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 

For media inquiries, please contact Erika Walter, ABC’s director of media relations at [email protected] or (202)905-2104 

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From category archives: News Releases

Construction Economic Update

Nation’s Construction Industry Adds 30,000 Jobs in December

Friday, January 4, 2013 11:44 AM
The nation’s construction industry gained 30,000 jobs in December despite an overall increase in the industry unemployment rate, according to the Jan. 4 employment report by the U.S. Labor Department. That is the fastest pace of construction employment growth since February 2011.  
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Nonresidential Construction Spending Slips 0.6 Percent in November

Wednesday, January 2, 2013 12:16 PM
Despite a pent-up demand for construction activity, the nation’s nonresidential construction spending slipped 0.6 percent in November, with outlays decreasing to a seasonally adjusted annual rate of $564.1 billion, according to the Jan. 2 report by the U.S. Census Bureau. Year-over-year, total nonresidential construction spending is up 2.9 percent.
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Construction Materials Prices Fall 1.1 Percent in November

Thursday, December 13, 2012 2:06 PM
In a sign of a weak global economy, the nation’s construction materials prices fell 1.1 percent in November—the largest monthly decrease since February 2009—according to the producer price index report by the U.S. Department of Labor. However, prices are 1 percent higher than the same time last year. Read the rest of entry »

Construction Industry Loses 20,000 Jobs in November

Friday, December 7, 2012 11:29 AM
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.
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ABC Predicts Moderate Construction Recovery Will Continue In 2013

Tuesday, December 4, 2012 9:44 AM
WASHINGTON, D.C. – Associated Builders and Contractors (ABC) today released its 2013 economic forecast for the U.S. commercial and industrial construction industry, and it shows the continuation of a modest recovery for nonresidential construction next year.
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Nonresidential Construction Spending Rises 0.5 Percent in October

Monday, December 3, 2012 12:19 PM
The nation’s nonresidential construction industry experienced a modest gain in October as spending increased 0.5 percent to $571.3 billion, according to the Dec. 3 report by the U.S. Census Bureau. Total nonresidential construction spending–which includes both private and public projects–is up 5.1 percent compared to one year ago.  
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Construction Materials Prices Decrease 0.4 Percent in October

Wednesday, November 14, 2012 11:39 AM
The nation’s construction materials prices fell for the first time in three months, slipping 0.4 percent in October, according to the U.S. Labor Department’s producer price index (PPI). However, materials prices remain 2 percent higher than one year ago. Nonresidential construction materials prices decreased 0.5 percent for the month, but were 1.8 percent higher on a year-over-year basis.
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Nonresidential Construction Spending Down 0.4 Percent in September

Thursday, November 1, 2012 1:44 PM
Despite a flurry of activity in residential construction spending, nonresidential construction spending decreased 0.4 percent in September, with outlays falling to a seasonally adjusted annual rate of $559.4 billion, according to the Nov. 1 construction spending report by the U.S. Commerce Department. Year-over-year, total nonresidential construction spending is up 2.6 percent, slightly higher than inflation.
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Construction Unemployment Rises to 11.9 Percent in September

Friday, October 5, 2012 1:39 PM
In a sign the nation’s construction industry continues to struggle, the construction unemployment rate rose to 11.9 percent in September, up from 11.3 percent in August, according to the Labor Department’s Oct. 5 employment report. However, the construction unemployment rate is down from 13.3 percent the same time last year. Read the rest of entry »

Construction Spending Declines Second Month in Row; Down 0.6 Percent in August

Monday, October 1, 2012 9:40 PM
Construction spending has fallen for the second consecutive month, dipping 0.6 percent in August, according to the U.S. Census Bureau. However, spending is up 6.5 percent from one year ago.  Read the rest of entry »