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. 

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From monthly archives: October 2019

We are pleased to present below all posts archived in 'October 2019'. If you still can't find what you are looking for, try using the search box.

GDP Growth Expands Despite Reduction in Nonresidential Investment, Says ABC

Wednesday, October 30, 2019 12:19 PM
WASHINGTON, Oct. 30—The U.S. economy expanded at an annualized rate of 1.9% in the third quarter of 2019 despite contracting levels of nonresidential investment, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Economic Analysis. Nonresidential fixed investment declined at a 3% annual rate in the third quarter after declining at a 1% rate in the second quarter. Read the rest of entry »

September Construction Unemployment Rates Down in 48 States Year Over Year, Says ABC

Wednesday, October 30, 2019 9:30 AM
WASHINGTON, Oct. 30—In September, estimated not seasonally adjusted construction unemployment rates fell nationally and in 48 states and rose in two 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. For the fifth consecutive month, the construction unemployment rates for all 50 states were below 10%. For the nation and 29 states, this was their lowest September construction unemployment rate on record. Read the rest of entry »

Construction Input Prices Slide in September, Says ABC

Tuesday, October 8, 2019 10:01 AM

WASHINGTON, Oct. 8Construction input prices fell 0.6% in September and are down 1.7% year-over-year, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices fell 0.7% for the month and are down 1.4% compared to the same time last year.

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Nonresidential Construction Employment Rises in September, Says ABC

Friday, October 4, 2019 10:09 AM

WASHINGTON, Oct. 4 – The construction industry added 7,000 net new jobs in September, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has expanded by 156,000 jobs, an increase of 2.1%. 

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August Construction Unemployment Rates Up From a Year Ago, Says ABC

Wednesday, October 2, 2019 9:30 AM

WASHINGTON, Oct. 2—In August, estimated not seasonally adjusted construction unemployment rates rose nationally and in 31 states, fell in 13 states and remained unchanged in six 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. For the fourth month in a row, the construction unemployment rates for all 50 states were below 10%.

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Nonresidential Construction Spending Down in August, Says ABC

Tuesday, October 1, 2019 11:43 AM

WASHINGTON, Oct. 1—National nonresidential construction spending declined 0.4% in August, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data published today. On a seasonally adjusted annualized basis, spending totaled $773.8 billion, 0.3% higher than in August 2018.

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