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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Construction Input Prices Tick Higher in June; Crude Petroleum Prices Rebound

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.

Broad Business Coalition Seeks Rollback of New Joint Employer Standard

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.

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

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.

Despite Lofty Backlog, Nonresidential Construction Spending Remains Stagnant in May, Says ABC

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). 

Nearly 200,000 Construction Workers Added Since May 2016; Construction Unemployment Rates Improve in 24 States

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.

Construction Input Prices Flat, but Crude Petroleum Prices Plummet in May, ABC Says

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. 

Jobs Report Offers Reasons for Hope and Concern for Construction Industry

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).

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

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.

Nonresidential Construction Spending Falls in 13 of 16 Segments in April

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). 

Missouri Governor Signs ABC-supported Law to Protect Taxpayers, Construction Industry from Project Labor Agreement Mandates; ABC Urges Federal Action

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.