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. 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 Erika Walter, ABC’s director of media relations at ewalter@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 category archives: Construction Economic Update

Construction Economic Update

Nonresidential Construction Spending Declines in November, Says ABC

Monday, January 4, 2021 11:49 AM

National nonresidential construction spending fell 0.6% in November 2020, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, spending totaled $792.5 billion for the month.

Read the rest of entry »

ABC's 2021 Construction Economic Forecast: Recovery Shape Forms a 'W,' Recession Threat Remains

Tuesday, December 15, 2020 1:13 PM

Associated Builders and Contractors' Chief Economist Anirban Basu forecasts a recession threat for the construction sector next year, but has illuminated some potential economic bright spots, such as e-commerce and Class B office space, according to a 2021 economic outlook published in Construction Executive magazine.

Read the rest of entry »

Monthly Construction Input Prices Decreased in November, Says ABC

Friday, December 11, 2020 10:07 AM

WASHINGTON, Dec. 11—Construction input prices fell 0.5% in November compared to 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 fell 0.4% for the month.

Read the rest of entry »

ABC’s Construction Backlog Plunges in November; Contractor Optimism Falters

Tuesday, December 8, 2020 12:00 PM

WASHINGTON, Dec. 8—Associated Builders and Contractors reported today that its Construction Backlog Indicator declined to 7.2 months in November, a decrease of 0.5 months from October’s reading, according to an ABC member survey conducted from Nov. 20 to Dec. 2. Backlog is 1.7 months lower than in November 2019.

Read the rest of entry »

Nonresidential Construction Employment Expands in November, Says ABC

Friday, December 4, 2020 3:25 PM

WASHINGTON, Dec. 4—The construction industry added 27,000 net new jobs in November, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. During the last seven months, the industry has added 804,000 jobs, recovering 74% of the losses incurred during earlier stages of the pandemic.

Read the rest of entry »

Construction Unemployment Rates Down in 20 States, Showing Regional Improvements in Jobs Numbers, Says ABC

Thursday, December 3, 2020 12:33 PM

WASHINGTON, Dec. 3—Like most of the economy, construction, and therefore construction employment, was hit hard by the spread of COVID-19 and measures to limit the pandemic. However, construction performed better than many other occupational groups and has been relatively quick to rebound, though not back to its pre-COVID-19 levels, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors.

Read the rest of entry »

Monthly Construction Input Prices Remain Stable in October, Says ABC

Friday, November 13, 2020 9:45 AM

WASHINGTON, Nov. 13—Construction input prices remained virtually unchanged in October compared to 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 also remained unchanged for the month.

Read the rest of entry »

Nonresidential Construction Employment Expands in October, Says ABC

Friday, November 6, 2020 9:56 AM

WASHINGTON, Nov. 6—The construction industry added 84,000 net new jobs in October, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. During the last six months, the industry has added 789,000 jobs, recovering 73% of the jobs lost during earlier stages of the pandemic.

Read the rest of entry »

Nonresidential Construction Falls in November, Says ABC

Friday, January 3, 2020 11:37 AM

WASHINGTON, Jan. 3—National nonresidential construction spending declined 0.3% in November but is up 5.1% year over year, 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 $781.1 billion, 1.8% lower than the cyclical peak in April 2019.

Read the rest of entry »

Construction Input Prices Rebound in July, Says ABC

Friday, August 9, 2019 10:13 AM

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.

Read the rest of entry »
Pages: Previous1234567...15NextReturn Top
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: