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 

 

ABC and Southwire Form Strategic Partnership to Provide Safe, Innovative Electrical Solutions

Monday, February 17, 2020 9:30 AM

WASHINGTON, Feb. 17—Associated Builders and Contractors and leading electrical manufacturer Southwire, headquartered in Carrollton, Georgia, today announced a strategic partnership that will provide ABC chapters and contractor members with innovative, productive electrical solutions.  

Read the rest of entry »

Nonresidential Construction Employment Rises in January, Says ABC

Friday, February 7, 2020 10:45 AM

WASHINGTON, Feb. 7—The construction industry added 44,000 net new jobs in January, 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 142,000 jobs, an increase of 1.9%.

Read the rest of entry »

Democrat-controlled House Caves to Big Labor by Passing PRO Act, Says ABC

Thursday, February 6, 2020 9:07 PM

WASHINGTON, Feb. 6 — Associated Builders and Contractors Vice President of Legislative and Political Affairs Kristen Swearingen today issued the following statement on the passage of the deceptively named Protecting the Right to Organize Act, H.R. 2474, in the U.S. House of Representatives by a vote of 224 to 194:

Read the rest of entry »

December State Construction Unemployment Rates Down From a Year Ago, Says ABC

Wednesday, February 5, 2020 9:30 AM

WASHINGTON, Feb. 5—In December 2019, estimated not seasonally adjusted construction unemployment rates fell nationally and in 24 states, rose in 25 states and were unchanged in one state (New York) 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.

Read the rest of entry »

ABC Lauds Common-sense Regulation, Job Creation Policies in Trump’s State of the Union Speech

Tuesday, February 4, 2020 6:23 PM

WASHINGTON, Feb. 4—Associated Builders and Contractors President and Chief Executive Officer Michael D. Bellaman today issued the following statement on President Donald Trump’s State of the Union address:

Read the rest of entry »

Nonresidential Construction Falls Again in December, Says ABC

Monday, February 3, 2020 12:01 PM

WASHINGTON, Feb. 3—National nonresidential construction spending declined 1.2% in December 2019 but is up 4.4% on a year-ago basis, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, spending totaled $779.6 billion in December.

Read the rest of entry »

U.S. Economy Expands 2.1% in 4th Quarter; Investment in Structures Contracts, Says ABC

Thursday, January 30, 2020 10:48 AM

WASHINGTON, Jan. 30The U.S. economy expanded at an annualized rate of 2.1% in the fourth quarter of 2019, despite investment in structures declining at an annualized rate of 10.1%, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Economic Analysis. Investment in structures contracted for three consecutive quarters and declined 4.4% during 2019.

Read the rest of entry »

Monthly Construction Input Prices Rise Slightly in December, Says ABC

Wednesday, January 15, 2020 11:41 AM

WASHINGTON, Jan. 15—Construction input prices rose 0.2% in December 2019 and are up 1.0% 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 rose 0.3% for the month and are also up 1.0% since December 2018.

Read the rest of entry »

Nonresidential Construction Employment Up in December, Says ABC

Friday, January 10, 2020 11:14 AM

WASHINGTON, Jan. 10—The construction industry added 20,000 net new jobs in December 2019, 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 151,000 jobs, an increase of 2.0%. 

Read the rest of entry »

November Construction Unemployment Rates Rise From a Year Ago, Says ABC

Monday, January 6, 2020 9:30 AM

WASHINGTON, Jan. 6—In November, estimated not seasonally adjusted construction unemployment rates increased nationally and in 38 states, fell in 11 states and were unchanged in one state (Washington) 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.

Read the rest of entry »

Nonresidential Construction Falls in November, Says ABC

Friday, January 3, 2020 11:37 AM

WASHINGTON, Jan. 3—National nonresidential construction spending declined 0.3% in November but is up 5.1% year over year, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, spending totaled $781.1 billion, 1.8% lower than the cyclical peak in April 2019.

