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ABC issues news releases on the latest policy and construction-related economic data and trend news. Commercial and industrial economic releases include monthly analyses of federal data reports on construction spending, employment, the Producer Price Index and quarterly GDP. ABC construction economic releases are produced 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.

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.

October Construction Unemployment Rates Down in 45 States Year Over Year, Says ABC

WASHINGTON, Nov. 27—Estimated October construction unemployment rates fell nationally and in 45 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.

ABC Elects 2019 National Chair, Executive Committee

LAS VEGAS, Nov. 14―The Associated Builders and Contractors Board of Directors elected Tony Rader, telecom vice president for National Roofing Partners, to serve as the 2019 national chair during the association’s annual Leadership Institute in Las Vegas. Ray Zamora, president of AnchorBuilt Inc., was elected chair-elect, and Steve Klessig, vice president of architecture and engineering, Keller Inc. was elected secretary.

Construction Materials Prices Continue to Rise in October

WASHINGTON, Nov. 9—Construction prices rose 0.5 percent in October and are 7.9 percent high than at the same time a year ago, according to an analysis of Bureau of Labor Statistics Producer Price Index data conducted by Associated Builders and Contractors. Prices for nonresidential construction inputs also increased 0.5 percent on a month-over-month basis and are up by more than 8 percent on a year-over-year basis.  

Nonresidential Spending Retains Momentum in September, Up 8.9 Percent Year Over Year, Says ABC

WASHINGTON, Nov. 1—National nonresidential construction spending fell 0.3 percent in September but remains historically elevated, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data released today. Total nonresidential spending stood at $767.1 billion on a seasonally adjusted, annualized rate in September, an increase of 8.9 percent on a year-ago basis.

Nonresidential Fixed Investment Returns to Earth in Q3, Says ABC

WASHINGTON, Oct. 26—The U.S. economy expanded at a 3.5 percent annualized rate during the third quarter of 2018, according to an Associated Builders and Contractors analysis of U.S. Bureau of Economic Analysis data released today. This represents the first time there have been two consecutive quarters of 3 percent-plus growth since the beginning of 2015.

Construction Material Prices Rebound in September, Says ABC

WASHINGTON, Oct. 10—Prices for inputs to construction rose 0.3 percent in September and are 7.4 percent higher than a year ago, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data released today. Overall prices for nonresidential construction inputs rose 0.4 percent, reversing last month’s downward trend. Among individual subcategories, softwood lumber prices are down 0.4 percent, yet are up 5.4 percent on a year-over-year basis. Crude petroleum and natural gas prices are both up on a monthly basis, 8.7 and 1.1 percent, respectively. 

Construction Industry Adds 23,000 Jobs in September, Says ABC

WASHINGTON, Oct. 5—The U.S. construction industry added 23,000 net new positions in September, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics.

ABC Highlights Economic Benefits of Tax Reform on Small Businesses in Congressional Testimony

WASHINGTON, Sept. 27—Larry Lopez, president and chief executive officer of Green JobWorks, Baltimore, and chairman of Associated Builders and Contractor’s Diversity Committee, testified today before the U.S. House of Representatives Subcommittee on Economic Growth, Tax and Capital Access on how recent economic growth is positively impacting local communities.  

ABC’s Construction Backlog Indicator Hits a New High in Second Quarter of 2018

WASHINGTON, Sept. 17—Associated Builders and Contractors reports that its Construction Backlog Indicator expanded to a record 9.9 months during the second quarter of 2018. Backlog is up 12.2 percent from the first quarter and 14 percent compared to the same time last year. 

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