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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

Construction Input Prices Plummet in November

Wednesday, December 14, 2016 10:07 AM
Construction input prices experienced their most rapid monthly decline since February 2016 in November, falling 0.5 percent according to the U.S. Bureau of Labor Statistics. Despite the month-over-month fall, input prices are up by 0.5 percent on a yearly basis for the second consecutive month. 
Read the rest of entry »

Construction Input Prices Remain Flat in October

Wednesday, November 16, 2016 12:23 PM
WASHINGTON, D.C., Nov. 16—Construction input prices remained unchanged in October and are just 0.5 percent above where they were a year ago, according to analysis of the U.S. Bureau of Labor Statistics Producer Price Index released today by Associated Builders and Contractors (ABC). Despite the modest increase in the aggregate input price level, today’s report represents the largest year-over-year price increase since November 2014. Generally, construction input prices, particularly natural gas and crude petroleum, have headed lower since the summer of 2014. However, that pattern of falling prices no longer holds. Crude petroleum prices were up 10.5 percent on a year-over-year basis in October while natural gas prices were up 12.2 percent. Read the rest of entry »

Nonresidential Fixed Investment Expands Again During Solid Third Quarter, ABC Says

Friday, October 28, 2016 12:05 PM
WASHINGTON, D.C., Oct. 28—Real gross domestic product (GDP) expanded 2.9 percent on a seasonally adjusted annualized rate during the third quarter of 2016, according to an analysis of Bureau of Economic Analysis data released today by Associated Builders and Contractors (ABC). This follows a 1.4 percent increase during the second quarter and represents the tenth consecutive quarter of economic expansion. Read the rest of entry »

Construction Input Prices Stable in July

Friday, August 12, 2016 10:53 AM
WASHINGTON, D.C., Aug. 12—Nonresidential construction input prices were unchanged in July according to an analysis of the Bureau of Labor Statistics Producer Price Index released today by Associated Builders and Contractors. Input prices for both the nonresidential construction segment and construction as a whole are 2.3 percent lower than they were a year ago. Read the rest of entry »

Nonresidential Construction Growth on Pace with Strong July Jobs Report

Friday, August 5, 2016 10:18 AM
WASHINGTON, D.C., Aug. 5—The U.S. construction industry has rebounded strongly, adding 14,000 net new jobs in July according to an analysis of Bureau of Labor Statistics data released today by Associated Builders and Contractors (ABC). This gain comes after the construction sector lost a combined 27,000 jobs from April to June. The construction industry’s unemployment rate inched lower in July, shedding a tenth of a percentage point to reach 4.5 percent, the industry’s lowest unemployment rate since October 2006. Read the rest of entry »

Nonresidential Construction Spending Down Again in June, First Annual Decline Since 2013

Monday, August 1, 2016 12:15 PM
WASHINGTON, D.C., Aug. 1—Nonresidential construction spending dipped 1 percent in June and has now contracted for three consecutive months according to analysis of U.S. Census Bureau data released today by Associated Builders and Contractors (ABC). Nonresidential spending, which totaled $682 billion on a seasonally adjusted, annualized rate, has fallen 1.1 percent on a year-over-year basis, marking the first time nonresidential spending has declined on an annual basis since July 2013. Read the rest of entry »

Output Expands, but Nonresidential Fixed Investment Falters As Economic Malaise Continues

Friday, July 29, 2016 10:59 AM
WASHINGTON, D.C., July 29—Real gross domestic product (GDP) expanded 1.2 percent (seasonally adjusted annual rate) during 2016’s second quarter according to an analysis of Bureau of Economic Analysis data released today by Associated Builders and Contractors (ABC). This modest figure follows a 0.8 percent annualized rate of output growth registered during the year’s first quarter. Read the rest of entry »

Construction Input Prices Continue Ascent, Could Pressure Margins

Thursday, July 14, 2016 10:31 AM
WASHINGTON, D.C., July 14—Construction input prices expanded in June, rising 1.1 percent on a monthly basis according to an analysis of the Bureau of Labor Statistics Producer Price Index released today by Associated Builders and Contractors (ABC). Today’s report marks the fourth consecutive month that input prices have expanded following eight straight months of decline. Read the rest of entry »

Construction Labor Force Shrinks, Job Numbers Flat

Friday, July 8, 2016 10:24 AM
WASHINGTON, D.C., July 8—Despite a broader U.S. labor market rebound in June, the construction industry failed to add jobs for a third consecutive month, according to an analysis of today’s U.S. Bureau of Labor Statistics report by Associated Builders and Contractors (ABC). The construction industry’s employment level remained essentially unchanged in June.   Read the rest of entry »

Nonresidential Construction Spending Stalls in May, Falls to Lowest Level in 2016

Friday, July 1, 2016 11:30 AM
WASHINGTON, D.C., July 1—Nonresidential construction spending dipped 1.3 percent in May according to analysis of U.S. Census Bureau data released today by Associated Builders and Contractors (ABC). Nonresidential spending, which totaled $684.9 billion on a seasonally adjusted, annualized rate, has expanded 1.2 percent since May 2015. Read the rest of entry »
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