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, GDP 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 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

Gaylor Electric Exec Named ABC's Young Professional of the Year

Thursday, November 9, 2017 10:01 AM
Associated Builders and Contractors (ABC) congratulates Justin Baker, executive vice president of Gaylor Electric in Mooresville, N.C., for being named ABC's Young Professional of the Year. Baker accepted the award Nov. 8 during ABC's Leadership Week Conference in Orlando, Fla. 

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ABC Praises Tax Cuts and Jobs Act

Friday, November 3, 2017 3:29 PM
ABC thanked House Republicans for working diligently with the White House to get a long-overdue tax reform bill off the ground and begin the legislative process. Our members will feel the direct positive impact of this bill with another dollar in their paychecks, allowing them to create jobs and drive growth.
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Construction Numbers Stagnant in Otherwise Positive October Jobs Report, Says ABC

Friday, November 3, 2017 11:17 AM
WASHINGTON, Nov. 3—According to an Associated Builders and Contractors (ABC) analysis of data released by the Bureau of Labor Statistics today, the nation’s construction sector added 11,000 net new jobs in October, matching the revised total from September. Nonresidential construction employment, however, experienced a net decline of 2,000 jobs. The residential sector added approximately 13,000 net new jobs.
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Construction Spending Up in September; Down on a YOY Basis

Wednesday, November 1, 2017 1:12 PM
WASHINGTON, Nov. 1Nonresidential construction spending rose 0.5 percent in September, totaling $698.1 billion on a seasonally adjusted basis, according to an Associated Builders and Contractors (ABC) analysis of data from the U.S. Census Bureau. However, nonresidential construction spending is down 2.9 percent on a year-over-year basis, with construction spending related to manufacturing down 20.3 percent since September 2016
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Hurricane Impact Comes into View as 41 States See September Construction Unemployment Rate Improvement

Tuesday, October 31, 2017 11:08 AM
WASHINGTON, Oct. 31—The not seasonally adjusted (NSA) national construction unemployment rate was 4.7 percent in September, down 0.5 percent from a year ago and the second lowest September rate on record behind the 4.6 percent rate in September 2000, the U.S. Bureau of Labor Statistics (BLS) reported. Construction unemployment rates were also down in 41 states on a year-over-year basis while rates rose in nine states, according to an analysis released today by Associated Builders and Contractors (ABC). Further, the construction industry employed 173,000 more workers than in September 2016.
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ABC Announces 2017 Young Professional of the Year Finalists

Tuesday, October 31, 2017 10:20 AM
Associated Builders and Contractors (ABC) today announced three finalists for its annual Young Professional of the Year Award. This year’s list includes a technology-driven electrician, a business owner who builds dreams and saves lives and an attorney who fights for equality in construction.
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Construction Industry Benefits From Consecutive Quarterly GDP Gains, Says ABC

Friday, October 27, 2017 12:49 PM
WASHINGTON, Oct. 27—The U.S. economy expanded at an annual rate of 3 percent during the third quarter of 2017, according to Associated Builders and Contractors’ analysis of gross domestic product (GDP) data released today by the Bureau of Economic Analysis. “Construction firms are among the major beneficiaries of the most recent GDP report, which confirms that the U.S. economy enjoys a level of momentum not observed for several years,” said ABC Chief Economist Anirban Basu.
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ABC Releases Statement on Critical House Vote in Tax Reform Process

Thursday, October 26, 2017 11:45 AM
“We applaud House members for adopting the FY 2018 budget resolution that positions Congress to move forward with comprehensive, pro-growth tax reform without the threat of a filibuster
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ABC Celebrates Careers in Construction Month 2017

Wednesday, October 25, 2017 11:49 AM
The construction industry has a message for career-seekers this October: the demand for construction workers is high, and firms are looking to hire. Despite an investment of more than $1 billion a year by its members to train the next generation of construction workers, Associated Builders and Contractors (ABC) says the industry currently has 500,000 unfilled jobs, and that number could more than double if Congress and the White House agree on a promised $1 trillion infrastructure bill. ABC member firms are highlighting the worker shortfall and abundant opportunities for aspiring industry professionals during Careers in Construction Month.
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ABC Urges House to Act Quickly After Senate Passes Budget, Preserving Path for Tax Reform

