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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, GDP and the Producer Price Index, as well as state-by-state construction unemployment estimates.

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 



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News Releases

From the category archives: News Releases 2015

News Releases 2015

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. 
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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.
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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 »

ABC Urges Withdrawal of Obama Administration’s Unlawful and Impractical ‘Blacklisting Proposal’

Wednesday, August 26, 2015 12:09 PM
Associated Builders and Contractors (ABC) today submitted comments urging the withdrawal of the Federal Acquisition Regulatory (FAR) Council’s Notice of Proposed Rulemaking (NPRM) and the U.S. Department of Labor’s (DOL) Notice of Proposed Guidance (NPG) implementing President Obama’s “Fair Pay and Safe Workplaces” Executive Order (Executive Order 13673), commonly referred to as the blacklisting proposal. Read the rest of entry »

Construction Input Prices Trend Lower in July

Friday, August 14, 2015 10:52 AM
Prices for inputs to construction industries declined 0.1 percent in July after increasing 0.2 percent in June, according to the Aug. 14 producer price index release by the Bureau of Labor Statistics. Year-over-year prices were down 3 percent in July and have been down on an annual basis for each of the past eight months. Prices of inputs to nonresidential construction industries declined 0.3 percent on a monthly basis and are down 3.9 percent on a yearly basis. 
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Private Construction Industry’s Importance to State Economies

Tuesday, August 11, 2015 8:00 AM
As noted in The Importance of Construction to State Economies, the importance of the construction industry to the national and state economies stretches beyond the direct impact of construction activity. The U.S. economy benefits from purchases related to, but not directly included in, construction projects, such as equipment for a new factory, furniture for an office or residential property, and appliances for commercial and residential units. Based on conservative estimates, these additional purchases add at least 2 percent to 3 percent to the impact of the construction industry on the economy. Read the rest of entry »

Nonresidential Construction Spending Retains Momentum

Monday, August 3, 2015 1:38 PM
Nonresidential construction spending was unchanged on a month-over-month basis in June, but is up 11.5 percent on a year-over-year basis according to the report released Aug. 3 by the U.S. Census Bureau. Nonresidential construction spending totaled $686.9 billion on a seasonally adjusted, annualized basis for the month and increased 9.8 percent during the year’s first half. Read the rest of entry »

June Construction Unemployment Rates Improve in 45 States from 2014

Friday, July 31, 2015 9:00 AM
Construction employment stalled nationally on a seasonally adjusted (SA) basis in June. However, as expected, not seasonally adjusted (NSA) employment increased from May. The result was that 38 states experienced a decline in their estimated NSA construction unemployment rate. Read the rest of entry »

Nonresidential Fixed Investment Falls in Second Quarter

Thursday, July 30, 2015 10:49 AM
Nonresidential fixed investment fell by 0.6 percent during the second quarter after expanding by 1.6 percent during the first quarter, according to the July 30 real gross domestic product (GDP) report by the Bureau of Economic Analysis (BEA). For the economy as a whole, real GDP expanded by 2.3 percent (seasonally adjusted annual rate) during the second quarter following a 0.6 percent increase during the year’s first quarter. Note that the first quarter estimate for nonresidential fixed investment was revised upward from -3.4 percent annualized growth. Read the rest of entry »

Construction Materials Prices, Dominated by Crisis Economics, Expand Slightly in June

Wednesday, July 15, 2015 11:51 AM
Prices for inputs to construction industries expanded 0.2 percent in June after increasing 1.1 percent in May. Year-over-year prices were down 2.2 percent in June and prices have not increased on an annual basis for the past seven months. The last time this occurred was the third and fourth quarter of 2009 when the global economy was still reeling from the financial crisis; however, June’s year-over-year decline in construction input prices was the smallest of 2015. Prices of inputs to nonresidential construction industries rose 0.3 percent on a monthly basis, but are down 3.6 percent on a yearly basis. Read the rest of entry »