Read the rest of entry »

ABC’s Greg Sizemore Appointed Vice Chair, Construction Industry Alliance for Suicide Prevention

Wednesday, December 18, 2019 11:42 AM

WASHINGTON, Dec. 18—Associated Builders and Contractors announced today that Greg Sizemore, the association’s vice president of health, safety, environment and workforce development, has been appointed vice chair of the Construction Industry Alliance for Suicide Prevention. In this role, Sizemore will help support the alliance’s mission to address suicide prevention as a construction health and safety priority and reach a zero-suicide industry.

Read the rest of entry »

Construction Input Prices Down in November, Says ABC

Thursday, December 12, 2019 10:04 AM

WASHINGTON, Dec. 12—Construction input prices decreased 0.5% in November and are down 1.1% 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 decreased 0.4% for the month and are down 1.0% since November 2018.  

Read the rest of entry »

Florida Tops ABC’s Annual Merit Shop Scorecard State Ranking for Second Year in a Row

Monday, December 9, 2019 10:03 AM

WASHINGTON, Dec. 9—Associated Builders and Contractors released its 2019 Merit Shop Scorecard today, an annual ranking based on state policies and programs that encourage workforce development, career and technical education, job growth, and promote fair and open competition for taxpayer-funded construction projects.

Read the rest of entry »

Nonresidential Construction Employment Rises in November, Says ABC

Friday, December 6, 2019 10:19 AM

WASHINGTON, Dec. 6—The construction industry added 1,000 net new jobs in November, 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 146,000 jobs, an increase of 2.0%. 

Read the rest of entry »

ABC’s 2020 Construction Economic Forecast: Momentum Persists, Despite Uncertainties

Wednesday, December 4, 2019 12:39 PM

WASHINGTON, Dec. 4—Associated Builders and Contractors Chief Economist Anirban Basu forecasts continued momentum for the construction sector next year but advised an overall “wait-and-see” approach based on leading and lagging indicators and economic uncertainties, according to a 2020 economic outlook published in Construction Executive magazine.

Read the rest of entry »

October Construction Unemployment Rates Rise From a Year Ago, Says ABC

Tuesday, December 3, 2019 9:30 AM

WASHINGTON, Dec. 3—In October, estimated not seasonally adjusted construction unemployment rates increased nationally and in 34 states, fell in 13 states and were unchanged in three 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.

Read the rest of entry »

Nonresidential Construction Spending Falls in October, Says ABC

Monday, December 2, 2019 12:53 PM

WASHINGTON, Dec. 2—National nonresidential construction spending fell 0.7% in October but is up 1.4% compared to the same time last year, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, spending totaled $776.5 billion, 2.3% lower than the cyclical peak attained in April 2019.

Read the rest of entry »

Construction Input Prices Unchanged in October, Says ABC

Thursday, November 14, 2019 10:57 AM

WASHINGTON, Nov. 14 – Construction input prices remained unchanged on a monthly basis in October but are down 2.2% 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 fell 0.1% for the month and are down 2.0% compared to the same time last year.

Read the rest of entry »

ABC Elects 2020 National Chair, Executive Committee

Wednesday, November 13, 2019 11:17 AM

SAN ANTONIO, Nov. 13―Associated Builders and Contractors’ Board of Directors elected Tim Keating, owner and president, R. C. Stevens Construction Co., to serve as the 2020 ABC national chair during the association’s annual Leadership Institute in San Antonio. Steve Klessig, vice president of architecture and engineering, Keller Inc., was elected chair-elect and Stephanie Schmidt, president, Poole Anderson Construction, was elected secretary. 

