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 Economics

Construction Employment Falters in August

Friday, September 2, 2016 10:22 AM
WASHINGTON, D.C., Sept. 2—The U.S. construction industry lost 6,000 net jobs in August according to an analysis of U.S. Bureau of Labor Statistics (BLS) data released today by Associated Builders and Contractors (ABC). BLS also downwardly revised July’s estimate from 14,000 net new jobs to 11,000 net new jobs meaning that the construction industry has lost 25,000 net jobs since April after adding 68,000 through the first three months of 2016. Read the rest of entry »

Nonresidential Spending Inches Lower in July; June Data Upwardly Revised to Eight-year Record

Thursday, September 1, 2016 2:09 PM
WASHINGTON, D.C., Sept. 1—Nonresidential construction spending inched 0.3 percent lower in July largely due to a significant upward revision to June’s spending figure, according to analysis of U.S. Census Bureau data released today by Associated Builders and Contractors (ABC). Nonresidential spending totaled $701.4 billion on a seasonally adjusted annualized basis in July, the second highest month since November of 2008, right behind June, which was revised upward from $682 billion to $703.5 billion. Public nonresidential spending continued to falter, declining 3.2 percent for the month and 6.5 percent for the year. Read the rest of entry »

July Construction Unemployment Rate Lowest Since 2000

Friday, August 26, 2016 11:47 AM
Not seasonally adjusted (NSA) construction unemployment rates improved in 43 states and the nation on a year-over-year basis in July according to analysis released today by Associated Builders and Contractors (ABC). The national NSA construction unemployment rate of 4.5 percent was 1 percent lower than a year ago according to data from the Bureau of Labor Statistics (BLS). Further, the industry boasted its lowest July rate since 2000 when July’s rate was 4.4 percent rate. BLS data also showed that the industry employed 209,000 more people than in July 2015. Read the rest of entry »

Construction’s Contribution to Economy Increases in 30 States in 2015

Wednesday, August 17, 2016 9:00 AM
WASHINGTON, D.C., Aug. 17– The value added by the private construction industry as a percentage of gross domestic product (GDP) increased in 30 states and decreased in only six in 2015, according to a report released today by Associated Builders and Contractors (ABC). Nationally, construction’s direct contribution to GDP increased by 0.1 percent to 3.9 percent from 2014 to 2015. Read the rest of entry »

The Importance of Construction to State Economies: 2015 GDP Update

Wednesday, August 17, 2016 9:00 AM
Construction has always played a vital role in the nation’s economy despite some ups and downs. From 1999 through 2015, real (inflation-adjusted) construction investment (both residential and nonresidential) varied from 5.1 percent of real gross domestic product (GDP) in 2010 and 2011 to 9.4 percent of GDP in 1999. In 2014 and 2015, construction investment was 6 percent of GDP. Read the rest of entry »

ABC, AIA and NAHB Economists Predict Industry Growth Through 2017

Monday, August 15, 2016 3:41 PM
WASHINGTON, D.C., Aug. 15– Associated Builders and Contractors (ABC) Chief Economist Anirban Basu, American Institute of Architects (AIA) Chief Economist Kermit Baker and National Association of Home Builders (NAHB) Chief Economist Robert Dietz predicted continued growth for the construction industry in 2017 during a joint economic forecast today. Read the rest of entry »

June Construction Unemployment Rates Improve in 47 States from 2015

Monday, August 1, 2016 9:00 AM
WASHINGTON, D.C., Aug.1—June not seasonally adjusted (NSA) construction unemployment rates improved in 47 states and the nation on a year-over-year basis according to analysis released today by Associated Builders and Contractors (ABC). The national construction unemployment rate of 4.6 percent was 1.7 percent lower than a year ago according to data from the Bureau of Labor Statistics (BLS). Further, the industry boasted its lowest June rate since 2000 when it matched this June’s 4.6 percent rate. BLS data also showed that the industry employed 229,000 more people than in June 2015. Read the rest of entry »

May Construction Unemployment Rates Improve in 46 States from 2015

Tuesday, June 28, 2016 9:00 AM
WASHINGTON, D.C., June, 28—Construction unemployment rates improved in 46 states and the nation in May on a year-over-year basis according to analysis of Bureau of Labor Statistics data released today by Associated Builders and Contractors. The May national not seasonally adjusted (NSA) construction unemployment rate of 5.2 percent was 1.5 percent lower than a year ago while the industry employed 213,000 more people than in May 2015. Read the rest of entry »

Construction Backlog Reaches New High for Largest Contractors, ABC Reports

Tuesday, June 21, 2016 9:30 AM
WASHINGTON, D.C., June 21– Construction backlog among the nation’s largest contractors now stands above 12 months, a record for the series, according to Associated Builders and Contractors (ABC). The biggest firms with the greatest capacity to attract talent have been able to accept work that others have to turn away in a market that has stabilized at a comfortable level but still faces a skilled worker shortage. Read the rest of entry »

Construction Job Losses Worst Since 2013, ABC Reports

Friday, June 3, 2016 10:56 AM
WASHINGTON, D.C., June 3—The U.S. construction industry lost 15,000 net jobs in May according to an analysis of today’s U.S. Bureau of Labor Statistics report by Associated Builders and Contractors (ABC). This represents the industry’s worst month since December 2013, when payrolls also shrank by 15,000 jobs. Including April’s estimate, which was downwardly revised from 1,000 net new jobs to a loss of 5,000 net jobs, the industry has now lost jobs in two consecutive months for the first time in four years. Read the rest of entry »