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 2022 and this schedule for 2023 

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News Releases

From category archives: News Releases

News Releases 2015

Construction Industry Pushes Back Against Misrepresentation of Welders’ Income

Friday, November 13, 2015 1:20 PM
WASHINGTON, D.C., Nov. 12 – Associated Builders and Contractors (ABC), Construction Labor Market Analyzer (CLMA) and NCCER today pushed back against media reports this week that have misrepresented the income of welders in commercial and industrial construction. Read the rest of entry »

Construction Material Prices Fall Further in October

Friday, November 13, 2015 12:01 PM
WASHINGTON, D.C., Nov. 13- The Producer Price Index for inputs to construction industries declined for a fourth consecutive month in October, according to an analysis of the Bureau of Labor Statistics data released today by Associated Builders and Contractors (ABC). The index stands at its lowest level since the first quarter of 2011 as prices for construction inputs declined 0.2 percent on a monthly basis and 4.6 percent on a year-ago basis. Nonresidential construction input prices exhibit a similar pattern, falling 0.3 percent since last month and 5.1 percent over the past twelve months. Nine of 11 key input prices are down on a year-over-year basis.
Read the rest of entry »

Construction’s Percentage Job Gains Lead All Economic Sectors in October

Friday, November 6, 2015 11:23 AM
WASHINGTON, D.C., Nov. 6—The U.S. construction industry added more jobs in October than during the previous four months combined, according to an analysis of Bureau of Labor Statistics data released today by Associated Builders and Contractors (ABC). Construction employment expanded by 31,000 net new jobs last month after adding 12,000 jobs in September (revised upward from 8,000). Nonresidential construction employment increased by 20,100 jobs in October after adding 11,100 jobs in September (revised upward from 6,800). Read the rest of entry »

Sen. Marco Rubio Addresses ABC Member Concerns

Wednesday, November 4, 2015 6:15 PM
WASHINGTON, D.C., Nov. 4 – Presidential candidate Sen. Marco Rubio (R-Fla.) addressed and responded to questions from members of a coalition of major nationwide business groups in a TeleForum this evening. Rubio answered questions from members of the Associated Builders and Contractors, the Associated General Contractors, the Business-Industry Political Action Committee, the National Association of Manufacturers, the National Federation of Independent Business and the National Retail Federation. Read the rest of entry »

ABC, AIA & NAHB Economists Predict Residential & Nonresidential Construction Growth in 2016

Tuesday, November 3, 2015 3:10 PM
WASHINGTON, D.C., Nov. 3 – 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 David Crowe predicted continued construction industry growth in 2016 today during a joint economic forecast  web conference. Read the rest of entry »

September’s Nonresidential Spending Slip No Cause for Concern, ABC Says

Monday, November 2, 2015 1:16 PM
WASHINGTON, D.C., Nov. 2—Nonresidential construction spending fell in September for the first time in eight months, the U.S. Census Bureau reported today, but the monthly drop in spending is not a cause for concern according to analysis by Associated Builders and Contractors (ABC). Nonresidential construction spending fell by 0.1 percent from August, totaling $692.8 billion on a seasonally adjusted annualized basis. Read the rest of entry »

September Construction Unemployment Rates Improve in 48 States from 2014

Friday, October 30, 2015 9:00 AM
September proved to be a good month for construction unemployment rates. The not seasonally adjusted (NSA) construction unemployment rates for the country and 48 states were down in September on a year-over-year basis. For the first three quarters of the year, construction added 121,000 seasonally adjusted (SA) jobs. At the same time, NSA jobs increased by 199,000 from September 2014 to September 2015. Read the rest of entry »

Economic Growth Stronger than Headline GDP Figure Suggests

Thursday, October 29, 2015 12:25 PM
WASHINGTON, D.C.—In a sign of continued recovery for the  U.S. economy, both real gross domestic product (GDP) and nonresidential fixed investment expanded during the third quarter, according to an analysis by Associated Builders and Contractors (ABC) of today’s  release from the Bureau of Economic Analysis. GDP expanded 1.5 percent (seasonally adjusted annual rate) during the third quarter while nonresidential fixed investment expanded by 2.1 percent during that period, both
building on positive results from the previous quarter. Read the rest of entry »

ABC Announces Young Professional of the Year Finalists

Thursday, October 22, 2015 8:00 AM
WASHINGTON, D.C. – Associated Builders and Contractors (ABC) continued its celebration of Careers in Construction Month today by announcing three finalists for its first Young Professional of the Year Award. Finalists were chosen based on their career achievement, leadership and vision for future industry enhancement from a field of more than 100 nominations representing 47 ABC chapters and more than 80 member companies. Read the rest of entry »

Construction Material Prices Plunge in September

Wednesday, October 14, 2015 11:11 AM
Prices for inputs to construction industries plunged 1.6 percent in September after shedding 0.9 percent in August, the Bureau of Labor Statistics reported today. Year-over-year prices were down 5.3 percent for the month, the largest yearly decrease since October of 2009. Inputs to nonresidential construction prices also declined, losing 1.6 percent for the month and 6 percent for the year. Only three of the 11 key input prices expanded on a monthly basis in September, while six experienced double-digit year-over-year declines, according to analysis by Associated Builders and Contractors. Read the rest of entry »