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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News Releases

From monthly archives: July 2019

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

June Construction Unemployment Rates Down in 40 States Year Over Year, Says ABC

Wednesday, July 31, 2019 9:30 AM

WASHINGTON, July 31—In June, estimated not seasonally adjusted construction unemployment rates fell nationally and in 40 states and increased in 10 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 second month in a row, all 50 states posted construction unemployment rates of less than 10%.

Read the rest of entry »
In: Construction Economics, State Unemployment, News Releases 2019 |

June Construction Unemployment Rates Down in 40 States Year Over Year, Says ABC

Wednesday, July 31, 2019 9:25 AM
WASHINGTON, July 31—In June, estimated not seasonally adjusted construction unemployment rates fell nationally and in 40 states and increased in 10 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 second month in a row, all 50 states posted construction unemployment rates of less than 10%.  Read the rest of entry »
In: Construction Economics, State Unemployment, News Releases 2019 |

U.S. GDP Expands by 2.1% in the Second Quarter, Says ABC

Friday, July 26, 2019 10:46 AM
WASHINGTON, July 26—The U.S. economy expanded at a 2.1% annualized rate during the second quarter of 2019 with consumer spending leading the way, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Economic Analysis. This rate of growth exceeded the consensus expectation that second quarter growth would be closer to 1.8%. Read the rest of entry »
In: Construction Economics |

Construction Input Prices Plummet in June, Says ABC

Friday, July 12, 2019 10:12 AM
WASHINGTON, July 12—Construction input prices decreased 1.3% on both a monthly and yearly basis in June, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. This is the first time in nearly three years that input prices have fallen on a year-over-year basis. Read the rest of entry »
In: Construction Economics, Materials Prices, News Releases 2019 |

Construction Job Growth Steady in June, Says ABC

Friday, July 5, 2019 10:55 AM
WASHINGTON, July 5 – The construction industry added 21,000 net new jobs in June, 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, employment in the industry has expanded by 224,000 jobs, representing an increase of 3.1%. Nonresidential construction employment gained 14,900 net jobs in June and is up 146,700 jobs during the last 12 months.  Read the rest of entry »
In: Employment, Construction Economics, News Releases 2019 |

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

Wednesday, July 3, 2019 9:25 AM
 WASHINGTON, July 3—In May, estimated 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. Three states (Michigan, South Dakota and Vermont) had no change, while only Hawaii increased, rising from 5% in May 2018 to 5.2% in the most recent report. (Note that the unemployment rate for Hawaii is for construction, mining and logging combined.) Read the rest of entry »
In: Construction Economics, State Unemployment, News Releases 2019 |

Nonresidential Construction Spending Slips Modestly in May, Says ABC

Monday, July 1, 2019 12:33 PM
WASHINGTON, July 1—According to an Associated Builders and Contractors analysis of U.S. Census Bureau data published today, national nonresidential construction spending declined 0.9% in May, totaling $788.5 billion on a seasonally adjusted annualized basis and a 4.4% increase compared to the same time last year. While total public and private nonresidential spending declined 0.9% since April, public spending was up 11.2% and private spending was down 0.1% year over year. Read the rest of entry »
In: Construction Spending, Construction Economics, News Releases 2019 |