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.  

For media inquiries, please contact Erika Walter, ABC’s director of media relations at [email protected] or (202)905-2104 

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News Releases

From monthly archives: April 2019

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

U.S. Economic Growth Crosses 3% Threshold to Begin the Year, Says ABC

Friday, April 26, 2019 11:15 AM
WASHINGTON, April 26— The U.S. economy expanded at an annualized 3.2% rate during the first quarter of 2019, according to an Associated Builders and Contractors assessment of data released today by the U.S. Bureau of Economic Analysis. The pace of growth exceeded expectations, as many economists predicted growth would be closer to 2.5%. Read the rest of entry »
In: Construction Economics, News Releases 2019 |

ABC Members Invest $1.6 Billion in Workforce Development Annually, New Survey Finds

Wednesday, April 17, 2019 12:21 PM
WASHINGTON, April 17—According to the results of Associated Builders and Contractors’ 2019 Workforce Development Survey, ABC members invested $1.6 billion to educate their employees in 2018, up from $1.1 billion in 2013. The 45% increase in spending resulted in nearly twice as many course attendees—more than 980,000—receiving craft, leadership and safety education to advance their careers in commercial and industrial construction. Read the rest of entry »
In: Workforce and Safety, News Releases 2019 |

Making Tax Deductions Permanent Will Expand Economic Growth, Says ABC

Monday, April 15, 2019 9:17 AM
WASHINGTON, April 15—According to Associated Builders and Contractors, the U.S. construction industry is still benefiting from the Tax Cuts and Jobs Act, which has helped small business owners grow their companies and workforce since its passage in December 2017. On Tax Day, ABC called on Congress to make the individual and pass-through small business deductions permanent—currently scheduled to sunset in 2025—and repeal the alternative minimum tax and the estate tax. Read the rest of entry »
In: Politics and Policy, News Releases 2019 |

Construction Input Prices Increase for the Second Straight Month, Says ABC

Thursday, April 11, 2019 11:02 AM
WASHINGTON, April 11—Construction input prices rose 1.7% in March on a monthly basis, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data released today. On a year-over-year basis, construction input prices are up 2.5%, and following a stretch of four consecutive months of input price decreases, March was the second straight month prices have risen in the aggregate. Inputs to nonresidential construction also increased 1.7% on a monthly basis and are up 3.2% compared to one year ago.  Read the rest of entry »
In: Construction Economics, Materials Prices, News Releases 2019 |

Construction Sees Minor Job Growth in March, Says ABC

Friday, April 5, 2019 11:42 AM
WASHINGTON, April 5—The construction industry added 16,000 net new jobs in March, according to an Associated Builders and Contractors analysis of data from the Bureau of Labor Statistics today. On a year-over-year basis, industry employment is up 246,000 jobs, representing a 3.4% increase. Nonresidential employment added 3,200 net new jobs last month, with the bulk of growth among nonresidential specialty contractors, which added 5,500 net new jobs. Heavy and civil engineering added 600 jobs, while the nonresidential building category lost 2,900 positions.  Read the rest of entry »
In: Employment, Construction Economics, News Releases 2019 |

February Construction Unemployment Rates Down in 46 States Year Over Year, Says ABC

Wednesday, April 3, 2019 9:30 AM
WASHINGTON, April 3—Estimated February not seasonally adjusted construction unemployment rates fell nationally and in 46 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: Construction Economics, State Unemployment, News Releases 2019 |

Nonresidential Spending Expands Again in February, Says ABC

Monday, April 1, 2019 12:13 PM
WASHINGTON, April 1—According to an Associated Builders and Contractors analysis of U.S. Census Bureau data released today, national nonresidential construction spending rose 1.2 percent in February. Seasonally adjusted nonresidential spending totaled $773.8 billion, a 4.8 percent increase over the same time last year. Read the rest of entry »
In: Construction Spending, Construction Economic Update, Construction Economics, News Releases 2019 |