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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, as well as state-by-state construction unemployment estimates.

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. ABC construction economic releases are published according to this schedule 



For media inquiries, please contact Rachel O’Grady, ABC’s media relations director, at ogrady@abc.org or (202) 905-2104.

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Construction Input Prices Flat in October; Year-over-Year Inflation Remains

WASHINGTON, Nov. 14—Construction input prices remained unchanged on a monthly basis in October, according to analysis of today’s Bureau of Labor Statistics release by Associated Builders and Contractors (ABC). Overall construction input prices have expanded 4.3 percent year over year, while nonresidential input prices have expanded 4.1 percent since October 2016. Crude petroleum prices rose 6.6 percent for the month and are up 7.7 percent for the year. No other input manifested significant price growth in October.

Construction Numbers Stagnant in Otherwise Positive October Jobs Report, Says ABC

WASHINGTON, Nov. 3—According to an Associated Builders and Contractors (ABC) analysis of data released by the Bureau of Labor Statistics today, the nation’s construction sector added 11,000 net new jobs in October, matching the revised total from September. Nonresidential construction employment, however, experienced a net decline of 2,000 jobs. The residential sector added approximately 13,000 net new jobs.

Construction Spending Up in September; Down on a YOY Basis

WASHINGTON, Nov. 1Nonresidential construction spending rose 0.5 percent in September, totaling $698.1 billion on a seasonally adjusted basis, according to an Associated Builders and Contractors (ABC) analysis of data from the U.S. Census Bureau. However, nonresidential construction spending is down 2.9 percent on a year-over-year basis, with construction spending related to manufacturing down 20.3 percent since September 2016

Hurricane Impact Comes into View as 41 States See September Construction Unemployment Rate Improvement

WASHINGTON, Oct. 31—The not seasonally adjusted (NSA) national construction unemployment rate was 4.7 percent in September, down 0.5 percent from a year ago and the second lowest September rate on record behind the 4.6 percent rate in September 2000, the U.S. Bureau of Labor Statistics (BLS) reported. Construction unemployment rates were also down in 41 states on a year-over-year basis while rates rose in nine states, according to an analysis released today by Associated Builders and Contractors (ABC). Further, the construction industry employed 173,000 more workers than in September 2016.

ABC Announces 2017 Young Professional of the Year Finalists

Associated Builders and Contractors (ABC) today announced three finalists for its annual Young Professional of the Year Award. This year’s list includes a technology-driven electrician, a business owner who builds dreams and saves lives and an attorney who fights for equality in construction.

Construction Industry Benefits From Consecutive Quarterly GDP Gains, Says ABC

WASHINGTON, Oct. 27—The U.S. economy expanded at an annual rate of 3 percent during the third quarter of 2017, according to Associated Builders and Contractors’ analysis of gross domestic product (GDP) data released today by the Bureau of Economic Analysis. “Construction firms are among the major beneficiaries of the most recent GDP report, which confirms that the U.S. economy enjoys a level of momentum not observed for several years,” said ABC Chief Economist Anirban Basu.

ABC Releases Statement on Critical House Vote in Tax Reform Process

“We applaud House members for adopting the FY 2018 budget resolution that positions Congress to move forward with comprehensive, pro-growth tax reform without the threat of a filibuster

ABC Urges House to Act Quickly After Senate Passes Budget, Preserving Path for Tax Reform

Michael D. Bellaman, president and CEO of Associated Builders and Contractors (ABC), today issued the following statement on the passage of a budget by the U.S. Senate:
 “This important step by the Senate keeps the process on track to produce once-in-a-generation tax reform...

ABC's Construction Backlog Indicator 'Returns to Earth' in Second Quarter

WASHINGTON, Oct. 18—Associated Builders and Contractors (ABC) today reported its Construction Backlog Indicator (CBI) fell to 8.6 months during the second quarter of 2017, down 4.1 percent from the first quarter of 2017. CBI is up by 0.1 months, or 1.4 percent, on a year-over-year basis.

ABC CEO Mike Bellaman Appointed to Task Force on Apprenticeship Expansion for all Americans

Michael D. Bellaman, president and CEO of Associated Builders and Contractors (ABC), has been appointed by U.S. Department of Labor Secretary R. Alexander Acosta  to the Task Force on Apprenticeship Expansion, created by President Trump’s June 15 Executive Order 13801.

“I am excited to join Secretary Acosta’s task force to expand opportunities to citizens nationwide who want to live the American Dream while helping to build and rebuild our country,” said Bellaman. “As the president promised in his election night acceptance speech, every single American will have the opportunity to realize his or her fullest potential under his administration. That sentiment will drive this task force as we work to promote affordable education and rewarding jobs for all Americans.”