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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 

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From the category archives: Construction Economic Update

Construction Economic Update

Construction Job Growth Surges in February

Friday, March 10, 2017 11:58 AM
WASHINGTON, D.C., March 10—National construction employment surged in February as the industry added 58,000 seasonally adjusted net new jobs, according to analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors (ABC). February’s data represents the best month for construction job creation since March 2007. Nonresidential construction added nearly two-thirds of net new construction jobs with 38,500 jobs added for the month. Read the rest of entry »

Nonresidential Spending Slips to Start 2017

Wednesday, March 1, 2017 1:06 PM
WASHINGTON, D.C., March 1—Nonresidential construction spending contracted during January, according to analysis of U.S. Census Bureau released today by Associated Builders and Contractors (ABC). Nonresidential spending fell 1.9 percent from December to $698.4 billion on a seasonally adjusted, annualized basis.  This represents the first month total nonresidential construction spending dipped below $700 billion since July 2016. Read the rest of entry »

Construction Input Prices Surge to Start 2017

Tuesday, February 14, 2017 10:41 AM
WASHINGTON, D.C., Feb. 14—Construction input prices collectively rose by 1 percent on a monthly basis and 3.8 percent on a year-over-year basis, according to analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. This represents the fastest year-over-year rate of materials price inflation since the beginning of 2012. Nonresidential input prices rose 0.9 percent for the month and are up 4 percent year over year. Read the rest of entry »

Construction Job Growth Rebounds in 2017

Friday, February 3, 2017 10:15 AM
WASHINGTON, D.C., Feb. 3—National construction employment started 2017 on a high note, adding 36,000 net new jobs on a seasonally adjusted basis in January, according to analysis of U.S. Bureau of Labor Statistics data released today by the Associated Builders and Contractors (ABC). The 0.5 percent increase represents the best month for construction employment growth since March of 2016. Read the rest of entry »

Nonresidential Spending Falters Slightly to End 2016

Wednesday, February 1, 2017 12:28 PM
WASHINGTON, D.C., Feb. 1—Nonresidential construction spending slipped 0.7 percent in the final month of 2016, but increased 4.6 percent over the previous year, according to analysis of  U.S. Census Bureau data released today by Associated Builders and Contractors (ABC). Nonresidential spending decreased from $713.1 billion in November to $708.2 billion in December on a seasonally adjusted, annualized basis. Read the rest of entry »

Construction Unemployment Rates Improve in 26 States Year-Over-Year

Tuesday, January 31, 2017 9:00 AM
WASHINGTON, D.C., Jan 31.—December not seasonally adjusted (NSA) construction unemployment rates were down in 26 states and the nation on a year-over-year basis, according to analysis released today by Associated Builders and Contractors (ABC). The rates for two states, Iowa and Wisconsin, were unchanged from December 2015. The national NSA construction unemployment rate of 7.4 percent was down 0.1 percent from a year ago, according to data from the U.S. Bureau of Labor Statistics (BLS). Read the rest of entry »

Nonresidential Fixed Investment Expands 2.4 Percent, but U.S. Economic Growth Slows in Fourth Quarter

Friday, January 27, 2017 12:05 PM
WASHINGTON, D.C., Jan. 27—The improved performance of the U.S. economy during last year’s third quarter gave way to a weaker period of growth in the fourth, according to analysis of U.S. Bureau of Economic Analysis data released today by Associated Builders and Contractors (ABC). Real gross domestic product (GDP) expanded 1.9 percent on a seasonally adjusted annualized rate during 2016’s final quarter, down from a 3.5 percent expansion in the third quarter. While the fourth quarter represents the 11th consecutive quarter of GDP expansion, overall GDP growth for 2016 totaled 1.6 percent, the slowest rate of
expansion since 2011. Read the rest of entry »

Overall Construction Input Prices Firm in December as Energy Prices Surge

Friday, January 13, 2017 11:11 AM
WASHINGTON, D.C., Jan. 13—Construction input prices rebounded in December after experiencing a steep decline in November, according to analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors (ABC). Input prices rose 0.4 percent for the month and are up 2.1 percent year-over-year, the largest 12-month increase in 30 months. Read the rest of entry »

Construction Lost Jobs in December

Friday, January 6, 2017 11:30 AM
WASHINGTON, D.C., Jan. 6—National construction employment declined by 3,000 net jobs on a seasonally adjusted basis in December, according to analysis of  U.S. Bureau of Labor Statistics data released today by the Associated Builders and Contractors (ABC).  Read the rest of entry »

Nonresidential Spending Thrives in Strong November Spending Report

Tuesday, January 3, 2017 12:58 PM
WASHINGTON, D.C., Jan. 3—Nonresidential construction surged in November, according to analysis of U.S. Census Bureau data released today by Associated Builders and Contractors (ABC). Nonresidential spending expanded to $712.4 billion on a seasonally adjusted, annualized rate in November, representing the highest level of spending in eight years. Read the rest of entry »
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