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 

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Posts Tagged 'Anirban Basu'

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Construction Input Prices Continue to Fall in December, Says ABC

WASHINGTON, Jan. 15—Construction input prices declined 1.7 percent in December on a month-over-month basis yet are 3.5 percent higher than the same time last year, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data released today. In December, nonresidential construction prices fell 1.6 percent but are up 4.1 percent compared to one year ago.

Construction Employment Rises to Close Out 2018, Says ABC

WASHINGTON, Jan. 4—According to an Associated Builders and Contractors analysis of data released by today the U.S. Bureau of Labor Statistics, construction employment expanded by 38,000 net new jobs in December. Across the industry, employment is up by 280,000 year-over-year, an increase of 4.0 percent.

Nonresidential Construction Employment Slows Down in November, Says ABC

WASHINGTON, Dec. 7—Construction employment expanded by 5,000 net new jobs in November, according to an analysis of U.S. Bureau of Labor Statistics data conducted by Associated Builders and Contractors today. During the past 12 months, the industry has added 282,000 net new construction jobs, which translates into a 4 percent increase in total industry-wide employment. 

ABC Predicts Construction Sector Will Remain Strong in 2019

WASHINGTON, Dec. 4—Associated Builders and Contractors Chief Economist Anirban Basu forecasts another strong year for construction sector performance, yet warns about inflationary pressures, according to a 2019 economic outlook published today in Construction Executive magazine.

October Construction Unemployment Rates Down in 45 States Year Over Year, Says ABC

WASHINGTON, Nov. 27—Estimated October construction unemployment rates fell nationally and in 45 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.

Construction Employment Picks Up in October, Says ABC

WASHINGTON, Nov. 2—The U.S. construction industry added 30,000 net new jobs in October, according to an analysis from the Associated Builders and Contractors of data from the U.S. Bureau of Labor Statistics. 

Nonresidential Spending Retains Momentum in September, Up 8.9 Percent Year Over Year, Says ABC

WASHINGTON, Nov. 1—National nonresidential construction spending fell 0.3 percent in September but remains historically elevated, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data released today. Total nonresidential spending stood at $767.1 billion on a seasonally adjusted, annualized rate in September, an increase of 8.9 percent on a year-ago basis.

September Construction Unemployment Rates Down in 30 States Year Over Year, Says ABC

WASHINGTON, Oct. 30—Estimated September construction unemployment rates fell nationally and in 30 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. 

Nonresidential Fixed Investment Returns to Earth in Q3, Says ABC

WASHINGTON, Oct. 26—The U.S. economy expanded at a 3.5 percent annualized rate during the third quarter of 2018, according to an Associated Builders and Contractors analysis of U.S. Bureau of Economic Analysis data released today. This represents the first time there have been two consecutive quarters of 3 percent-plus growth since the beginning of 2015.

Construction Material Prices Rebound in September, Says ABC

WASHINGTON, Oct. 10—Prices for inputs to construction rose 0.3 percent in September and are 7.4 percent higher than a year ago, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data released today. Overall prices for nonresidential construction inputs rose 0.4 percent, reversing last month’s downward trend. Among individual subcategories, softwood lumber prices are down 0.4 percent, yet are up 5.4 percent on a year-over-year basis. Crude petroleum and natural gas prices are both up on a monthly basis, 8.7 and 1.1 percent, respectively.