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 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 2023 

 

From category archives: News Releases

News Releases 2019

New OSHA COVID-19 Recordability Guidance Provides Necessary Clarification for Contractors, Says ABC

Monday, April 13, 2020 11:00 AM

WASHINGTON, April 13—Associated Builders and Contractors Vice President of Health, Safety, Environment and Workforce Development Greg Sizemore today issued the following statement on the release of Occupational Safety and Health Administration’s April 10 guidance on recording cases of COVID-19:

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ABC’s Greg Sizemore Appointed Vice Chair, Construction Industry Alliance for Suicide Prevention

Wednesday, December 18, 2019 11:42 AM

WASHINGTON, Dec. 18—Associated Builders and Contractors announced today that Greg Sizemore, the association’s vice president of health, safety, environment and workforce development, has been appointed vice chair of the Construction Industry Alliance for Suicide Prevention. In this role, Sizemore will help support the alliance’s mission to address suicide prevention as a construction health and safety priority and reach a zero-suicide industry.

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Construction Input Prices Down in November, Says ABC

Thursday, December 12, 2019 10:04 AM

WASHINGTON, Dec. 12—Construction input prices decreased 0.5% in November and are down 1.1% year over year, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices decreased 0.4% for the month and are down 1.0% since November 2018.  

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Florida Tops ABC’s Annual Merit Shop Scorecard State Ranking for Second Year in a Row

Monday, December 9, 2019 10:03 AM

WASHINGTON, Dec. 9—Associated Builders and Contractors released its 2019 Merit Shop Scorecard today, an annual ranking based on state policies and programs that encourage workforce development, career and technical education, job growth, and promote fair and open competition for taxpayer-funded construction projects.

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Nonresidential Construction Employment Rises in November, Says ABC

Friday, December 6, 2019 10:19 AM

WASHINGTON, Dec. 6—The construction industry added 1,000 net new jobs in November, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has expanded by 146,000 jobs, an increase of 2.0%. 

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ABC’s 2020 Construction Economic Forecast: Momentum Persists, Despite Uncertainties

Wednesday, December 4, 2019 12:39 PM

WASHINGTON, Dec. 4—Associated Builders and Contractors Chief Economist Anirban Basu forecasts continued momentum for the construction sector next year but advised an overall “wait-and-see” approach based on leading and lagging indicators and economic uncertainties, according to a 2020 economic outlook published in Construction Executive magazine.

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October Construction Unemployment Rates Rise From a Year Ago, Says ABC

Tuesday, December 3, 2019 9:30 AM

WASHINGTON, Dec. 3—In October, estimated not seasonally adjusted construction unemployment rates increased nationally and in 34 states, fell in 13 states and were unchanged in three states on a year-over-year basis, according to an analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors.

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Nonresidential Construction Spending Falls in October, Says ABC

Monday, December 2, 2019 12:53 PM

WASHINGTON, Dec. 2—National nonresidential construction spending fell 0.7% in October but is up 1.4% compared to the same time last year, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, spending totaled $776.5 billion, 2.3% lower than the cyclical peak attained in April 2019.

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Construction Input Prices Unchanged in October, Says ABC

Thursday, November 14, 2019 10:57 AM

WASHINGTON, Nov. 14 – Construction input prices remained unchanged on a monthly basis in October but are down 2.2% year-over-year, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices fell 0.1% for the month and are down 2.0% compared to the same time last year.

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ABC Elects 2020 National Chair, Executive Committee

Wednesday, November 13, 2019 11:17 AM

SAN ANTONIO, Nov. 13―Associated Builders and Contractors’ Board of Directors elected Tim Keating, owner and president, R. C. Stevens Construction Co., to serve as the 2020 ABC national chair during the association’s annual Leadership Institute in San Antonio. Steve Klessig, vice president of architecture and engineering, Keller Inc., was elected chair-elect and Stephanie Schmidt, president, Poole Anderson Construction, was elected secretary. 

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