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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, 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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Posts Tagged 'Anirban Basu'

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

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.

Construction Job Growth Led by Nonresidential Sector, But Remains Tepid

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).

Nonresidential Spending Loses Steam After Strong Start to Year

WASHINGTON, D.C., May 1—Nonresidential construction spending fell 1.2 percent in March, according to analysis of U.S. Census Bureau data released today by Associated Builders and Contractors (ABC). Spending in the segment totaled $708.6 billion on a seasonally adjusted, annualized basis, however the decline is less dramatic than it may be perceived to be given that February’s initial estimate of $701.6 billion was upwardly revised to $717 billion, making it the highest level or spending recorded in the data series.

Nonresidential Fixed Investment Surges Despite Sluggish Economic in First Quarter

WASHINGTON, D.C., April 28—The U.S. economy’s performance slowed in the first quarter of 2017, but nonresidential fixed investment expanded at an impressive 9.4 percent seasonally adjusted annual rate, according to analysis of U.S. Bureau of Economic Analysis data released today by Associated Builders and Contractors (ABC).

Construction Input Prices Moderate in March, Energy Prices Down

WASHINGTON, D.C., April 13—Construction input prices rose for the fourth consecutive month in March, increasing by 0.3 percent on a monthly basis and 4.4 percent on a yearly basis, according to analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors (ABC). Nonresidential construction input prices performed similarly, increasing by 0.4 percent for the month and 4.4 percent for the year.

Nonresidential Construction a Bright Spot in Disappointing Jobs Report, ABC Says

WASHINGTON, D.C. April 7—National construction employment remained largely unchanged in March, adding 6,000 net new jobs on a seasonally adjusted basis according to analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors (ABC). The nonresidential construction sector added 13,300 net new jobs for the month, while the residential sector lost 7,600 net jobs.

Public Nonresidential Construction Spending Rebounds; Overall Spending Unchanged in February

WASHINGTON, D.C., April 3—Nonresidential construction spending remained unchanged in February, according to analysis of U.S. Census Bureau data released today by Associated Builders and Contractors (ABC). The segment totaled $701.9 billion on a seasonally adjusted annualized rate for the month, marking the seventh consecutive month in which nonresidential spending sat above the $700 billion threshold.

Majority of Florida Construction Firms Plan to Hire in ’17; Worker Availability a Major Concern

WASHINGTON, D.C., April 3—Eighty-eight percent of Florida construction firms plan to increase hiring over the next six months and 84 percent anticipate experiencing more difficulty finding appropriately skilled labor, according to a report released today by Associated Builders and Contractors (ABC) of Florida. The inaugural Florida Contractor Confidence Index (Florida CCI) showed a statewide confidence reading for improving sales of 81, indicating the typical Florida contractor expects to be much busier in 2017.

Contractor Confidence Ends 2016 Down but Still in Positive Territory

WASHINGTON, D.C., MARCH 29— Expectations for 2017 have become less optimistic, but the majority of industrial and commercial construction contractors still expect growth this year, according to the latest Associated Builders and Contractors (ABC) Construction Confidence Index (CCI). Although all three diffusion indices in the survey — profit margins, sales and staffing levels—fell by more than five points, they remain well above the threshold of 50, which signals that construction activity will continue to be one of the few significant drivers of economic growth.

Construction Input Prices Expand for Third Straight Month; Petroleum Prices Soar Year-over-Year

WASHINGTON, D.C., March 14—Construction input prices expanded 0.3 percent on a monthly basis and 4.8 percent on a year-over-year basis in February, according to analysis of U.S. Bureau of Labor Statistics (BLS) data released today by Associated Builders and Contractors (ABC). This represents the most rapid yearly growth in construction input prices in more than five years.