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ABC's Construction Economic Update covers the latest commercial and industrial construction economic news. Delivered electronically, it provides an analysis of the monthly economic indices released by the federal government, including construction spending, employment, the producer price index and the quarterly gross domestic product.  

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For media inquiries, contact Donna Reichle at reichle@abc.org.

Posts Tagged 'Jobs'

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

Nonresidential Construction Adds Jobs Despite Disruptions; September Data Very Difficult to Interpret

WASHINGTON, Oct. 6—The national construction industry added 8,000 net new jobs on a seasonally adjusted basis in September, according to an analysis by Associated Builders and Contractors (ABC) of today’s release from the U.S. Bureau of Labor Statistics. The nonresidential sector added 11,700 jobs for the month, which means that residential construction lost several thousand jobs. Nonresidential specialty trade contractors paced the segment, adding 8,500 net new jobs on a monthly basis. 

Nonresidential Construction Job Growth Accelerates; Unemployment Falls to 4.7 Percent


WASHINGTON, Sept. 1—National construction employment rebounded in August, adding 28,000 net new jobs on a seasonally adjusted basis, according to today’s release from the U.S. Bureau of Labor Statistics. It was the best month for job gains in construction since February, according to analysis by Associated Builders and Contractors (ABC). 

U.S. Labor Market Resurgent in June; Construction Adds 16,000 Jobs

Washington, July 10--National construction employment added 16,000 net new jobs on a seasonally adjusted basis in June, according to an analysis of data from the U.S. Bureau of Labor Statistics by Associated Builders and Contractors (ABC).  Overall construction employment expanded 3.1 percent on a year-over-year basis, easily outpacing the year-over-year growth rate of 1.6 percent for all nonfarm industries.

Jobs Report Offers Reasons for Hope and Concern for Construction Industry

WASHINGTON, D.C. June 2—National construction employment added 11,000 net new jobs on a seasonally adjusted basis in May according to analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors (ABC).

Nonresidential Construction a Bright Spot in Disappointing Jobs Report, ABC Says

WASHINGTON, D.C. April 7—National construction employment remained largely unchanged in March, adding 6,000 net new jobs on a seasonally adjusted basis according to analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors (ABC). The nonresidential construction sector added 13,300 net new jobs for the month, while the residential sector lost 7,600 net jobs.

Construction Growth Modest in Jobs Report

WASHINGTON, D.C., Nov. 4—The U.S. construction industry added 11,000 net new jobs in October, according to an analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors (ABC). Industry employment increased 0.2 percent on a monthly basis and 3 percent on a yearly basis. Nonresidential construction employment added 3,300 net new jobs for the month and 56,200 net new jobs from October 2015.

Nonresidential Construction Growth on Pace with Strong July Jobs Report

WASHINGTON, D.C., Aug. 5—The U.S. construction industry has rebounded strongly, adding 14,000 net new jobs in July according to an analysis of Bureau of Labor Statistics data released today by Associated Builders and Contractors (ABC). This gain comes after the construction sector lost a combined 27,000 jobs from April to June. The construction industry’s unemployment rate inched lower in July, shedding a tenth of a percentage point to reach 4.5 percent, the industry’s lowest unemployment rate since October 2006.

Construction Job Losses Worst Since 2013, ABC Reports

WASHINGTON, D.C., June 3—The U.S. construction industry lost 15,000 net jobs in May according to an analysis of today’s U.S. Bureau of Labor Statistics report by Associated Builders and Contractors (ABC). This represents the industry’s worst month since December 2013, when payrolls also shrank by 15,000 jobs. Including April’s estimate, which was downwardly revised from 1,000 net new jobs to a loss of 5,000 net jobs, the industry has now lost jobs in two consecutive months for the first time in four years.

Nonresidential Construction Expands, Industry Unemployment Rate Plunges

WASHINGTON, D.C., May 6- The U.S. construction industry added just 1,000 net new jobs in April according to an analysis of today’s U.S. Bureau of Labor Statistics (BLS) release by Associated Builders and Contractors (ABC). Although industrywide job growth was marginal, the nonresidential construction sector added 6,600 net new jobs for the month. Revisions to the previous two months of construction data produced a net decrease of 3,000 jobs, with March’s construction employment estimate raised by 4,000 jobs but February’s downgraded by 7,000 positions.

Construction Industry Loses 20,000 Jobs in November

National construction industry employment fell by 20,000 jobs in November pushing the unemployment rate to 12.2 percent, up from 11.4 percent the previous month, according to the Dec. 7 employment report by the U.S. Department of Labor. Year-over-year, construction employment is down by 6,000 jobs, or 0.1 percent.