News Releases | All posts archived in 'November 2015'

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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From monthly archives: November 2015

We are pleased to present below all posts archived in 'November 2015'. If you still can't find what you are looking for, try using the search box.

Iowa Native Shon Smith of ACI Mechanical Named ABC’s National Young Professional of the Year

Monday, November 23, 2015 3:00 PM

WASHINGTON, D.C., Nov. 23 – Associated Builders and Contractors (ABC) today announced that Shon Smith, prefabrication manager at ACI Mechanical, Inc. in Ames, Iowa, has been named ABC’s first Young Professional of the Year. Smith 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 100 nominations. Read the rest of entry »

In: News Releases 2015, People and Awards |

Jeb Bush Addresses ABC Member Concerns

Tuesday, November 17, 2015 1:30 PM

WASHINGTON, D.C., Nov. 17 – Presidential candidate and former Florida Governor Jeb Bush addressed and responded to questions from members of a coalition of major nationwide business groups in a TeleForum this evening. Bush answered questions from members of Associated Builders and Contractors (ABC), Associated General Contractors, Business-Industry Political Action Committee, National Association of Manufacturers, National Federation of Independent Business and National Retail Federation.
Read the rest of entry »

In: News Releases 2015, Politics and Policy |

Construction Industry Pushes Back Against Misrepresentation of Welders’ Income

Friday, November 13, 2015 1:20 PM

WASHINGTON, D.C., Nov. 12 – Associated Builders and Contractors (ABC), Construction Labor Market Analyzer (CLMA) and NCCER today pushed back against media reports this week that have misrepresented the income of welders in commercial and industrial construction. Read the rest of entry »

In: News Releases 2015, Workforce and Safety |

Construction Material Prices Fall Further in October

Friday, November 13, 2015 12:01 PM

WASHINGTON, D.C., Nov. 13- The Producer Price Index for inputs to construction industries declined for a fourth consecutive month in October, according to an analysis of the Bureau of Labor Statistics data released today by Associated Builders and Contractors (ABC). The index stands at its lowest level since the first quarter of 2011 as prices for construction inputs declined 0.2 percent on a monthly basis and 4.6 percent on a year-ago basis. Nonresidential construction input prices exhibit a similar pattern, falling 0.3 percent since last month and 5.1 percent over the past twelve months. Nine of 11 key input prices are down on a year-over-year basis.
Read the rest of entry »

In: News Releases 2015, Construction Economics, Materials Prices |

Construction’s Percentage Job Gains Lead All Economic Sectors in October

Friday, November 6, 2015 11:23 AM

WASHINGTON, D.C., Nov. 6—The U.S. construction industry added more jobs in October than during the previous four months combined, according to an analysis of Bureau of Labor Statistics data released today by Associated Builders and Contractors (ABC). Construction employment expanded by 31,000 net new jobs last month after adding 12,000 jobs in September (revised upward from 8,000). Nonresidential construction employment increased by 20,100 jobs in October after adding 11,100 jobs in September (revised upward from 6,800). Read the rest of entry »

In: News Releases 2015, Employment, Construction Economics |

Sen. Marco Rubio Addresses ABC Member Concerns

Wednesday, November 4, 2015 6:15 PM

WASHINGTON, D.C., Nov. 4 – Presidential candidate Sen. Marco Rubio (R-Fla.) addressed and responded to questions from members of a coalition of major nationwide business groups in a TeleForum this evening. Rubio answered questions from members of the Associated Builders and Contractors, the Associated General Contractors, the Business-Industry Political Action Committee, the National Association of Manufacturers, the National Federation of Independent Business and the National Retail Federation. Read the rest of entry »

In: News Releases 2015, Politics and Policy |

ABC, AIA & NAHB Economists Predict Residential & Nonresidential Construction Growth in 2016

Tuesday, November 3, 2015 3:10 PM

WASHINGTON, D.C., Nov. 3 – Associated Builders and Contractors (ABC) Chief Economist Anirban Basu, American Institute of Architects (AIA) Chief Economist Kermit Baker and National Association of Home Builders (NAHB) Chief Economist David Crowe predicted continued construction industry growth in 2016 today during a joint economic forecast web conference. Read the rest of entry »

In: News Releases 2015, Construction Spending, Construction Economics |

September’s Nonresidential Spending Slip No Cause for Concern, ABC Says

Monday, November 2, 2015 1:16 PM

WASHINGTON, D.C., Nov. 2—Nonresidential construction spending fell in September for the first time in eight months, the U.S. Census Bureau reported today, but the monthly drop in spending is not a cause for concern according to analysis by Associated Builders and Contractors (ABC). Nonresidential construction spending fell by 0.1 percent from August, totaling $692.8 billion on a seasonally adjusted annualized basis. Read the rest of entry »