News Releases | All posts archived in 'June 2017'

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: June 2017

We are pleased to present below all posts archived in 'June 2017'. If you still can't find what you are looking for, try using the search box.

Nearly 200,000 Construction Workers Added Since May 2016; Construction Unemployment Rates Improve in 24 States

Tuesday, June 27, 2017 8:00 AM

WASHINGTON, June 27—In May, not seasonally adjusted (NSA) construction unemployment rates were down in 24 states on a year-over-year basis, according to analysis released today by Associated Builders and Contractors (ABC). At the same time, the construction industry employed 192,000 more workers than in May 2016, according to data from the U.S. Bureau of Labor Statistics (BLS), and the national NSA construction unemployment rate was 5.3 percent, up 0.1 percent from a year ago.
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In: News Releases 2017, Construction Economics, State Unemployment |

President Trump's Apprenticeship Expansion Helps All Americans Build America

Thursday, June 15, 2017 4:41 PM

WASHINGTON, June 15--Associated Builders and Contractors applauded President Donald J. Trump on today’s executive action on apprenticeships, which is an important step toward building new career opportunities for all Americans. If fully implemented, the order will allow industries to build innovative workforce development systems that address glaring skills gaps in our workforce. With the construction industry currently facing a workforce shortage of as many as 500,000 jobs, this order is an important first step to allow more entryways into becoming a construction professional. Read the rest of entry »

In: News Releases 2017, Workforce and Safety |

ABC Hails Florida Legislation That Encourages Competition in Bidding on Public Construction Projects

Thursday, June 15, 2017 10:07 AM

Washington, June 15—Associated Builders and Contractors (ABC) today applauded Gov. Rick Scott (R-Fla.) for signing legislation into law that will promote open competition in the procurement of construction services funded by Florida taxpayers.
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In: News Releases 2017, Politics and Policy |

Construction Input Prices Flat, but Crude Petroleum Prices Plummet in May, ABC Says

Tuesday, June 13, 2017 10:47 AM

WASHINGTON, D.C., June 13—Construction input prices remained unchanged in May, ending five consecutive months of price expansion, according to analysis of Bureau of Labor Statistics data released today by Associated Builders and Contractors. Construction input prices expanded 3.4 percent on a year-over-year basis.
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In: News Releases 2017, Construction Economic Update, Construction Economics |

Jobs Report Offers Reasons for Hope and Concern for Construction Industry

Friday, June 2, 2017 12:03 PM

WASHINGTON, D.C. June 2—National construction employment added 11,000 net new jobs on a seasonally adjusted basis in May according to analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors (ABC). Read the rest of entry »

In: Employment, Construction Economic Update, Construction Economics |

HUD Secretary Ben Carson to Headline ABC’s Diversity & Inclusion Summit

Friday, June 2, 2017 9:22 AM

WASHINGTON, D.C., June 2—Associated Builders and Contractors (ABC) today announced that Dr. Ben Carson, secretary of the U.S. Department of Housing and Urban Development, will deliver the keynote address at its annual Diversity & Inclusion Summit, June 19-20 in Washington, D.C. The summit is part of ABC Legislative Week, which also features legal and legislative updates, meetings with lawmakers and political advocacy sessions for ABC Young Professionals.
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In: News Releases 2017, Politics and Policy |

Nonresidential Construction Spending Falls in 13 of 16 Segments in April

Thursday, June 1, 2017 1:58 PM

WASHINGTON, D.C., June 1—Nonresidential construction spending fell 1.7 percent in April 2017, totaling $696.3 billion on a seasonally adjusted, annualized basis, according to analysis of U.S. Census Bureau data released today by Associated Builders and Contractors (ABC).
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In: News Releases 2017, Construction Spending, Construction Economic Update, Construction Economics |

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