Friday, October 20, 2017 10:22 AM
Michael D. Bellaman, president and CEO of Associated Builders and Contractors (ABC), today issued the following statement on the passage of a budget by the U.S. Senate:
 “This important step by the Senate keeps the process on track to produce once-in-a-generation tax reform...
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ABC Announces Promotion of Téa Gennaro to Chief Financial Officer

Thursday, October 19, 2017 9:35 AM
Associated Builders and Contractors (ABC) announced the promotion of Téa Gennaro to Chief Financial Officer (CFO). She will be responsible for managing and directing the accounting, finance and facilities functions at ABC and its affiliated organizations—the ABC Political Action Committee, ABC Retirement and Savings Plan, Construction Legal Rights Foundation, Trimmer Construction Education Foundation and ABC Services Corp.
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ABC CEO Mike Bellaman Appointed to Task Force on Apprenticeship Expansion for all Americans

Monday, October 16, 2017 9:11 AM
Michael D. Bellaman, president and CEO of Associated Builders and Contractors (ABC), has been appointed by U.S. Department of Labor Secretary R. Alexander Acosta  to the Task Force on Apprenticeship Expansion, created by President Trump’s June 15 Executive Order 13801.

“I am excited to join Secretary Acosta’s task force to expand opportunities to citizens nationwide who want to live the American Dream while helping to build and rebuild our country,” said Bellaman. “As the president promised in his election night acceptance speech, every single American will have the opportunity to realize his or her fullest potential under his administration. That sentiment will drive this task force as we work to promote affordable education and rewarding jobs for all Americans.”
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Construction Input Growth Accelerates in September, says ABC

Thursday, October 12, 2017 1:03 PM
WASHINGTON, Oct. 12—Construction input prices rose yet again in September, according to an analysis by Associated Builders and Contractors (ABC) of data released today by the Bureau of Labor Statistics. Non-residential construction input prices rose 0.8 percent in September and 4.3 percent compared to this time last year. 
Overall, construction materials prices rose 0.8 percent over the previous month and 4.5 percent on a year-over-year basis, about three times as fast as overall U.S. inflation. 

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ABC Applauds Executive Order to Expand Association Health Plans

Thursday, October 12, 2017 11:04 AM
WASHINGTON, Oct.12--Associated Builders and Contractors (ABC) today released the following statement from Kristen Swearingen, vice president of legislative & political affairs, following President Trump’s signing of an executive order to expand access to Association Health Plans (AHPs):
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ABC Hails Lower Small Business Rates in Tax Reform Framework

Wednesday, October 11, 2017 6:30 PM
WASHINGTON, Oct. 11—Michael D. Bellaman, president and CEO of Associated Builders and Contractors (ABC), issued the following statement in response to President Trump’s speech on tax reform in Harrisburg, Pa.:

“President Trump’s tax framework promises the lowest small business tax rate in the last 80 years, which would unlock the full economic potential of the 21,000 members of Associated Builders and Contractors.  A growing economy means a thriving construction industry—when businesses are able to reinvest in wages, jobs, and expansion, ABC members are there to do the work. 
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Nonresidential Construction Adds Jobs Despite Disruptions; September Data Very Difficult to Interpret

Friday, October 6, 2017 10:07 AM
WASHINGTON, Oct. 6—The national construction industry added 8,000 net new jobs on a seasonally adjusted basis in September, according to an analysis by Associated Builders and Contractors (ABC) of today’s release from the U.S. Bureau of Labor Statistics. The nonresidential sector added 11,700 jobs for the month, which means that residential construction lost several thousand jobs. Nonresidential specialty trade contractors paced the segment, adding 8,500 net new jobs on a monthly basis. 
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Nonresidential Construction Spending Stabilizes in August; Spending on Nonresidential Construction Services Is Still Down on a YOY Basis

Monday, October 2, 2017 12:42 PM
WASHINGTON, Oct. 2—Nonresidential construction spending expanded 0.5 percent in August, totaling $691.8 billion on a seasonally adjusted, annualized basis, according to an analysis of data from the U.S. Census Bureau by Associated Builders and Contractors (ABC). Though this represents an improvement from July’s total ($688.2 billion), nonresidential spending remains 3.4 percent below its year-ago level and is down 3.8 percent from the cyclical peak attained in May 2017.

