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, job openings, GDP and the Producer Price Index. 

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 

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From category archives: News Releases

Construction Economic Update

Nonresidential Construction Employment Declines in May

Friday, June 6, 2014 10:59 AM
The U.S. construction industry only gained 6,000 jobs in May, according to the June 6 employment report by the U.S. Department of Labor (DOL). Nonresidential construction segments lost 500 jobs in May, a surprising departure from the 12,600 jobs (revised) added in April. The residential sector performed slightly better, adding 3,300 jobs for the month. The heavy and civil engineering sector added 3,200 jobs in May and has added an impressive 32,600 jobs in the past 12 months.
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Nonresidential Construction Spending Expands in April

Monday, June 2, 2014 2:18 PM
Nonresidential construction spending inched up in April and has now expanded for two consecutive months, according to the June 2 release by the U.S. Census Bureau. Nonresidential construction spending expanded by 0.4 percent on a monthly basis in April and has risen 3.9 percent on a year-over-year basis. Spending for the month totaled $570.6 billion on a seasonally adjusted, annualized basis.
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Construction Materials Prices Remain Stable in November

Friday, December 13, 2013 11:17 AM
Overall, construction materials prices fell 0.5 percent in November and are up only 1.1 percent year over year, according to the Department of Labor’s Dec. 13 Producer Price Index.  Nonresidential construction materials are down 0.6 percent for the month and are 0.7 percent lower than the same time last year. 
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Nonresidential Construction Continues to Gain Jobs in November

Friday, December 6, 2013 12:56 PM
National construction employment expanded by 17,000 jobs in November, according to a Dec. 6 report by the U.S. Department of Labor. Nonresidential construction added 7,700 positions on a monthly basis, contributing nearly half (45.2 percent) of the overall gain in construction employment. 
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Nonresidential Construction Spending Inches Higher

Tuesday, December 3, 2013 12:28 PM
Nonresidential construction spending increased 1.6 percent on a monthly basis in October after declining 1.3 percent in September, according to the Dec. 2 release by the U.S. Census Bureau. (This release contained two months of data because of the federal government shutdown.) On a year-over-year basis, nonresidential construction spending is down 0.7 percent through October. Spending totaled $575.563 billion for the month on a seasonally adjusted, annualized basis.
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Construction Materials Prices Fall Slightly in October

Thursday, November 21, 2013 12:54 PM
Construction materials prices fell 0.2 percent in October and are down 0.3 percent year over year, according to the Nov. 21 Producer Price Index released by the Department of Labor. Nonresidential construction materials are down 0.5 percent for the month and are unchanged from the same time one year ago. 
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Construction Employment Extends Winning Streak in October

Friday, November 8, 2013 1:03 PM
National construction employment expanded by 11,000 jobs in September, according to the U.S. Department of Labor’s Nov. 8 jobs report. Nonresidential construction employment gained 6,400 positions. The national construction unemployment rate stood at 9 percent in October on a non-seasonally adjusted basis, down from 8.5 percent in September and 11.4 percent at the same time last year.
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Third Quarter Nonresidential Fixed Investment in Structures Rises 12.3 Percent

Thursday, November 7, 2013 12:45 PM
Fixed investment in nonresidential structures and intellectual property grew 12.3 percent and 2.2 percent, respectively, in the third quarter, according to the U.S. Commerce Department’s Nov. 7 report on gross domestic product (GDP). However, the growth was tempered by a 3.3 percent decline in fixed investment in nonresidential equipment.
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Construction Materials Prices Remain Flat in September

Tuesday, October 29, 2013 1:00 PM
Construction materials prices rose only 0.1 percent in September and are up just 0.6 percent year over year, according to the Oct. 29 Producer Price Index release by the Department of Labor.  Nonresidential construction materials were unchanged for the month and are 0.1 percent higher than one year ago.
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Nonresidential Construction Spending Posts Modest Gains in August

Tuesday, October 22, 2013 5:08 PM
Nonresidential construction spending grew 0.2 percent in August and is up 1.3 percent on an annual basis, according to the Oct. 22 release by the U.S. Census Bureau. August spending totaled $568.6 billion, on a seasonally adjusted, annualized basis.
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