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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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From the category archives: Construction Economic Update

Construction Economic Update

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

Thursday, January 11, 2018 1:47 PM
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.
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ABC Chief Economist Predicts Stable 2018 Construction Economy

Wednesday, December 13, 2017 4:16 PM
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.
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Construction Jobs Numbers Rebound in November

Friday, December 8, 2017 1:15 PM
WASHINGTON, Dec. 8—The nation’s construction sector added 24,000 net new jobs in November, representing a 0.3 percent month-over-month increase, according to an Associated Builders and Contractors (ABC) analysis of Bureau of Labor Statistics data released today. 
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Construction Spending Rises in October; Flat Year-Over-Year

Friday, December 1, 2017 12:12 PM
WASHINGTON, Dec. 1 – Nonresidential construction spending rose 2.1 percent in October, totaling $717.6 billion on a seasonally adjusted basis, according to an Associated Builders and Contractors (ABC) analysis of data released by the U.S. Census Bureau. The level of spending, however, remains virtually unchanged from a year ago. 
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Construction Input Prices Flat in October; Year-over-Year Inflation Remains

Tuesday, November 14, 2017 1:55 PM
WASHINGTON, Nov. 14—Construction input prices remained unchanged on a monthly basis in October, according to analysis of today’s Bureau of Labor Statistics release by Associated Builders and Contractors (ABC). Overall construction input prices have expanded 4.3 percent year over year, while nonresidential input prices have expanded 4.1 percent since October 2016. Crude petroleum prices rose 6.6 percent for the month and are up 7.7 percent for the year. No other input manifested significant price growth in October.
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Construction Numbers Stagnant in Otherwise Positive October Jobs Report, Says ABC

Friday, November 3, 2017 11:17 AM
WASHINGTON, Nov. 3—According to an Associated Builders and Contractors (ABC) analysis of data released by the Bureau of Labor Statistics today, the nation’s construction sector added 11,000 net new jobs in October, matching the revised total from September. Nonresidential construction employment, however, experienced a net decline of 2,000 jobs. The residential sector added approximately 13,000 net new jobs.
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Construction Spending Up in September; Down on a YOY Basis

Wednesday, November 1, 2017 1:12 PM
WASHINGTON, Nov. 1Nonresidential construction spending rose 0.5 percent in September, totaling $698.1 billion on a seasonally adjusted basis, according to an Associated Builders and Contractors (ABC) analysis of data from the U.S. Census Bureau. However, nonresidential construction spending is down 2.9 percent on a year-over-year basis, with construction spending related to manufacturing down 20.3 percent since September 2016
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Construction Industry Benefits From Consecutive Quarterly GDP Gains, Says ABC

Friday, October 27, 2017 12:49 PM
WASHINGTON, Oct. 27—The U.S. economy expanded at an annual rate of 3 percent during the third quarter of 2017, according to Associated Builders and Contractors’ analysis of gross domestic product (GDP) data released today by the Bureau of Economic Analysis. “Construction firms are among the major beneficiaries of the most recent GDP report, which confirms that the U.S. economy enjoys a level of momentum not observed for several years,” said ABC Chief Economist Anirban Basu.
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Construction Input Growth Accelerates in September, says ABC

Thursday, October 12, 2017 1:03 PM
WASHINGTON, Oct. 12—Construction input prices rose yet again in September, according to an analysis by Associated Builders and Contractors (ABC) of data released today by the Bureau of Labor Statistics. Non-residential construction input prices rose 0.8 percent in September and 4.3 percent compared to this time last year. 
Overall, construction materials prices rose 0.8 percent over the previous month and 4.5 percent on a year-over-year basis, about three times as fast as overall U.S. inflation. 

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

Friday, October 6, 2017 10:07 AM
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. 
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