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Tax Reform Framework a Major Step Forward, Says ABC

Wednesday, September 27, 2017 12:06 PM
WASHINGTON, Sept. 27—Michael D. Bellaman, president and CEO of Associated Builders and Contractors (ABC), issued the following statement supporting the Unified Framework for Fixing Our Broken Tax Code released today by congressional and administration leaders:
 
“The tax framework released today marks a promising step forward for the first genuine reform of the tax code in a generation. Associated Builders and Contractors is encouraged by the proposal, and we strongly support the tax reform process moving forward.
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Construction Unemployment Improves in 35 States as Rate Falls to Lowest Ever for August

Wednesday, September 27, 2017 8:44 AM
WASHINGTON, Sept. 27—The not seasonally adjusted (NSA) national construction unemployment rate was 4.7 percent in August, down 0.4 percent from a year ago and the lowest August rate on record, the U.S. Bureau of Labor Statistics (BLS) reported. Unemployment rates were also down in 35 states on a year-over-year basis, according to an analysis released today by Associated Builders and Contractors (ABC). Rates rose in nine states and were unchanged in six. Further, the construction industry employed 206,000 more workers than in August 2016.

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ABC Applauds Confirmation of William Emanuel to NLRB

Monday, September 25, 2017 6:00 PM
WASHINGTON, Sept. 25--Associated Builders and Contractors (ABC) today released the following statement from Kristen Swearingen, vice president of Legislative & Political Affairs, on the confirmation of William Emanuel to serve on the National Labor Relations Board (NLRB).

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CSLB Urges Swift Passage of Save Local Business Act

Wednesday, September 13, 2017 3:10 PM
WASHINGTON, September 13—Coalition to Save Local Businesses Executive Director Michael Layman released the below statement on today’s House Education and the Workforce joint subcommittee hearing on the Save Local Business Act (H.R. 3441). Read the rest of entry »

Construction Input Price Growth Accelerates in August

Wednesday, September 13, 2017 11:11 AM
WASHINGTON, Sept. 13—Construction input prices rose 0.6 percent in August and are up 3.7 percent on a yearly basis, according to an analysis by Associated Builders and Contractors (ABC) of data released today by the Bureau of Labor Statistics. Nonresidential construction input prices behaved similarly, rising 0.6 percent for the month and 3.5 percent for the year.  
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National Construction Unemployment Rate Ticks Up to 4.9 Percent in July

Wednesday, September 6, 2017 8:30 AM
WASHINGTON, Sept. 6—The national not seasonally adjusted (NSA) construction unemployment rate was 4.9 percent in July, up 0.4 percent from a year ago, but still the third lowest July rate on record—matching the July 2001 rate, the U.S. Bureau of Labor Statistics (BLS) reported. Unemployment rates increased in 34 states on a year-over-year basis, but the construction industry employed 186,000 more workers than in July 2016, according to an analysis released today by Associated Builders and Contractors (ABC). Rates fell in 14 states and were unchanged in two.

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Nonresidential Construction Plunges Again; Public and Private Sector Down in July

Friday, September 1, 2017 12:18 PM
WASHINGTON, Sept. 1—Nonresidential construction spending fell 1.7 percent in July, totaling $688.4 billion on a seasonally adjusted, annualized basis, according to an analysis by Associated Builders and Contractors (ABC) of data released today by the U.S. Census Bureau. The absolute level of nonresidential construction spending was at its lowest point since December 2015.  
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Nonresidential Construction Job Growth Accelerates; Unemployment Falls to 4.7 Percent

Friday, September 1, 2017 10:45 AM

WASHINGTON, Sept. 1—National construction employment rebounded in August, adding 28,000 net new jobs on a seasonally adjusted basis, according to today’s release from the U.S. Bureau of Labor Statistics. It was the best month for job gains in construction since February, according to analysis by Associated Builders and Contractors (ABC). 
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ABC Praises Trump Administration Regulatory Rollbacks in SBA Testimony

Monday, August 28, 2017 10:57 AM
WASHINGTON, Aug. 28—Associated Builders and Contractors (ABC) today praised the Trump administration’s efforts to roll back burdensome regulations that drive up construction costs and hold back small business hiring and expansion. 

