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 '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.

Associated Builders and Contractors Names MAREK Contractor of the Year

LONG BEACH, California, March 28—Associated Builders and Contractors named MAREK, headquartered in Houston, as its 2018 Contractor of the Year, an award that recognizes companies for corporate integrity, commitment to safety, professional development and expert craftsmanship. Mike Holland, chief operating officer of MAREK, accepted the honor at the 29th annual Excellence in Construction® Awards gala during ABC Convention 2019 in Long Beach, California, March 27.

New Kentucky Law a Win-Win for Construction Industry, State Economy, Says ABC

WASHINGTON, March 25—Associated Builders and Contractors lauded Kentucky Gov. Matt Bevin (R) today for signing into law the Fair and Open Competition Act (HB 135), which ensures all of Kentucky’s skilled construction workforce and qualified businesses can compete on a level playing field for contracts to build state and local public works projects.

2019 Starts Off with Expansion in Nonresidential Spending, Says ABC

WASHINGTON, March 13—National nonresidential construction spending rose 2.4 percent in January, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data released today. At a seasonally adjusted annualized rate, nonresidential spending totaled $762.5 billion for the month, an increase of 4.8 percent over the previous year. Public nonresidential construction spending expanded 4.9 percent in January and private spending increased 0.8 percent. Both public and private nonresidential spending are up 8.5 percent and 2.4 percent, respectively, on a yearly basis.

Construction Input Prices Rise for First Time Since October, Says ABC

WASHINGTON, March 13—According to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data released today, construction input prices rose 0.9 percent monthly in February and 1.8 percent in the past 12 months. Inputs to nonresidential construction were up 1 percent monthly and 2.7 percent on a yearly basis. This is the first time that input prices have risen since October 2018, when prices increased by 0.5 percent. 

Construction Input Price Declines Carry into 2019, Says ABC

WASHINGTON, Feb. 14—Construction input prices fell
0.7 percent on a monthly basis in January yet are up 1.6 percent year-over-year
according to an Associated Builders and Contractors analysis of U.S. Bureau of
Labor Statistics data released today. Construction input prices have declined
for three consecutive months and in four of the previous six months.

ABC Lauds Workforce Development, Infrastructure Priorities in President Trump’s State of the Union Speech

WASHINGTON, Feb. 5—Associated Builders and Contractors President and Chief Executive Officer Michael D. Bellaman issued the following remarks on President Donald Trump’s State of the Union address.

Nonresidential Construction Spending Dips in November, Says ABC

WASHINGTON, Feb. 1—National nonresidential construction spending declined 1 percent in November, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data released today. The release of November data, originally scheduled for Jan. 3, was delayed by the partial government shutdown.  

Construction Employment Surges to Start Year, Says ABC

WASHINGTON, Feb. 1— Construction employment expanded by 52,000 net new jobs in January, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Industry employment is up by 338,000 net jobs on a yearly basis, which represents an increase of 4.7 percent. Nonresidential construction employment grew by 28,600 net new positions on a monthly basis, although the nonresidential building sub-sector lost 800 net positions. 

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.

Price of Construction Materials Declines in November; ABC Predicts Moderate Increases in Early 2019

WASHINGTON, Dec. 11—Construction materials prices fell 1.8 percent in November, according to Associated Builders and Contractors’ analysis of U.S. Bureau of Labor Statistics data released today. Despite the monthly decline, materials prices are still 5.3 percent higher than they were on a year-over-year basis.