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ABC issues news releases on the latest policy and construction-related economic data and trend news. Commercial and industrial economic releases include monthly analyses of federal data reports on construction spending, employment, the Producer Price Index and quarterly GDP. ABC construction economic releases are produced according to this schedule.


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News Releases

From the category archives: News Releases 2016

News Releases 2016

Construction Backlog Rebounds in Third Quarter

Tuesday, December 13, 2016 9:37 AM
WASHINGTON, D.C., Dec. 13– Construction backlog expanded during the third quarter, led by strong growth in the commercial/industrial sector, according to Associated Builders and Contractors’ (ABC) Construction Backlog Indicator (CBI), released today. The increase during the third quarter follows two quarters of decline in backlog—the amount of work under contract but yet to be performed—that led to speculation that growth in the country’s nonresidential construction industry was slowing. Read the rest of entry »

ABC Predicts Modest Growth for 2017 Nonresidential Construction Sector; Warns of Vulnerability for Contractors

Monday, December 12, 2016 9:53 AM
WASHINGTON, D.C., Dec. 12– Associated Builders and Contractors (ABC) forecasts a slowdown of growth in the U.S. commercial and industrial construction industries in 2017. While contractors are vulnerable to rising commodity prices and potential interest rate increases in 2017, the middling consumer-led recovery should still lead to modest growth in construction spending and employment. Read the rest of entry »

Construction Industry Alliance Announces New Resources Aimed at Preventing Suicides

Tuesday, December 6, 2016 10:03 AM
WASHINGTON, D.C., Dec. 6– Associated Builders and Contractors (ABC) today announced new resources made available to its members through its membership in the Construction Industry Alliance for Suicide Prevention. ABC joined the Construction Financial Management Association (CFMA)-led alliance in October 2016 to help provide resources and disseminate information on suicide prevention and mental health awareness in the construction industry, with a goal of building a zero-suicide industry. Read the rest of entry »

Construction Job Growth Accelerates Amid Optimistic Post-election Outlook in November

Friday, December 2, 2016 10:11 AM
The U.S. construction industry added 19,000 net new jobs in November and has now added jobs for three consecutive months, according to analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors (ABC).  
Read the rest of entry »

Nonresidential Construction Spending Gains Momentum

Thursday, December 1, 2016 12:50 PM
WASHINGTON, D.C., Dec. 1—Nonresidential construction spending totaled $699.7 billion on a seasonally adjusted, annualized basis in October, a 0.3 percent decrease from September’s significantly upwardly revised total, but an increase of 2.6 percent year-over-year according to analysis of U.S. Census Bureau data released today by Associated Builders and Contractors (ABC). Read the rest of entry »

Brooke Wenger of Triad Engineering Named ABC Young Professional of the Year

Wednesday, November 30, 2016 1:45 PM
WASHINGTON, D.C., Nov. 30– Associated Builders and Contractors (ABC) announced that Brooke Wenger, director of business development at Triad Engineering Inc. in Hagerstown, Md., has been named ABC’s 2016 Young Professional of the Year. Wenger, a member of ABC’s Cumberland Valley (CVC) and Keystone chapters, was among three finalists for the award chosen based on their career achievement, leadership and vision for future industry enhancement from a field of more than 30 nominations representing 20 ABC chapters across the country. Read the rest of entry »

Construction Unemployment Rates Improve in 33 States Year-Over-Year, ABC Says

Tuesday, November 29, 2016 9:00 AM
WASHINGTON, D.C., Nov. 29—October not seasonally adjusted (NSA) construction unemployment rates were down in 33 states and the nation on a year-over-year basis, according to analysis released today by Associated Builders and Contractors (ABC). The national NSA construction unemployment rate of 5.7 percent was down 0.5 percent from a year ago, according to data from the Bureau of Labor Statistics (BLS). Read the rest of entry »

Construction Unemployment Rates Improve in 33 States Year-Over-Year

Tuesday, November 29, 2016 9:00 AM
WASHINGTON, D.C., Nov. 29—October not seasonally adjusted (NSA) construction unemployment rates were down in 33 states and the nation on a year-over-year basis, according to analysis released today by Associated Builders and Contractors (ABC). The national NSA construction unemployment rate of 5.7 percent was down 0.5 percent from a year ago, according to data from the Bureau of Labor Statistics (BLS). Read the rest of entry »

ABC Praises Injunction Against Department of Labor’s Controversial Overtime Rule

Wednesday, November 23, 2016 11:30 AM
WASHINGTON, D.C., Nov. 23– Associated Builders and Contractors (ABC) today welcomed news that the U.S. District Court for the Eastern District of Texas issued a preliminary injunction blocking the U.S. Department of Labor’s (DOL) burdensome and costly overtime final rule. Prior to the injunction, the rule was scheduled to go into effect on Dec. 1 and would have doubled the current minimum salary threshold for employees that are exempt from overtime pay and automatically increased it every three years. Read the rest of entry »

Building America: The Merit Shop Scorecard

Monday, November 21, 2016 1:56 PM
WASHINGTON, D.C., Nov. 21– Associated Builders and Contractors (ABC) today released its annual update to “Building America: The Merit Shop Scorecard,” which reviews and grades state-specific policies and information significant to the success of the commercial and industrial construction industry. The scorecard highlights states that have created a free enterprise-based environment where merit shop contractors are well positioned to succeed and calls attention to states where strategic improvements need to be made. Read the rest of entry »
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