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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 'construction economics'

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

ABC Predicts Construction Sector Will Remain Strong in 2019

WASHINGTON, Dec. 4—Associated Builders and Contractors Chief Economist Anirban Basu forecasts another strong year for construction sector performance, yet warns about inflationary pressures, according to a 2019 economic outlook published today in Construction Executive magazine.

Nonresidential Fixed Investment Returns to Earth in Q3, Says ABC

WASHINGTON, Oct. 26—The U.S. economy expanded at a 3.5 percent annualized rate during the third quarter of 2018, according to an Associated Builders and Contractors analysis of U.S. Bureau of Economic Analysis data released today. This represents the first time there have been two consecutive quarters of 3 percent-plus growth since the beginning of 2015.

Construction Material Prices Rebound in September, Says ABC

WASHINGTON, Oct. 10—Prices for inputs to construction rose 0.3 percent in September and are 7.4 percent higher than a year ago, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data released today. Overall prices for nonresidential construction inputs rose 0.4 percent, reversing last month’s downward trend. Among individual subcategories, softwood lumber prices are down 0.4 percent, yet are up 5.4 percent on a year-over-year basis. Crude petroleum and natural gas prices are both up on a monthly basis, 8.7 and 1.1 percent, respectively. 

Construction Industry Adds 23,000 Jobs in September, Says ABC

WASHINGTON, Oct. 5—The U.S. construction industry added 23,000 net new positions in September, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics.

ABC Predicts Stable Nonresidential Construction Sector for Remainder of Year

WASHINGTON, July 16—Associated Builders and Contractors Chief Economist Anirban Basu predicts the nonresidential construction sector will remain stable for the second half of 2018, yet warns of a potential economic downturn in 2020, according to a recent mid-year economic outlook published in Construction Executivemagazine.

Construction Input Prices Inch Down in December, Up YOY Despite Low Inflation, ABC Says

WASHINGTON, Jan. 11—Overall construction input prices declined 0.1 percent in December, yet despite the lack of inflation for the month, prices are up 5 percent on a year-over-year basis, according to an Associated Builders and Contractors (ABC) analysis of  Bureau of Labor Statistics data released today.  Nonresidential construction materials prices also declined 0.1 percent for the month and are up 4.8 percent from the same time one year ago. 

Nonresidential Construction Employment Ends 2017 on a High Note, Says ABC

WASHINGTON, Jan. 5—The nonresidential construction sector added 11,800 net new jobs in December, representing nearly 10 percent of the nation’s jobs created during the month, according to an Associated Builders and Contractors (ABC) analysis of data released today by the Bureau of Labor Statistics. The nation’s overall construction sector added 30,000 net new jobs in December, a 0.4 percent month-over-month increase.

Nonresidential Construction Spending Ticks Higher in November, Down Year-Over-Year, ABC Says

WASHINGTON, Jan. 3—Nonresidential construction spending expanded 0.6 percent in November, totaling $719.2 billion on a seasonally adjusted basis, according to an Associated Builders and Contractors (ABC) analysis of data released today by the U.S. Census Bureau. Despite the month-over-month expansion, nonresidential spending fell 1.3 percent from November 2016. 

Construction Unemployment Rates Improve in 36 States as Nation Posts Lowest November Rate on Record, Says ABC

WASHINGTON, Jan. 3—The not seasonally adjusted (NSA) national construction unemployment rate was 5 percent in November, down 0.7 percent from a year ago and the lowest November rate on record, according to an analysis of U.S. Bureau of Labor Statistics (BLS) data released today by Associated Builders and Contractors (ABC). The construction industry employed 191,000 more workers than in November 2016.

ABC Chief Economist Predicts Stable 2018 Construction Economy

WASHINGTON, Dec. 13—Associated Builders and Contractors (ABC) Chief Economist Anirban Basu predicts stability for the construction industry’s economy and expanding nonresidential construction spending in 2018. While construction project backlog and contractor confidence remain high heading into the new year, Basu warns there are risks to the 2018 outlook as a number of potential cost increases could come into play.