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

ABC Celebrates Careers in Construction Month

Tuesday, October 13, 2015 9:47 AM
WASHINGTON, D.C. – Associated Builders and Contractors (ABC) is celebrating Careers in Construction
Month this October by recognizing the investment its members and chapters make each year to attract and train the construction workers of the future. ABC member firms spend $1.1 billion on workforce development and train approximately 476,000 construction industry professionals annually. Read the rest of entry »

Construction Employment Rises Despite Lackluster National Jobs Report

Friday, October 2, 2015 11:11 AM
U.S. construction industry employment edged higher in September despite a disappointing jobs report for the overall U.S. economy. The number of construction jobs expanded by 8,000 on a net basis in September, with nonresidential builders and specialty trade contractors collectively creating 6,800 of those net new jobs. The number of jobs in the heavy and civil engineering category declined by 2,200, however. Read the rest of entry »

Nonresidential Construction Spending Expands for Seventh Consecutive Month

Thursday, October 1, 2015 11:55 AM
August marked the seventh consecutive month nonresidential construction spending expanded according to an Oct. 1 release supplied by the U.S. Census Bureau. Nonresidential spending totaled $696.3 billion on a seasonally adjusted, annualized basis in August, a 0.3 percent increase from the previous month and a 12.3 percent increase from the same time last year. The Census Bureau downwardly revised July’s estimate from $696.1 billion to $694.1 billion. Read the rest of entry »

August Construction Unemployment Rates Improve in 45 States from 2014

Wednesday, September 30, 2015 9:00 AM
Nationally, the construction employment picture has continued to improve from last year. The not seasonally adjusted (NSA) construction unemployment rates for the country and 45 states were down in August on a year-over-year basis. For the first eight months of the year, construction added 113,000 seasonally adjusted (SA) jobs. At the same time, NSA jobs increased by 221,000 from August 2014 to August 2015. Read the rest of entry »

ABC’s Trimmer Foundation Awards Scholarships to Merit Shop Construction Students

Thursday, September 24, 2015 10:14 AM
Associated Builders and Contractors (ABC) announced the first 10 winners of the Build Your Future Scholarship through ABC’s Trimmer Construction Education Foundation (TCEF). The scholarships are awarded to the top 10 students attending an NCCER-accredited program or a state/federally approved apprenticeship program in a merit-shop training facility. The scholarships are funded through a pledge of $100,000 from NCCER over the next five years. Read the rest of entry »

Appeals Court Upholds Idaho Law Protecting Fair and Open Competition on Public Construction Projects

Friday, September 18, 2015 11:23 AM
Associated Builders and Contractors (ABC) and ABC’s Inland Pacific Chapter today celebrated a victory when the U.S. Court of Appeals for the 9th Circuit set aside a lower court’s decision against an Idaho law that banned government-mandated project labor agreements (PLAs) on taxpayer-funded construction projects.
Read the rest of entry »

Construction Materials Dip for Second Consecutive Month

Friday, September 11, 2015 12:06 PM
Prices for inputs to the construction industry fell 0.9 percent in August after shedding 0.1 percent in July. Inputs to nonresidential construction behaved similarly, losing 0.8 percent for the month and 4.7 percent for the year. Read the rest of entry »

Nonresidential Construction Employment Downtick No Cause for Concern

Friday, September 4, 2015 10:04 AM
Nonresidential construction employment fell by 700 jobs in August after losing 5,600 jobs in July and 800 jobs in June. Despite the recent slide, nonresidential construction employment is still up 38,800 jobs for the year. 
Read the rest of entry »

Nonresidential Construction Spending Continues to Grow Through Mid-Summer

Tuesday, September 1, 2015 11:42 AM
Nonresidential construction spending expanded 0.5 percent in July and is up 12.7 percent on a year-over-year basis, according to a Sept. 1 release by the U.S. Census Bureau. This represents the strongest year-over-year percentage growth in spending since April 2008. On a seasonally adjusted, annualized basis, nonresidential construction spending totaled $696.1 billion in July, which is the best reading since March 2009. Additionally, June’s estimate was upwardly revised 0.9 percent from $686.9 billion to $692.8 billion.
Read the rest of entry »

ABC Opposes NLRB’s Joint Employer Ruling Uprooting Decades-Old Standards

Thursday, August 27, 2015 4:26 PM
Associated Builders and Contractors (ABC) released the following statement in response to today’s National Labor Relations Board’s (NLRB) joint employer ruling in the Browning-Ferris Industries of California case. Read the rest of entry »