Testifying at the 2017 National Regulatory Fairness Hearing at the U.S. Small Business Administration Office of the National Ombudsman on Aug. 28, ABC General Counsel Maury Baskin Esq. of Littler Mendelson P.C. urged action on the “persuader,” overtime and silica rules, the new “joint employer” standard, and other onerous rulemakings and policies.
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Construction Input Prices Plod Higher, Energy Prices Down

Thursday, August 10, 2017 9:54 AM
WASHINGTON, Aug. 10—Construction input prices increased 0.3 percent in July and are up 3 percent on a year-over-year basis, according to an Associated Builders and Contractors (ABC) analysis of data released today by the Bureau of Labor Statistics.  Nonresidential construction input prices were in line with overall industry dynamics, increasing 0.3 percent for the month and 2.7 percent for the year.  
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Nonresidential Construction Job Growth Softens in July

Friday, August 4, 2017 10:10 AM
WASHINGTON, Aug. 4—National construction employment growth remained tepid in July, with approximately 6,000 net new jobs added on a seasonally adjusted basis, according to an analysis by Associated Builders and Contractors (ABC) of data from the U.S. Bureau of Labor Statistics. The residential construction segment added 7,200 net new jobs in July, but employment in the nation’s nonresidential construction sector declined by 1,700 positions after 9,900 jobs were added on net in June.  
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Nonresidential Construction Spending Plummets in June, Driven by Public Sector

Tuesday, August 1, 2017 12:16 PM
WASHINGTON, Aug. 1—Nonresidential construction spending fell by 2 percent on a monthly basis in June 2017, totaling $697 billion on a seasonally adjusted, annualized basis according to an analysis of U.S. Census Bureau data released today by Associated Builders and Contractors. June represents the first month during which spending has dipped below the $700 billion per year threshold since January 2016.
WASHINGTON, Aug. 1—Nonresidential construction spending fell by 2 percent on a monthly basis in June 2017, totaling $697 billion on a seasonally adjusted, annualized basis according to an analysis of U.S. Census Bureau data released today by Associated Builders and Contractors. June represents the first month during which spending has dipped below the $700 billion per year threshold since January 2016.
WASHINGTON, Aug. 1—Nonresidential construction spending fell by 2 percent on a monthly basis in June 2017, totaling $697 billion on a seasonally adjusted, annualized basis according to an analysis of U.S. Census Bureau data released today by Associated Builders and Contractors. June represents the first month during which spending has dipped below the $700 billion per year threshold since January 2016.
WASHINGTON, Aug. 1—Nonresidential construction spending fell by 2 percent on a monthly basis in June 2017, totaling $697 billion on a seasonally adjusted, annualized basis according to an analysis of U.S. Census Bureau data released today by Associated Builders and Contractors. June represents the first month during which spending has dipped below the $700 billion per year threshold since January 2016.
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U.S. Economic Growth Accelerates in Second Quarter; Nonresidential Fixed Investment Maintains Momentum, Says ABC

Friday, July 28, 2017 11:04 AM

WASHINGTON, July 28—Real gross domestic product (GDP) expanded by 2.6 percent on a seasonally adjusted annualized basis during the year’s second quarter, according to Associated Builders and Contractors’ analysis of data released today by the Bureau of Economic Analysis. Nonresidential fixed investment, a category of GDP embodying nonresidential construction activity, expanded at a 5.2 percent seasonally adjusted annual rate. This follows a 7.2 percent expansion during the first quarter.
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National Construction Unemployment Rate Falls to 4.5 Percent, the Lowest June Rate on Record

Thursday, July 27, 2017 3:01 PM
WASHINGTON, Aug. 1—In June, the not seasonally adjusted (NSA) construction unemployment rate was 4.5 percent, down 0.1 percent from a year ago and the lowest June rate on record, according to data from the U.S. Bureau of Labor Statistics (BLS). According to an analysis released today by Associated Builders and Contractors (ABC), NSA construction unemployment rates were down in 31 states on a year-over-year basis, and the construction industry employed 204,000 more workers than in June 2016. 
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ABC Applauds Introduction of the Save Local Business Act to Rein In ‘Joint Employer’ Standard

Thursday, July 27, 2017 12:29 PM
WASHINGTON, July 28--Kristen Swearingen, vice president of Legislative & Political Affairs at Associated Builders and Contractors and chair of the Coalition for a Democratic Workplace, today issued the following statement on the introduction of the Save Local Business Act, which would roll back the Obama administration’s expanded definition of “joint employer” under the National Labor Relations Act and Fair Labor Standards Act:
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ABC Calls on Congress to Support Expansion of Construction Apprenticeship Programs

