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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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From the monthly archives: June 2013

We are pleased to present below all posts archived in 'June 2013'. If you still can't find what you are looking for, try using the search box.

ABC Testifies That Davis-Bacon Act Inflates the Cost of Federal Construction

Tuesday, June 18, 2013 11:39 AM
 In testimony today before the U.S. House of Representatives Committee on Education and the Workforce Subcommittee on Workforce Protections, Associated Builders and Contractors (ABC) General Counsel and shareholder with Littler Mendelson, P.C., Maurice Baskin said the Department of Labor’s (DOL) administration of the Davis-Bacon Act has, “hindered economic growth, increased the federal deficit and imposed an enormous paperwork burden on both contractors and the federal government.”
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Economists Say Jobs Are Key to Sustained Recovery in Construction Industry

Tuesday, June 18, 2013 9:32 AM
Economists from Associated Builders and Contractors (ABC), the American Institute of Architects and the National Association of Home Builders (NAHB) gave their perspectives on where the construction economy is headed during a June 17 online news conference. As a whole, the economic climate is improving, but recovery will continue to be slow unless more jobs are created.
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Construction Materials Prices Remain Flat in May

Friday, June 14, 2013 11:25 AM
National construction materials prices were unchanged in May and have been flat during the past three months, according to the June 14 report by the U.S. Labor Department. Year over year, construction materials prices are up just 0.8 percent. Nonresidential construction materials prices increased 0.2 percent for the month and are up 0.3 percent from one year ago.
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Spokane Contractor James Elmer Receives ABC Life Membership Award

Tuesday, June 11, 2013 10:41 AM
Associated Builders and Contractors (ABC) today announced that former National Chairman James (Jim) W. Elmer, founder and president of James W. Elmer Construction Co., Spokane, Wash., received a Life Membership award. He was presented this honor June 18 at ABC’s National Board of Directors meeting in Washington, D.C.
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South Carolina Becomes 17th State to Ban Government-Mandated Project Labor Agreements on Taxpayer-Funded Projects

Tuesday, June 11, 2013 9:59 AM
Associated Builders and Contractors (ABC) today celebrated a victory after South Carolina Gov. Nikki Haley signed a bill (S.438) into law that will prohibit state government entities from requiring contractors to sign a project labor agreement (PLA) or other agreements with labor unions as a condition of performing work on public construction projects.
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Construction Industry Unemployment Rate Falls to 10.8 Percent

Friday, June 7, 2013 10:17 AM
With the summer building season underway, the nation’s construction industry added 7,000 jobs in May as the unemployment rate dipped to 10.8 percent, which is down from 13.2 percent in April and the lowest rate since October 2008, according to U.S. Labor Department. Since May 2012, the industry added 189,000 jobs, or 3.4 percent.  
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Nonresidential Construction Spending Increases 0.7 Percent in April

Monday, June 3, 2013 12:04 PM
After a disappointing March, the nation’s nonresidential construction industry bounced back moderately in April. According to the June 3 release by the U.S. Census Bureau, nonresidential construction spending increased 0.7 percent in April, with outlays increasing to a seasonally adjusted annualized rate of $552.45 billion. However, nonresidential construction spending is down 2.1 percent from one year ago.
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