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ABC issues news releases on the latest policy and construction-related economic data and trend news. Commercial and industrial economic releases include monthly analyses of federal data reports on construction spending, employment, the Producer Price Index and quarterly GDP. ABC construction economic releases are produced according to this schedule.


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News Releases

Construction Material Prices Rise for First Time in Nine Months

Wednesday, April 13, 2016 11:06 AM
WASHINGTON, D.C., April 13-Construction input prices rose on a monthly basis in March for the first time in nine months according to an analysis of the Bureau of Labor Statistics (BLS) Producer Price Index released today by Associated Builders and Contractors (ABC). Input prices expanded 0.9 percent on a monthly basis in March but are still down 3.4 percent on a year-over-year basis. Read the rest of entry »

ABC Applauds Appeals Court Decision in CityCenterDC Davis-Bacon Case

Tuesday, April 5, 2016 2:56 PM
WASHINGTON, D.C., April 5—Associated Builders and Contractors (ABC) applauded a decision to stop an unprecedented expansion of the 1931 Davis-Bacon Act onto a private construction project that was issued today by the U.S. Court of Appeals for the District of Columbia Circuit. ABC filed an amicus brief in the case arguing against forcing contractors to pay inaccurate government-determined wage and benefits rates on the CityCenterDC project in Washington, D.C.

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Construction Industry Groups File Suit Over OSHA Silica Rule

Monday, April 4, 2016 3:30 PM
WASHINGTON, D.C., April 4—Eight construction industry organizations filed a petition for review of the final crystalline silica rule by the Occupational Safety and Health Administration (OSHA) with the U.S. Court of Appeals for the Fifth Circuit today. Petitioning groups included: Mississippi Road Builders’ Association, American Subcontractors Association of Texas, Pelican Chapter of Associated Builders and Contractors, Louisiana Associated General Contractors, Associated Masonry Contractors of Texas, Distribution Contractors Association, Mechanical Contractors Associations of Texas and Texas Association of Builders.  Read the rest of entry »

Nonresidential Spending Slip in February No Cause for Alarm

Friday, April 1, 2016 11:27 AM
Nonresidential construction spending dipped in February, falling 1.4 percent on a monthly basis according to analysis of U.S. Census Bureau data released today by Associated Builders and Contractors (ABC). Spending in the nonresidential sector totaled $690.3 billion on a seasonally adjusted, annualized basis in February. While this represents a step back from January’s figure of $700.3 billion (revised down from $701.9 billion), it is still 1.5 percent higher than the level of spending registered in December 2015 and 10.1 percent higher than February 2015.   Read the rest of entry »

Construction Remains One of Economy’s Bright Spots

Friday, April 1, 2016 11:05 AM
The U.S. construction industry added 37,000 net new jobs in March according to an analysis of today’s  the U.S. Bureau of Labor Statistics release by Associated Builders and Contractors (ABC). On a year-over-year basis, construction employment expanded by 301,000 net new jobs, the industry’s largest annual increase since May 2015.  The industry added 20,000 net new jobs in February (revised upward from 19,000) and 18,000 net new jobs in January. Read the rest of entry »

ABC Files Suit Against DOL’s Overreaching ‘Persuader Rule’

Wednesday, March 30, 2016 5:52 PM
WASHINGTON, D.C., March 30 – Associated Builders and Contractors (ABC), ABC of Arkansas and a coalition of stakeholders announced today they have filed a joint lawsuit challenging the final “persuader rule” issued by the U.S. Department of Labor (DOL) on March 24, 2016. The legal challenge was filed in the United States District Court for the Eastern District of Arkansas. 
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February Construction Unemployment Rates Improve in 41 States from 2015

Wednesday, March 30, 2016 9:00 AM
Temperatures remained above normal for much of the country in February. However, precipitation rates were also above normal for much of the East and below normal for much of the West and parts of the South. These factors contributed to the not seasonally adjusted (NSA) construction unemployment rates for the nation maintaining a low February rate of 8.7 percent, a slight rise from January’s similarly low 8.5 percent rate. It was also the second lowest February national construction
unemployment rate going back to the beginning of the series in 2000, surpassed only by the 8.6 percent rate in February 2006. Read the rest of entry »

Construction Industry Voices Concerns with Silica Rule

Thursday, March 24, 2016 2:59 PM
WASHINGTON, March 24—The Construction Industry Safety Coalition (CISC) has concerns with the final rule on respirable crystalline silica released today by the Occupational Safety and Health Administration (OSHA). It appears, upon initial review, that the 1,772-page final rule contains some of the same problematic provisions that the CISC previously identified and shared with the agency. CISC has been a highly engaged participant in the rulemaking process since OSHA put forth the proposed rule two and a half years ago. Read the rest of entry »

ABC Slams Persuader Rule: DOL Proposal Designed to Silence Employers

Wednesday, March 23, 2016 11:14 AM
WASHINGTON, D.C., March 23 – Associated Builders and Contractors (ABC) today issued the following statement in response to the release of the U.S. Department of Labor’s (DOL) final “persuader rule.” The rule will greatly limit the ability of employers, particularly small businesses, to obtain advice from labor relations experts, and in turn deprive employees of their right to obtain balanced information about union representation. Read the rest of entry »

January Construction Unemployment Rates Improve in 43 States from 2015

Wednesday, March 23, 2016 8:30 AM
Unusually mild weather in much of the country continued into the first part of January but ended for the East near the end of the month with the brutal storm dubbed “Snowzilla.” The storm did not hit until after the reference week used for surveying employment and unemployment. This undoubtedly helped to temper the normal rise in the not seasonally adjusted (NSA) construction unemployment rates for the nation, which rose from a relatively low December rate of 7.5 percent to 8.5 percent in January. This is the lowest January national construction unemployment rate going back to the beginning of the series in January 2000. Read the rest of entry »