Wednesday, July 26, 2017 11:29 AM
WASHINGTON, July 26--Michael Bennett, vice president of the Cianbro Cos., Pittsfield, Maine, today told Congress that industry-driven training programs should play a bigger role in government efforts to close the workforce/skills gap that has left 500,000 construction jobs unfilled in the United States today. Bennett testified on behalf of Associated Builders and Contractors (ABC) before the U.S. House Committee on Education and Subcommittee on Higher Education and Workforce Development to call for support for President Trump’s recent executive order expanding apprenticeships, which would help ensure job seekers get exactly the training required for success in today’s job market.
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ABC Announces Hire of Stephen Wiltshire as Safety Director

Tuesday, July 18, 2017 2:58 PM
WASHINGTON, July 17—Associated Builders and Contractors (ABC) today announced that veteran construction safety expert Stephen M. Wiltshire has joined its 70-person staff as director of safety.
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Construction Input Prices Tick Higher in June; Crude Petroleum Prices Rebound

Thursday, July 13, 2017 11:34 AM
WASHINGTON, July 13--Construction input prices rose 0.2 percent in June, according to an analysis of Bureau of Labor Statistics data released today by Associated Builders and Contractors (ABC). This represents the sixth increase in construction input prices over the past seven months, but the overall rate of increase has been quite slow. On a year-over-year basis, construction input prices are up 2.6 percent.
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Broad Business Coalition Seeks Rollback of New Joint Employer Standard

Wednesday, July 12, 2017 11:57 AM
WASHINGTON, July 12 — Coalition to Save Local Businesses Executive Director Michael Layman released the below statement on today’s House Education and the Workforce full committee hearing exploring the impact of the NLRB’s expanded joint employer standard. Read the rest of entry »

U.S. Labor Market Resurgent in June; Construction Adds 16,000 Jobs

Monday, July 10, 2017 3:50 PM
Washington, July 10--National construction employment added 16,000 net new jobs on a seasonally adjusted basis in June, according to an analysis of data from the U.S. Bureau of Labor Statistics by Associated Builders and Contractors (ABC).  Overall construction employment expanded 3.1 percent on a year-over-year basis, easily outpacing the year-over-year growth rate of 1.6 percent for all nonfarm industries.
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Despite Lofty Backlog, Nonresidential Construction Spending Remains Stagnant in May, Says ABC

Monday, July 3, 2017 12:26 PM
WASHINGTON, July 3 - Nonresidential construction spending expanded by 0.3 percent on both a monthly and yearly basis in May and stands at $714.3 billion on a seasonally adjusted annualized basis, according to analysis of a report from the U.S. Census Bureau released today by Associated Builders and Contractors (ABC). 
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Nearly 200,000 Construction Workers Added Since May 2016; Construction Unemployment Rates Improve in 24 States

Tuesday, June 27, 2017 8:00 AM
WASHINGTON, June 27—In May, not seasonally adjusted (NSA) construction unemployment rates were down in 24 states on a year-over-year basis, according to analysis released today by Associated Builders and Contractors (ABC). At the same time, the construction industry employed 192,000 more workers than in May 2016, according to data from the U.S. Bureau of Labor Statistics (BLS), and the national NSA construction unemployment rate was 5.3 percent, up 0.1 percent from a year ago.
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President Trump's Apprenticeship Expansion Helps All Americans Build America

Thursday, June 15, 2017 4:41 PM
WASHINGTON, June 15--Associated Builders and Contractors applauded President Donald J. Trump on today’s executive action on apprenticeships, which is an important step toward building new career opportunities for all Americans. If fully implemented, the order will allow industries to build innovative workforce development systems that address glaring skills gaps in our workforce.  With the construction industry currently facing a workforce shortage of as many as 500,000 jobs, this order is an important first step to allow more entryways into becoming a construction professional.     Read the rest of entry »

ABC Hails Florida Legislation That Encourages Competition in Bidding on Public Construction Projects

Thursday, June 15, 2017 10:07 AM

Washington, June 15—Associated Builders and Contractors (ABC) today applauded Gov. Rick Scott (R-Fla.) for signing legislation into law that will promote open competition in the procurement of construction services funded by Florida taxpayers. 
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Construction Input Prices Flat, but Crude Petroleum Prices Plummet in May, ABC Says

