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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 'Associated Builders and Contractors'

We are pleased to present below all posts tagged with 'Associated Builders and Contractors'. If you still can't find what you are looking for, try using the search box.

Nonresidential Construction Employment Ends 2017 on a High Note, Says ABC

WASHINGTON, Jan. 5—The nonresidential construction sector added 11,800 net new jobs in December, representing nearly 10 percent of the nation’s jobs created during the month, according to an Associated Builders and Contractors (ABC) analysis of data released today by the Bureau of Labor Statistics. The nation’s overall construction sector added 30,000 net new jobs in December, a 0.4 percent month-over-month increase.

Branch & Associates Exec George R. Nash, Jr. Begins Term as ABC National Chair

WASHINGTON, Jan. 5—George R. Nash Jr., director of preconstruction for Branch & Associates in Herndon, Va., began his one-year term as chair of Associated Builders and Contractors (ABC) on Jan. 1, 2018. He leads the 21,000-plus member association’s executive committee and board of directors, guides its national initiatives and serves as its spokesperson.

Nonresidential Construction Spending Ticks Higher in November, Down Year-Over-Year, ABC Says

WASHINGTON, Jan. 3—Nonresidential construction spending expanded 0.6 percent in November, totaling $719.2 billion on a seasonally adjusted basis, according to an Associated Builders and Contractors (ABC) analysis of data released today by the U.S. Census Bureau. Despite the month-over-month expansion, nonresidential spending fell 1.3 percent from November 2016. 

Construction Unemployment Rates Improve in 36 States as Nation Posts Lowest November Rate on Record, Says ABC

WASHINGTON, Jan. 3—The not seasonally adjusted (NSA) national construction unemployment rate was 5 percent in November, down 0.7 percent from a year ago and the lowest November rate on record, according to an analysis of U.S. Bureau of Labor Statistics (BLS) data released today by Associated Builders and Contractors (ABC). The construction industry employed 191,000 more workers than in November 2016.

ABC Celebrates Passage of Historic Tax Reform Bill

WASHINGTON, Dec. 20—Associated Builders and Contractors (ABC) President and CEO Michael D. Bellaman released the following statement after Congress passed The Tax Cuts and Jobs Act:

“This is a historic day for the construction industry. For too long, ABC’s 21,000-plus members have paid the highest effective tax rate of any sector of the economy. We are a capital-intensive, domestically oriented industry comprised mostly of small, family owned and closely held merit shop construction companies employing hardworking Americans.

Construction Jobs Numbers Rebound in November

WASHINGTON, Dec. 8—The nation’s construction sector added 24,000 net new jobs in November, representing a 0.3 percent month-over-month increase, according to an Associated Builders and Contractors (ABC) analysis of Bureau of Labor Statistics data released today. 

Buoyed by Healthy Economy, ABC Index Finds Contractors Upbeat

WASHINGTON, Dec. 7—The majority of commercial and industrial contractors are confident about sales growth, profits and staffing levels heading into 2018, according to the latest Associated Builders and Contractors (ABC) Construction Confidence Index (CCI). Despite rising construction labor and materials costs, 55 percent of contractors expect their profit margins to expand in the first half of 2018.

Hurricane Recovery Helps Construction Unemployment Rate Hit Lowest October Mark on Record

WASHINGTON, Nov. 28—The not seasonally adjusted (NSA) national construction unemployment rate was 4.5 percent in October, down 1.2 percent from a year ago, the U.S. Bureau of Labor Statistics (BLS) reported. It was the lowest October rate on record, matching the rate in 2006, according to analysis released today by Associated Builders and Contractors (ABC). Further, the construction industry employed 180,000 more workers than in October 2016. Construction unemployment rates were also down in 44 states on a year-over-year basis, unchanged in one (South Dakota) and up in five states.

Construction's Contribution to U.S. Economy Highest in Seven Years

According to a report released today by Associated Builders and Contractors (ABC), the private construction industry’s value added as a percentage of the nation’s real gross domestic product (GDP) rose to 4 percent in 2016, the highest level since 2009. The report also shows annual growth in real construction spending, which rose 3.5 percent in 2016. Thirty-seven states benefited from the rise in construction activity in their state, while 13 states experienced a reduction in activity.  

ABC Highlights Construction Worker Shortage During National Apprenticeship Week

Associated Builders and Contractors (ABC) commends the U.S. Department of Labor for declaring Nov. 13-19 National Apprenticeship Week. It’s the third consecutive year that business, labor, government, education and other partners are highlighting the tremendous job opportunities apprenticeships provide and the need for an infusion of Americans to pursue a skilled trade.