News Releases | All posts archived in 'October 2018'

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: October 2018

We are pleased to present below all posts archived in 'October 2018'. If you still can't find what you are looking for, try using the search box.

September Construction Unemployment Rates Down in 30 States Year Over Year, Says ABC

Tuesday, October 30, 2018 9:30 AM

WASHINGTON, Oct. 30—Estimated September construction unemployment rates fell nationally and in 30 states on a year-over-year basis, according to an analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. Read the rest of entry »

In: News Releases 2018, Construction Economics, State Unemployment |

ABC Announces New Director of Workforce Development

Monday, October 29, 2018 10:30 AM

WASHINGTON, Oct. 29—Associated Builders and Contractors announced today that Timothy Mongeau has been appointed as director of workforce development. Read the rest of entry »

In: News Releases 2018, People and Awards |

Nonresidential Fixed Investment Returns to Earth in Q3, Says ABC

Friday, October 26, 2018 10:32 AM

WASHINGTON, Oct. 26—The U.S. economy expanded at a 3.5 percent annualized rate during the third quarter of 2018, according to an Associated Builders and Contractors analysis of U.S. Bureau of Economic Analysis data released today. This represents the first time there have been two consecutive quarters of 3 percent-plus growth since the beginning of 2015. Read the rest of entry »

In: News Releases 2018, Construction Spending, Construction Economics |

Construction Material Prices Rebound in September, Says ABC

Wednesday, October 10, 2018 10:11 AM

WASHINGTON, Oct. 10—Prices for inputs to construction rose 0.3 percent in September and are 7.4 percent higher than a year ago, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data released today. Overall prices for nonresidential construction inputs rose 0.4 percent, reversing last month’s downward trend. Among individual subcategories, softwood lumber prices are down 0.4 percent, yet are up 5.4 percent on a year-over-year basis. Crude petroleum and natural gas prices are both up on a monthly basis, 8.7 and 1.1 percent, respectively. Read the rest of entry »

In: News Releases 2018, Construction Economics, Materials Prices |

Construction Industry Adds 23,000 Jobs in September, Says ABC

Friday, October 5, 2018 3:13 PM

WASHINGTON, Oct. 5—The U.S. construction industry added 23,000 net new positions in September, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics. Read the rest of entry »

In: News Releases 2018, Employment, Construction Economics |

August Construction Unemployment Rates Down in 49 States Year Over Year, Says ABC

Tuesday, October 2, 2018 9:45 AM

WASHINGTON, Oct. 2—Estimated August construction unemployment rates fell nationally and in every state except Colorado on a year-over-year basis, according to an analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. Read the rest of entry »

In: News Releases 2018, Construction Economics, State Unemployment |

Nonresidential Spending Reaches New High in August, Says ABC

Monday, October 1, 2018 12:31 PM

WASHINGTON, Oct. 1— National nonresidential construction spending expanded
0.7 percent in August to its highest level since the U.S. Census Bureau began
collecting the data in 2002, according to an Associated Builders and
Contractors analysis released today. Total nonresidential spending stood at $762.7 billion on a seasonally adjusted, annualized rate in August, which represents an increase of 8.4 percent compared to one year ago. Private nonresidential spending fell 0.2 percent in August largely due to a 1.3 percent decline in power-related spending, the largest private construction spending category, and public nonresidential spending increased 2 percent. Read the rest of entry »

In: News Releases 2018, Construction Spending, Construction Economics |

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