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Associated Builders and Contractors' (ABC) state-level data series includes an annual breakdown of construction’s contribution to each state’s gross domestic product in addition to monthly updates on state-level construction unemployment. The monthly state employment data are analyzed by Dr. Bernard Markstein and will be released each month according to this schedule.

For media inquiries, contact Donna Reichle, reichle@abc.org.

From the monthly archives: August 2015

We are pleased to present below all posts archived in 'August 2015'. If you still can't find what you are looking for, try using the search box.

Private Construction Industry’s Importance to State Economies

As noted in The Importance of Construction to State Economies, the importance of the construction industry to the national and state economies stretches beyond the direct impact of construction activity. The U.S. economy benefits from purchases related to, but not directly included in, construction projects, such as equipment for a new factory, furniture for an office or residential property, and appliances for commercial and residential units. Based on conservative estimates, these additional purchases add at least 2 percent to 3 percent to the impact of the construction industry on the economy. Read the rest of entry »