Tuesday, June 13, 2017 10:47 AM
WASHINGTON, D.C., June 13—Construction input prices remained unchanged in May, ending five consecutive months of price expansion, according to analysis of  Bureau of Labor Statistics data released today by Associated Builders and Contractors. Construction input prices expanded 3.4 percent on a year-over-year basis. 
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Jobs Report Offers Reasons for Hope and Concern for Construction Industry

Friday, June 2, 2017 12:03 PM
WASHINGTON, D.C. June 2—National construction employment added 11,000 net new jobs on a seasonally adjusted basis in May according to analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors (ABC). Read the rest of entry »

HUD Secretary Ben Carson to Headline ABC’s Diversity & Inclusion Summit

Friday, June 2, 2017 9:22 AM
WASHINGTON, D.C., June 2—Associated Builders and Contractors (ABC) today announced that Dr. Ben Carson, secretary of the U.S. Department of Housing and Urban Development, will deliver the keynote address at its annual Diversity & Inclusion Summit, June 19-20 in Washington, D.C. The summit is part of ABC Legislative Week, which also features legal and legislative updates, meetings with lawmakers and political advocacy sessions for ABC Young Professionals.
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Nonresidential Construction Spending Falls in 13 of 16 Segments in April

Thursday, June 1, 2017 1:58 PM
WASHINGTON, D.C., June 1—Nonresidential construction spending fell 1.7 percent in April 2017, totaling $696.3 billion on a seasonally adjusted, annualized basis, according to analysis of U.S. Census Bureau data released today by Associated Builders and Contractors (ABC). 
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Missouri Governor Signs ABC-supported Law to Protect Taxpayers, Construction Industry from Project Labor Agreement Mandates; ABC Urges Federal Action

Tuesday, May 30, 2017 5:03 PM
WASHINGTON, May 30—Associated Builders and Contractors (ABC) today applauded Gov. Eric Greitens (R-Mo.) for signing legislation into law that will promote fair and open competition on contracts for construction services funded by Missouri taxpayers. SB 182 ensures controversial project labor agreements (PLAs) cannot be mandated by the government on state, state-assisted and local construction projects, guaranteeing that the almost three out of four members of Missouri’s private construction workforce who have chosen not to join a labor union can fairly compete to work on projects funded by their own tax dollars. Read the rest of entry »

Construction Unemployment Rates Improve in 22 States

Tuesday, May 30, 2017 9:00 AM
WASHINGTON, D.C., May 30—April not seasonally adjusted (NSA) construction unemployment rates were down in 22 states and unchanged in two (Arkansas and California) on a year-over-year basis, according to analysis released today by Associated Builders and Contractors (ABC). However, the national NSA construction unemployment rate of 6.3 percent was up 0.3 percent from April 2016, according to data from the U.S. Bureau of Labor Statistics (BLS). Read the rest of entry »

Study: Project Labor Agreement Mandates Inflate Cost of Construction 13 Percent

Thursday, May 25, 2017 8:00 AM
WASHINGTON, D.C., May 25— A study released today by The Beacon Hill Institute found that Ohio schools built under government-mandated project labor agreements (PLAs) cost 13.12 percent more than schools that were bid and constructed through fair and open competition, free from PLA requirements. The study looked at 88 schools built in Ohio since 2000 and found that those built under a PLA mandate cost $23.12 more per square foot than projects built without PLA mandates. Read the rest of entry »

Construction Input Prices Up in April, Led by Sharp Increases in Energy Prices

Thursday, May 11, 2017 10:56 AM
WASHINGTON, D.C., May 11—Construction input prices rose for a fifth consecutive month in April, increasing by 0.7 percent on a monthly basis and 4.3 percent on a year-over-year basis, according to analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors (ABC). Nonresidential construction input prices behaved similarly, increasing by 0.7 percent on a monthly basis and 4.2 percent on a year-ago basis. Read the rest of entry »

Construction Job Growth Led by Nonresidential Sector, But Remains Tepid

Friday, May 5, 2017 10:19 AM
WASHINGTON, D.C., May 5—National construction employment remained largely unchanged for the second consecutive month, adding 5,000 net new jobs on a seasonally adjusted basis in April, according to analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors (ABC). Read the rest of entry »