Read the rest of entry »

ABC Highlights Value of Leading Safety Indicators During OSHA Public Meeting

Friday, November 8, 2019 9:30 AM

WASHINGTON, Nov. 8—Associated Builders and Contractors Vice President of Health, Safety, Environment and Workforce Development Greg Sizemore spoke at a Nov. 7 Occupational Health and Safety Administration public meeting on leading indicators for safety and health programs. In his remarks, Sizemore emphasized the importance of leading indicators as a proactive measure to prevent workplace hazards and reduce recordable incidents, resulting in improved safety and health performance.

Read the rest of entry »

Nonresidential Construction Spending Rebounds Slightly in September, Says ABC

Friday, November 1, 2019 12:26 PM

WASHINGTON, Nov.1—National nonresidential construction spending rose 0.5% in September but is down 0.9% on a year-ago basis, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, spending totaled $775.6 billion, 2.4% lower than the cyclical peak in April 2019.

Read the rest of entry »

Nonresidential Construction Continues to Add Jobs, Says ABC

Friday, November 1, 2019 11:30 AM

WASHINGTON, Nov. 1—The construction industry added 10,000 net new jobs in October, 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 148,000 jobs or 2%.

Read the rest of entry »

GDP Growth Expands Despite Reduction in Nonresidential Investment, Says ABC

Wednesday, October 30, 2019 12:19 PM
WASHINGTON, Oct. 30—The U.S. economy expanded at an annualized rate of 1.9% in the third quarter of 2019 despite contracting levels of nonresidential investment, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Economic Analysis. Nonresidential fixed investment declined at a 3% annual rate in the third quarter after declining at a 1% rate in the second quarter. Read the rest of entry »

September Construction Unemployment Rates Down in 48 States Year Over Year, Says ABC

Wednesday, October 30, 2019 9:30 AM
WASHINGTON, Oct. 30—In September, estimated not seasonally adjusted construction unemployment rates fell nationally and in 48 states and rose in two 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. For the fifth consecutive month, the construction unemployment rates for all 50 states were below 10%. For the nation and 29 states, this was their lowest September construction unemployment rate on record. Read the rest of entry »

Construction Input Prices Slide in September, Says ABC

Tuesday, October 8, 2019 10:01 AM

WASHINGTON, Oct. 8Construction input prices fell 0.6% in September and are down 1.7% 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 fell 0.7% for the month and are down 1.4% compared to the same time last year.

Read the rest of entry »

Nonresidential Construction Employment Rises in September, Says ABC

Friday, October 4, 2019 10:09 AM

WASHINGTON, Oct. 4 – The construction industry added 7,000 net new jobs in September, 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 156,000 jobs, an increase of 2.1%. 

Read the rest of entry »

August Construction Unemployment Rates Up From a Year Ago, Says ABC

Wednesday, October 2, 2019 9:30 AM

WASHINGTON, Oct. 2—In August, estimated not seasonally adjusted construction unemployment rates rose nationally and in 31 states, fell in 13 states and remained unchanged in six 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 fourth month in a row, the construction unemployment rates for all 50 states were below 10%.

Read the rest of entry »

Nonresidential Construction Spending Down in August, Says ABC

Tuesday, October 1, 2019 11:43 AM

WASHINGTON, Oct. 1—National nonresidential construction spending declined 0.4% in August, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data published today. On a seasonally adjusted annualized basis, spending totaled $773.8 billion, 0.3% higher than in August 2018.

Read the rest of entry »

ABC of Western Pennsylvania Files Suit Against Westmoreland County Union Mandate

Monday, September 23, 2019 3:52 PM

PITTSBURGH, Sept. 23—Associated Builders and Contractors of Western Pennsylvania today filed a lawsuit to stop Westmoreland County from requiring its contractors to execute a project labor agreement with the Pittsburgh Regional Building Trades Council as a condition of winning certain taxpayer-funded public works construction contracts. In addition, the county is requiring contractors to fire any worker on a PLA project who does not join a union affiliated with the Pittsburgh Regional Building Trades Council within eight days of employment, including union workers belonging to a union not represented by the council.

