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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 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.

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.

Construction Unemployment Rates Improve in 25 States

WASHINGTON, D.C., April 5— Construction unemployment rates were down in 25 states and unchanged in four in February on a year-over-year basis, according to analysis released today by Associated Builders and Contractors (ABC). The national not seasonally adjusted (NSA) construction unemployment rate of 8.8 percent was up 0.1 percent from February 2016, according to data from the U.S. Bureau of Labor Statistics (BLS).

Construction Industry Praises President Trump for Eliminating Burdensome Obama-era Recordkeeping Rule

WASHINGTON, D.C., April 4— Associated Builders and Contractors (ABC) today commended President Trump for signing a resolution into law eliminating the Obama administration’s controversial “Volks rule” (formally known as Clarification of an Employer’s Continuing Obligation to Make and Maintain an Accurate Record of Each Recordable Injury and Illness final rule). Congress passed the resolution through the Congressional Review Act (CRA).

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.