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 here. ABC construction economic releases are published according to this schedule for 2023.  

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From category archives: News Releases

News Releases 2014

Nonresidential Construction Spending Inches Higher

Tuesday, April 1, 2014 3:41 PM
The U.S. Census Bureau announced today that nonresidential construction spending increased 0.6 percent in February and has risen 6.1 percent since February 2013. The gains follow nonresidential construction spending declines in both January and December. Spending for the month totaled $580.5 billion on a seasonally adjusted, annualized basis.

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In: News Releases 2014, Construction Spending, Construction Economics |

ABC and CNA to Focus on Key Safety Themes During 3rd Year of Strategic Partnership

Wednesday, March 19, 2014 2:30 PM
Associated Builders and Contractors (ABC) and CNA today announced that during their third year as strategic partners, the groups will collaborate on driving the construction industry toward world class safety by targeting specific safety issues each quarter. Their outreach and education efforts will include webinars and CNA safety resources for ABC members to use to promote workplace safety industry-wide. 
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In: News Releases 2014, Workforce and Safety |

Construction Materials Prices Expand Again in February

Friday, March 14, 2014 12:52 PM
Construction materials prices expanded 0.7 percent in February and are up 0.6 percent over the past year, according to the March 14 producer price index release by the Department of Labor.  More specifically, nonresidential construction materials prices are up 0.7 percent for the month and are 0.4 percent higher than the same time one year ago. 
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In: News Releases 2014, Construction Economics, Materials Prices |

Tim C. Walton of Cianbro Named ABC Ambassador to Merit Canada

Friday, March 14, 2014 10:22 AM
Associated Builders and Contractors (ABC) today announced that Tim C. Walton, director of external affairs and public policy at CIANBRO, Pittsfield, Maine, will serve as ABC’s ambassador to Merit Canada. The position will directly support and promote the efforts of the CAN-AM Merit Alliance, formed between ABC and Merit Canada to further promote free enterprise and the merit shop philosophy, under which construction contracts are awarded to construction companies based on merit. Read the rest of entry »
In: News Releases 2014, People and Awards |

Associated Builders and Contractors Criticizes President’s Directive to Change Overtime Pay

Thursday, March 13, 2014 2:48 PM
Associated Builders and Contractors today issued the following statement in response to President Barack Obama’s executive order proposing changes to federal overtime rules
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In: News Releases 2014, Politics and Policy |

ABC and National Black Chamber of Commerce Form Alliance to Promote Government Neutrality in Contracting

Monday, March 10, 2014 12:19 PM
Associated Builders and Contractors (ABC) and the National Black Chamber of Commerce (NBCC) signed a joint resolution March 7, expressing a commitment to promoting fair and open competition on taxpayer-funded construction contracts. 
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In: News Releases 2014, Politics and Policy |

Nonresidential Construction Gains a Handful of Jobs in February

Friday, March 7, 2014 2:45 PM
The U.S. nonresidential construction industry gained just 400 jobs in February, according to the March 7 employment report by the U.S. Department of Labor’s Bureau of Labor Statistics (BLS). The construction industry as a whole added only 15,000 jobs for the month, with the vast majority of new jobs coming from residential construction. The construction unemployment rate expanded to 12.8 percent in February from 12.3 percent in January (non-seasonally adjusted). 
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In: News Releases 2014, Employment, Construction Economics |

Nonresidential Construction Spending Still Frozen in January

Monday, March 3, 2014 1:19 PM
Nonresidential construction spending declined for the second consecutive month, falling 0.3 percent in January, but is up 6.5 percent over the past year, according to a March 3 release by the U.S. Census Bureau. Spending for the month totaled $578.7 billion on a seasonally adjusted, annualized basis.
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In: News Releases 2014, Construction Spending, Construction Economics |

Construction Materials More Volatile in January

Wednesday, February 19, 2014 11:21 AM
Construction materials prices expanded 0.6 percent in January and are up 1.5 percent year over year, according to the Feb. 19 producer price index released by the Department of Labor.  More specifically, nonresidential construction materials prices are up 0.5 percent for the month and are 1 percent higher than the same time one year ago. Read the rest of entry »
In: News Releases 2014, Construction Economics, Materials Prices |

Construction Associations Partner in Support of the Merit Shop Philosophy

Tuesday, February 18, 2014 2:02 PM
Associated Builders and Contractors (ABC) and Merit Canada Feb. 13 signed a joint resolution outlining their partnership agreement and commitment to free enterprise and the merit shop philosophy, under which construction contracts are awarded to construction companies based on merit.
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In: News Releases 2014, Politics and Policy, People and Awards, Workforce and Safety |
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