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 hereABC construction economic releases are published according to this schedule for 2023 

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From monthly archives: May 2014

We are pleased to present below all posts archived in 'May 2014'. If you still can't find what you are looking for, try using the search box.

Construction Materials Prices Increase for Fifth Consecutive Month

Wednesday, May 14, 2014 10:33 AM
Overall construction materials prices increased 0.4 percent in April and are up 1.5 percent year over year, according to the May 14 Producer Price Index released by the U.S. Department of Labor. Nonresidential construction material prices were up 0.5 percent for the month and are 1.4 percent higher than the same time last year. 
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ABC and Tradesmen International Sign Strategic Partnership Agreement

Tuesday, May 13, 2014 8:23 AM
Washington, D.C. – Associated Builders and Contractors (ABC) today announced it has signed a strategic partnership agreement with Tradesmen International, the construction industry’s premier source for craft professionals and labor-related services, which will help contractors maximize productivity per dollar of labor. The agreement became effective May 1, during ABC’s 28th annual National Craft Championships in Birmingham, Ala., which Tradesmen International sponsored.
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Electrician Lloyd Evans Named ABC Craft Instructor of the Year

Monday, May 5, 2014 6:05 PM
Associated Builders and Contractors (ABC) today named Lloyd Evans, hiring and training administrator at Watson Electrical Construction Co. in Wilson, N.C. its Craft Instructor of the Year. Evans received the honor May 2 during ABC’s National Craft Championships (NCC) and Workforce Development Conference in Birmingham, Ala.
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Menifee Electrician Robert Stuart Named ABC’s Craft Professional of the Year

Monday, May 5, 2014 6:00 PM
Associated Builders and Contractors (ABC) today named Robert Stuart, superintendent at Stronghold Engineering in Menifee, Calif., its Craft Professional of the Year. Stuart received the honor May 2 during ABC’s National Craft ChampionshipsWorkforce Development Conference and in Birmingham, Ala.
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ABC Congratulates National Craft Champions and Craft Professional and Instructor of the Year

Monday, May 5, 2014 1:06 PM
Associated Builders and Contractors (ABC) today announced the winners of its National Craft Championships and the Craft Instructor of the Year and Craft Professional of the Year during the Careers in Construction awards ceremony in Birmingham, Ala. The ceremony took place May 2, at the conclusion of ABC’s Workforce Development Conference.
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Employment Report Surpasses Expectations in April

Friday, May 2, 2014 2:06 PM
The U.S. construction industry gained 32,000 jobs in April, according to the May 2 employment report by the U.S. Department of Labor (DOL). Nonresidential construction segments added 8,100 jobs in April, up from the 5,700 jobs (revised) added in March, while the residential sector continued to build momentum, adding 13,100 jobs for the month. Heavy and civil engineering led the way by adding 10,500 jobs in April. The segment has added an impressive 34,900 jobs in the past 12 months.
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Nonresidential Construction Spending Inches Down in March

Thursday, May 1, 2014 1:51 PM
Nonresidential construction spending inched down in March, making it the third consecutive month in which spending declined. Nonresidential construction spending fell 0.1 percent on a monthly basis in March but has risen 4.4 percent on a yearly basis according to a May 1 release by the U.S. Census Bureau. Spending for the month totaled $568.5 billion on a seasonally adjusted, annualized basis. Read the rest of entry »