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 & Contractors'

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Nonresidential Construction Spending Falls Again in July, Says ABC

WASHINGTON, Sept. 1National nonresidential construction spending fell 1.2% in July, 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 $809.1 billion for the month.

Nonresidential Construction Spending Slows in June, Remains Elevated, Says ABC

WASHINGTON, Aug. 1—National nonresidential construction spending declined 1.8% in June, totaling $773.8 billion on a seasonally adjusted annualized basis—a 2.3% increase compared to the same time a year ago, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data published today. Public nonresidential spending fell 3.7% in June, but is up 6.4% year over year, while private nonresidential spending fell 0.3% on a monthly basis and is up 0.4% from June 2018.

ABC Names the 2019 Craft Professional of the Year

LONG BEACH, California, March 28—Associated Builders and Contractors announced that Adrian Rios of McCullough Construction in Arcata, California, was named the 2019 Craft Professional of the Year. Rios was honored during the Careers in Construction Awards at ABC Convention 2019 in Long Beach, California.

September Construction Unemployment Rates Down in 30 States Year Over Year, Says ABC

WASHINGTON, Oct. 30—Estimated September construction unemployment rates fell nationally and in 30 states 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. 

June Construction Unemployment Rates Down in 15 States Year Over Year, Says ABC

WASHINGTON, July 31—Estimated June construction unemployment rates fell in 15 states on a year-over-year basis, rose in 33 states and were unchanged in two states (Arizona and New Hampshire), according to an analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors.

Nonresidential Fixed Investment Surges in Second Quarter, Says ABC

WASHINGTON, July 27—The U.S. economy expanded at an annualized 4.1 percent rate during the second quarter of 2018—the fastest rate of quarterly growth since the second quarter of 2014, according to an Associated Builders and Contractors analysis of U.S. Bureau of Economic Analysis data released today.

ABC, Industry Groups Urge President Trump to Reverse Obama-era Policy on Project Labor Agreements

WASHINGTON, July 24, 2018—Associated Builders and Contractors joined a coalition of construction and business associations urging President Trump to eliminate government-mandated project labor agreements and allow all qualified contractors to compete for federal and federally assisted taxpayer-funded construction projects.

Apprenticeships Must Be Expanded to Meet 21st Century Workforce Needs, Says ABC

WASHINGTON, May 11—According to the final report of the Task Force on Apprenticeship Expansion, apprenticeship programs offer workers a career path with paid, on-the-job training and provide employers with highly trained workers, but they are insufficient to address the growing skills gap in many industries. Associated Builders and Contractors (ABC) commended the secretaries of labor, education and commerce for leading the task force comprised of representatives from industry, education and government to generate new ideas to expand the role of apprenticeships and help more individuals achieve the American Dream. The report was presented to the president in a meeting at the White House on May 10.

Fixed Investment Retains Momentum in First Quarter of 2018, Says ABC

WASHINGTON, April 27—The U.S. economy expanded at an annualized rate of 2.3 percent during the first quarter of 2018, while fixed investment increased at an annualized rate of 4.6 percent according to an Associated Builders and Contractors (ABC) analysis of today’s advanced estimate released by the U.S. Bureau of Economic Analysis.

ABC, USVBA Agree to Promote Veteran Construction Businesses

WASHINGTON, April 18—Associated Builders and Contractors (ABC) and the U.S. Veterans Business Alliance (USVBA) recently signed a memorandum of understanding to collaborate on expanding the participation of veteran and disabled veteran businesses in the merit shop construction industry.

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