Read the rest of entry »

Monthly and Yearly Construction Input Prices Drop in August, Says ABC

Wednesday, September 11, 2019 11:34 AM

WASHINGTON, Sept. 11Construction input prices fell 0.6% in August and are down 0.9% year-over-year, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices fell 0.4% for the month and are down 0.4% compared to August 2018.

Read the rest of entry »

Nonresidential Construction Employment Expands in August, Says ABC

Friday, September 6, 2019 11:59 AM

WASHINGTON, Sept. 6The construction industry added 14,000 net new jobs in August, 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 177,000 jobs, or 2.4%. 

Read the rest of entry »

Nonresidential Construction Spending Down in July, Says ABC

Tuesday, September 3, 2019 12:03 PM

WASHINGTON, Sept. 3— According to an Associated Builders and Contractors analysis of U.S. Census Bureau data published today, national nonresidential construction spending declined 0.3% in July, totaling $776 billion on a seasonally adjusted annualized basis, and a 0.1% increase compared to July 2018. The June 2019 estimates were revised upward from $773.8 billion to $778.5 billion.

Read the rest of entry »

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 »

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 »

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 »

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 »

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 »

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 »

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 »

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 »

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 »

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 »

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 »

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 »

ABC VP Greg Sizemore Appointed to OSHA Advisory Committee on Construction Safety and Health

Monday, June 17, 2019 9:30 AM
WASHINGTON, June 17—Associated Builders and Contractors announced today that Greg Sizemore, ABC’s vice president of health, safety, environment and workforce development, has been appointed to the Occupational Health and Safety Administration’s Advisory Committee on Construction Safety and Health. ACCSH provides the U.S. Department of Labor with guidance to improve workplace safety and health in the construction industry.  Read the rest of entry »

Construction Input Prices See Slight Increase in May, says ABC

Tuesday, June 11, 2019 10:53 AM
WASHINGTON, June 11—Construction input prices rose slightly by 0.3% in May on a monthly basis and are up 0.6% over the last 12 months, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data released today. Nonresidential input prices were also up 0.3% compared to the previous month and are 1.1% higher than they were a year ago.  Read the rest of entry »

Construction Employment Sees Modest Gains in May, Says ABC

Friday, June 7, 2019 11:01 AM
WASHINGTON, June 7 – The construction industry added 4,000 net new jobs in May, according to an Associated Builders and Contractors analysis of data released today from the U.S. Bureau of Labor Statistics. On a year-over-year basis, construction employment has expanded by 215,000 jobs, an increase of 3.0%.Nonresidential employment lost 1,500 net jobs last month but is up by 136,000 jobs compared to the same time last year.  Read the rest of entry »

ABC Names the Top-performing Contractors in U.S. Commercial and Industrial Construction

Tuesday, June 4, 2019 10:06 AM
WASHINGTON, June 4—Associated Builders and Contractors today released its 2019 Top Performers lists, which recognize ABC member contractors’ achievements in safety, quality, diversity and project excellence ranked by work hours, with special designations identified. Published as a supplement to Construction Executivemagazine, the lists identify the Top 150 Performers, Top 50 Performers with Special Designations and Top 20 Performers by Region. Read the rest of entry »

ABC Applauds Passage of Texas Law Ensuring Fair and Open Competition

Monday, June 3, 2019 3:00 PM
WASHINGTON, June 3—Associated Builders and Contractors today praised Texas Gov. Greg Abbott (R) for signing the Neutrality in State Government Contracting bill (HB 985), which protects Texas taxpayers by ensuring all of Texas’ skilled construction workforce can compete on a level playing field for public works contracts to build projects utilizing state funding or credit. Read the rest of entry »
For media inquiries, please contact Donna Reichle, ABC’s senior director of communcations and marketing at [email protected]

Click here to subscribe to ABC’s news releases or here to receive ABC's weekly newsletter, Newsline

Minimize
Search by Category   

Archives