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 hereABC construction economic releases are published according to this schedule for 2023 

 

News Releases

From monthly archives: May 2019

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

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

Wednesday, May 29, 2019 9:45 AM
WASHINGTON, May 29—In April, for the second month in a row, estimated not seasonally adjusted construction unemployment rates fell nationally and in 49 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. Mississippi was the only state with an increase, where construction unemployment rose from 9.2% in April 2018 to 10% in the most recent report. Read the rest of entry »

ABC Comments on President Trump’s New Immigration Proposal

Thursday, May 16, 2019 5:31 PM
WASHINGTON, May 16—Associated Builders and Contractors President and CEO Michael Bellaman commented today on President Trump’s new immigration proposal, which would create a “merit-based” visa system to address the workforce needs of U.S. industries
like construction. Bellaman said: Read the rest of entry »

Construction Input Prices Continue to Rise, Says ABC

Thursday, May 9, 2019 10:17 AM
WASHINGTON, May 9—Construction input prices increased 0.9% in April on a monthly basis and 2.4% compared to the same time last year, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data released today. Nonresidential input prices rose 0.9% compared to March and are up 2.8% on an annual basis. Read the rest of entry »

Construction Executive Wins 2019 Gold Circle Award for Excellence in Association Communications

Tuesday, May 7, 2019 2:16 PM
WASHINGTON, May 7—Construction Executive, the magazine for the business of construction, won an ASAE 2019 Gold Circle Award in the e-newsletter category for CE This Week. The customizable weekly newsletter was launched in 2018 along with a newconstructionexec.com website to celebrate the magazine’s 15th anniversary as the leading source for news, market developments and business issues impacting the construction industry. Read the rest of entry »

ABC Report: Safety Best Practices Can Make Construction Companies 680% Safer

Monday, May 6, 2019 9:30 AM
WASHINGTON, May 6—Associated Builders and Contractors released its 2019 Safety Performance Report today, an annual assessment that furthers the construction industry’s understanding of how to achieve world-class safety through its STEP Safety Management System. Published in conjunction with Construction Safety Week, the report documents the dramatic impact of using proactive safety practices to reduce recordable incidents by up to 85%, making the best-performing companies 680% safer than the industry average. Read the rest of entry »

Construction Job Growth Strong in April, Says ABC

Friday, May 3, 2019 10:42 AM
WASHINGTON, May 3 – The construction industry added 33,000 net new jobs in April, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics released today. Compared to the same time last year, industry employment is up by 256,000 jobs, an increase of 3.5 percent. Read the rest of entry »

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

Thursday, May 2, 2019 9:30 AM
WASHINGTON, May 2—Estimated March not seasonally adjusted construction unemployment rates fell nationally and in 49 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. Nebraska was the sole outlier, where construction unemployment rose from 5.1% in March 2018 to 5.3 in this latest report. The country and 31 of the states posted their lowest March construction unemployment rates on record. Read the rest of entry »

Nonresidential Spending Falls Slightly in March, But Private Construction Hits a New High, Says ABC

Wednesday, May 1, 2019 12:11 PM
WASHINGTON, May 1— According to an Associated Builders and Contractors analysis of U.S. Census Bureau data released today, national nonresidential construction spending declined 0.3% in March 2019. On a seasonally adjusted, annualized basis, nonresidential spending totaled $775.2 billion for the month, which represents a 4.8% increase compared to the same time last year. Read the rest of entry »
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