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 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 2023 

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Posts Tagged 'Associated Builders and Contractors'

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Nonresidential Construction Spending Falls in October, Says ABC

WASHINGTON, Dec. 2—National nonresidential construction spending fell 0.7% in October but is up 1.4% compared to the same time last year, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, spending totaled $776.5 billion, 2.3% lower than the cyclical peak attained in April 2019.

Construction Input Prices Slide in September, Says ABC

WASHINGTON, Oct. 8Construction input prices fell 0.6% in September and are down 1.7% year-over-year, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices fell 0.7% for the month and are down 1.4% compared to the same time last year.

Nonresidential Construction Employment Rises in September, Says ABC

WASHINGTON, Oct. 4 – The construction industry added 7,000 net new jobs in September, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has expanded by 156,000 jobs, an increase of 2.1%. 

Nonresidential Construction Spending Down in August, Says ABC

WASHINGTON, Oct. 1—National nonresidential construction spending declined 0.4% in August, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data published today. On a seasonally adjusted annualized basis, spending totaled $773.8 billion, 0.3% higher than in August 2018.

Monthly and Yearly Construction Input Prices Drop in August, Says ABC

WASHINGTON, Sept. 11Construction input prices fell 0.6% in August and are down 0.9% year-over-year, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices fell 0.4% for the month and are down 0.4% compared to August 2018.

Nonresidential Construction Employment Expands in August, Says ABC

WASHINGTON, Sept. 6The construction industry added 14,000 net new jobs in August, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has expanded by 177,000 jobs, or 2.4%. 

Nonresidential Construction Spending Down in July, Says ABC

WASHINGTON, Sept. 3— According to an Associated Builders and Contractors analysis of U.S. Census Bureau data published today, national nonresidential construction spending declined 0.3% in July, totaling $776 billion on a seasonally adjusted annualized basis, and a 0.1% increase compared to July 2018. The June 2019 estimates were revised upward from $773.8 billion to $778.5 billion.

July Construction Unemployment Rates Remain Low, Though Not as Low as a Year Ago, Says ABC

WASHINGTON, Aug. 28—In July, estimated not seasonally adjusted construction unemployment rates rose nationally and in 38 states, fell in eight states and remained unchanged in four 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. For the third consecutive month, all 50 states posted construction unemployment rates less than 10%.

Construction Input Prices Rebound in July, Says ABC

WASHINGTON, Aug. 9—Construction input prices expanded 0.8% in July but are down 0.6% year-over-year, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices also increased 0.8% for the month but have declined 0.3% on a year-ago basis.

Nonresidential Construction Employment Roughly Flat in July, Says ABC

WASHINGTON, Aug. 2—The construction industry added 4,000 net new jobs in July, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has expanded by 202,000 net jobs, an increase of 2.8%.