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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. Please note, ABC's news releases on state construction unemployment have been temporarily paused. 

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 Donna Reichle, ABC’s senior director of public affairs, at reichle@abc.org or (202) 595-1782

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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.

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).

Construction Unemployment Rates Improve in 27 States, ABC Says

WASHINGTON, D.C., May 2—March not seasonally adjusted (NSA) construction unemployment rates were down in nationally and in 27 states and unchanged in two on a year-over-year basis, according to analysis released today by Associated Builders and Contractors (ABC). The national NSA construction unemployment rate of 8.4 percent was down 0.3 percent from March 2016, according to data from the U.S. Bureau of Labor Statistics (BLS).

Associated Builders and Contractors Celebrates National Safety Week

WASHINGTON, D.C., May 1— Associated Builders and Contractors (ABC) celebrates Safety Week 2017 with a call for the construction industry to pledge support for substance abuse prevention and implement additional safety processes that lead to world-class safety performance. According to a recent ABC report, member construction firms with a substance abuse program in place reduce their incident rates by more than one-third compared to the industry average, and those that implement proactive best practices in 20 key safety components reduce recordable incidents by up to 87 percent.

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.

Trump Admin’s First 100 Days Have Brought Improved Business Climate for Construction Industry

WASHINGTON, D.C., April 28— Associated Builders and Contractors (ABC) today praised President Trump for taking important steps to create a pro-growth business environment in a statement from ABC President and CEO Michael Bellaman.

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).

Associated Builders and Contractors Congratulates Labor Secretary Acosta

WASHINGTON, D.C., April 27— Associated Builders and Contractors (ABC) today congratulated R. Alexander Acosta on being confirmed as secretary of the U.S. Department of Labor (DOL) in a statement from President and CEO Michael Bellaman.

Wisconsin Becomes the 23rd State to Pass ABC-supported Bill to Protect Taxpayers, Workers from Project Labor Agreement Mandates; ABC Urges Federal Action

Associated Builders and Contractors (ABC) today applauded Gov. Scott Walker (R-Wis.) for signing legislation into law that will promote fair and open competition on contracts for construction services funded by Wisconsin taxpayers. The bill, SB 3, will ensure that the government cannot mandate controversial project labor agreements (PLAs) on state, state-assisted and local construction projects, guaranteeing that the almost three out of four members of Wisconsin’s private construction workforce who have chosen not to join a labor union can work on projects funded by their own tax dollars.

Iowa Governor Signs Bill to Protect Taxpayers, Boost Jobs for Iowa’s Construction Industry

WASHINGTON, D.C., April 13—Associated Builders and Contractors (ABC) today applauded Gov. Terry Branstad (R-Iowa) for signing legislation into law that will promote fair and open competition on contracts for construction services funded by Iowa taxpayers. The bill, SF 438, will ensure that the government cannot mandate controversial project labor agreements (PLAs) on state, state-assisted and local construction projects, guaranteeing that the 85 percent of Iowa’s private construction workforce that has chosen not to join a labor union can work on projects funded by their own tax dollars.

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