News Releases | All posts archived in 'August 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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News Releases

From monthly archives: August 2015

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

ABC Opposes NLRB’s Joint Employer Ruling Uprooting Decades-Old Standards

Thursday, August 27, 2015 4:26 PM

Associated Builders and Contractors (ABC) released the following statement in response to today’s National Labor Relations Board’s (NLRB) joint employer ruling in the Browning-Ferris Industries of California case. Read the rest of entry »

In: News Releases 2015, Politics and Policy |

ABC Urges Withdrawal of Obama Administration’s Unlawful and Impractical ‘Blacklisting Proposal’

Wednesday, August 26, 2015 12:09 PM

Associated Builders and Contractors (ABC) today submitted comments urging the withdrawal of the Federal Acquisition Regulatory (FAR) Council’s Notice of Proposed Rulemaking (NPRM) and the U.S. Department of Labor’s (DOL) Notice of Proposed Guidance (NPG) implementing President Obama’s “Fair Pay and Safe Workplaces” Executive Order (Executive Order 13673), commonly referred to as the blacklisting proposal. Read the rest of entry »

In: News Releases 2015, Politics and Policy |

Construction Input Prices Trend Lower in July

Friday, August 14, 2015 10:52 AM

Prices for inputs to construction industries declined 0.1 percent in July after increasing 0.2 percent in June, according to the Aug. 14 producer price index release by the Bureau of Labor Statistics. Year-over-year prices were down 3 percent in July and have been down on an annual basis for each of the past eight months. Prices of inputs to nonresidential construction industries declined 0.3 percent on a monthly basis and are down 3.9 percent on a yearly basis.
Read the rest of entry »

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

Private Construction Industry’s Importance to State Economies

Tuesday, August 11, 2015 8:00 AM

As noted in The Importance of Construction to State Economies, the importance of the construction industry to the national and state economies stretches beyond the direct impact of construction activity. The U.S. economy benefits from purchases related to, but not directly included in, construction projects, such as equipment for a new factory, furniture for an office or residential property, and appliances for commercial and residential units. Based on conservative estimates, these additional purchases add at least 2 percent to 3 percent to the impact of the construction industry on the economy. Read the rest of entry »

In: News Releases 2015, Construction Economics, State Unemployment |

Difficulty in Finding Skilled Construction Workers Evident in Jobs Report

Friday, August 7, 2015 11:35 AM

U.S. construction industry employment rose 0.1 percent in July and added 6,000 net new jobs, while the construction unemployment rate shed 0.8 percentage points and now stands at 5.5 percent. Nonresidential construction employment fell by 4,600 jobs in July after losing 800 jobs in June. Nonresidential specialty trade contractors lost 3,700 jobs for the month, while the nonresidential building sector declined by 900 jobs. Residential construction and the heavy and civil engineering segment added 8,200 and 2,900 net new jobs in July, respectively. Read the rest of entry »

In: Employment, Construction Economics |

Nonresidential Construction Spending Retains Momentum

Monday, August 3, 2015 1:38 PM

Nonresidential construction spending was unchanged on a month-over-month basis in June, but is up 11.5 percent on a year-over-year basis according to the report released Aug. 3 by the U.S. Census Bureau. Nonresidential construction spending totaled $686.9 billion on a seasonally adjusted, annualized basis for the month and increased 9.8 percent during the year’s first half. Read the rest of entry »

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

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