.

Monthly Construction Input Prices Rise in September, Says ABC

WASHINGTON, Oct. 14—Construction input prices increased 1.6% in September compared to the previous month, according to an Associated Builders and Contractors analysis of Producer Price Index data released today by the U.S. Bureau of Labor Statistics. Nonresidential construction input prices rose 1.4% for the month.

Nonresidential Construction Employment Expands in September, Says ABC

WASHINGTON, Oct. 2—The construction industry added 26,000 jobs on net in September, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. During the last five months, the industry has added 689,000 jobs, recovering approximately 64% of the jobs lost since the start of the pandemic.

ABC’s Construction Backlog Indicator Rebounds in August; Contractor Optimism Builds

WASHINGTON, Sept. 15—Associated Builders and Contractors reported today that its Construction Backlog Indicator rebounded to 8.0 months in August, an increase of 0.2 months from July’s reading, according to an ABC member survey conducted Aug. 20-Sept. 1. The August backlog is a half-month lower than in August 2019.

Monthly Construction Input Prices Rise in August, Says ABC

WASHINGTON, Sept. 10—Construction input prices expanded 0.6% in August over the previous month, 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 increased 0.3% for the month.

Construction Employment Continues to Recover in August, Says ABC

WASHINGTON, Sept. 4—Construction industry employment expanded by 16,000 jobs on net in August, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Over the last four months, the industry added 658,000 jobs, recovering approximately 61% of the jobs lost during March and April.

ABC Honors Student Winners of 2020 Construction Management Competition

WASHINGTON, Aug. 19—Twenty-six teams of undergraduate students from colleges and universities nationwide put their construction project leadership skills to the test during Associated Builders and Contractors’ annual Construction Management Competition, held virtually for the first time this week. The four-person teams, which were assigned to complete the same construction management project, received awards in five categories.

Monthly Construction Input Prices Rise Again in July, Says ABC

WASHINGTON, Aug. 11—Construction input prices rose 1.9% in July over the previous month, 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 rose 1.8% for the month.

ABC’s Construction Backlog Indicator Down in July; Contractor Optimism Falls

WASHINGTON, Aug. 11—Associated Builders and Contractors reported today that its Construction Backlog Indicator declined to 7.8 months in July, a decrease of 0.3 months from the June reading, according to an ABC member survey conducted from July 20 to Aug. 5. Backlog is a full month lower than in July 2019.

Nonresidential Construction Employment Falls in July Due to Project Cancellations and Postponements, Says ABC

WASHINGTON, Aug. 7—The construction industry added 20,000 jobs on net in July, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. During the last three months, the industry has added 639,000 jobs, recovering roughly 59% of the jobs lost since the start of the pandemic-induced recession.

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