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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News Releases

From monthly archives: December 2012

We are pleased to present below all posts archived in 'December 2012'. If you still can't find what you are looking for, try using the search box.

Construction Materials Prices Fall 1.1 Percent in November

Thursday, December 13, 2012 2:06 PM
In a sign of a weak global economy, the nation’s construction materials prices fell 1.1 percent in November—the largest monthly decrease since February 2009—according to the producer price index report by the U.S. Department of Labor. However, prices are 1 percent higher than the same time last year. Read the rest of entry »
In: Construction Economic Update |

Michigan Workers Have Reason To Celebrate New ‘Right To Work' Law

Wednesday, December 12, 2012 8:49 AM
Associated Builders and Contractors (ABC) today commended Michigan Gov. Rick Snyder for signing a new Right to Work law that will protect all workers in the state from being forced to pay union dues as a requirement of employment. Michigan is the 24th state in the nation to enact a Right to Work law, and similar legislation has been introduced in 12 other states.
Read the rest of entry »
In: News Releases 2012 |

Construction Industry Loses 20,000 Jobs in November

Friday, December 7, 2012 11:29 AM
National construction industry employment fell by 20,000 jobs in November pushing the unemployment rate to 12.2 percent, up from 11.4 percent the previous month, according to the Dec. 7 employment report by the U.S. Department of Labor. Year-over-year, construction employment is down by 6,000 jobs, or 0.1 percent.
Read the rest of entry »
In: Employment, Construction Economic Update |

ABC Predicts Moderate Construction Recovery Will Continue In 2013

Tuesday, December 4, 2012 9:44 AM
WASHINGTON, D.C. – Associated Builders and Contractors (ABC) today released its 2013 economic forecast for the U.S. commercial and industrial construction industry, and it shows the continuation of a modest recovery for nonresidential construction next year.
Read the rest of entry »
In: News Releases 2012, Construction Economic Update |

Nonresidential Construction Spending Rises 0.5 Percent in October

Monday, December 3, 2012 12:19 PM
The nation’s nonresidential construction industry experienced a modest gain in October as spending increased 0.5 percent to $571.3 billion, according to the Dec. 3 report by the U.S. Census Bureau. Total nonresidential construction spending–which includes both private and public projects–is up 5.1 percent compared to one year ago.  
Read the rest of entry »
In: Construction Spending, Construction Economic Update |