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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News Releases

From monthly archives: August 2019

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

July Construction Unemployment Rates Remain Low, Though Not as Low as a Year Ago, Says ABC

Wednesday, August 28, 2019 9:30 AM
WASHINGTON, Aug. 28—In July, estimated not seasonally adjusted construction unemployment rates rose nationally and in 38 states, fell in eight states and remained unchanged in four 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 third consecutive month, all 50 states posted construction unemployment rates less than 10%. Read the rest of entry »
In: Construction Economics, State Unemployment, News Releases 2019 |

Mid-year Economic Outlook for Nonresidential Construction: Expansion Continues, But Vulnerabilities Pile Up

Monday, August 12, 2019 11:04 AM
WASHINGTON, Aug. 12—More than 10 years after the end of the most severe financial crisis since the Great Depression, the U.S. economy is again making history by entering its longest-ever expansion. Nevertheless, emerging weakness in business investment has been hinting at softening outlays, giving commercial and industrial construction contractors cause for concern, according to a mid-year economic outlook by Anirban Basu, chief economist of Associated Builders and Contractors. Read the rest of entry »
In: Construction Economics, News Releases 2019 |

Construction Input Prices Rebound in July, Says ABC

Friday, August 9, 2019 10:13 AM

WASHINGTON, Aug. 9—Construction input prices expanded 0.8% in July but are down 0.6% 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 also increased 0.8% for the month but have declined 0.3% on a year-ago basis.

Read the rest of entry »
In: Construction Economic Update, Construction Economics, Materials Prices, News Releases 2019 |

Nonresidential Construction Employment Roughly Flat in July, Says ABC

Friday, August 2, 2019 10:36 AM
WASHINGTON, Aug. 2—The construction industry added 4,000 net new jobs in July, 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 202,000 net jobs, an increase of 2.8%.  Read the rest of entry »
In: Employment, Construction Economics, News Releases 2019 |

Nonresidential Construction Spending Slows in June, Remains Elevated, Says ABC

Thursday, August 1, 2019 11:23 AM
WASHINGTON, Aug. 1—National nonresidential construction spending declined 1.8% in June, totaling $773.8 billion on a seasonally adjusted annualized basis—a 2.3% increase compared to the same time a year ago, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data published today. Public nonresidential spending fell 3.7% in June, but is up 6.4% year over year, while private nonresidential spending fell 0.3% on a monthly basis and is up 0.4% from June 2018. Read the rest of entry »
In: Construction Spending, Construction Economics, News Releases 2019 |