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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. Methodology for both indicators can be found hereABC construction economic releases are published according to this schedule 



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From the category archives: State Unemployment

Construction’s Contribution to Economy Increases in 30 States in 2015

Wednesday, August 17, 2016 9:00 AM
WASHINGTON, D.C., Aug. 17– The value added by the private construction industry as a percentage of gross domestic product (GDP) increased in 30 states and decreased in only six in 2015, according to a report released today by Associated Builders and Contractors (ABC). Nationally, construction’s direct contribution to GDP increased by 0.1 percent to 3.9 percent from 2014 to 2015. Read the rest of entry »

The Importance of Construction to State Economies: 2015 GDP Update

Wednesday, August 17, 2016 9:00 AM
Construction has always played a vital role in the nation’s economy despite some ups and downs. From 1999 through 2015, real (inflation-adjusted) construction investment (both residential and nonresidential) varied from 5.1 percent of real gross domestic product (GDP) in 2010 and 2011 to 9.4 percent of GDP in 1999. In 2014 and 2015, construction investment was 6 percent of GDP. Read the rest of entry »

June Construction Unemployment Rates Improve in 47 States from 2015

Monday, August 1, 2016 9:00 AM
WASHINGTON, D.C., Aug.1—June not seasonally adjusted (NSA) construction unemployment rates improved in 47 states and the nation on a year-over-year basis according to analysis released today by Associated Builders and Contractors (ABC). The national construction unemployment rate of 4.6 percent was 1.7 percent lower than a year ago according to data from the Bureau of Labor Statistics (BLS). Further, the industry boasted its lowest June rate since 2000 when it matched this June’s 4.6 percent rate. BLS data also showed that the industry employed 229,000 more people than in June 2015. Read the rest of entry »

May Construction Unemployment Rates Improve in 46 States from 2015

Tuesday, June 28, 2016 9:00 AM
WASHINGTON, D.C., June, 28—Construction unemployment rates improved in 46 states and the nation in May on a year-over-year basis according to analysis of Bureau of Labor Statistics data released today by Associated Builders and Contractors. The May national not seasonally adjusted (NSA) construction unemployment rate of 5.2 percent was 1.5 percent lower than a year ago while the industry employed 213,000 more people than in May 2015. Read the rest of entry »

April Construction Unemployment Rates Improve in 44 States from 2015

Wednesday, June 1, 2016 9:25 AM
WASHINGTON, D.C., June 1—Construction employment rates improved in 44 states and the nation in April on a year-over-year basis, according to analysis of Bureau of Labor Statistics (BLS) data released today by Associated Builders and Contractors. The not seasonally adjusted (NSA) construction unemployment rate of 6 percent was a 1.5 percent drop from April 2015, continuing a streak of consecutive monthly year-over-year rate declines that began in October 2010. National NSA employment in construction was 262,000 higher than in April 2015.
Read the rest of entry »

March Construction Unemployment Rates Improve in 30 States from 2015

Tuesday, April 26, 2016 9:00 AM
The March not seasonally adjusted (NSA) construction unemployment rates for the country and 30 states were lower than in March 2015, according to analysis by economist Bernard Markstein released today by Associated Builders and Contractors. March’s 0.8 percent decrease from a year ago marked five and a half years of consecutive monthly year-over-year rate declines. Meanwhile, March national NSA employment in construction was 298,000 higher than in March 2015.

Read the rest of entry »

February Construction Unemployment Rates Improve in 41 States from 2015

Wednesday, March 30, 2016 9:00 AM
Temperatures remained above normal for much of the country in February. However, precipitation rates were also above normal for much of the East and below normal for much of the West and parts of the South. These factors contributed to the not seasonally adjusted (NSA) construction unemployment rates for the nation maintaining a low February rate of 8.7 percent, a slight rise from January’s similarly low 8.5 percent rate. It was also the second lowest February national construction
unemployment rate going back to the beginning of the series in 2000, surpassed only by the 8.6 percent rate in February 2006. Read the rest of entry »

January Construction Unemployment Rates Improve in 43 States from 2015

Wednesday, March 23, 2016 8:30 AM
Unusually mild weather in much of the country continued into the first part of January but ended for the East near the end of the month with the brutal storm dubbed “Snowzilla.” The storm did not hit until after the reference week used for surveying employment and unemployment. This undoubtedly helped to temper the normal rise in the not seasonally adjusted (NSA) construction unemployment rates for the nation, which rose from a relatively low December rate of 7.5 percent to 8.5 percent in January. This is the lowest January national construction unemployment rate going back to the beginning of the series in January 2000. Read the rest of entry »

December Construction Unemployment Rates Improve in 32 States from 2014

Wednesday, February 3, 2016 10:00 AM
Unusually mild weather in much of the country persisted in December benefiting construction and reducing the size of the normal seasonal increase in construction unemployment rates. December marked the warmest, or one of the warmest, Decembers on record for most cities in the eastern half of the country. Not seasonally adjusted (NSA) construction unemployment rates for the country and 32 states were lower than in December 2014. The construction unemployment rates for three states—Illinois, Minnesota and Nebraska—were unchanged from a year ago. Read the rest of entry »

November Construction Unemployment Rates Improve in 37 States from 2014

Tuesday, January 5, 2016 9:12 AM
Unusually mild weather in much of the country coupled with general improvement in the nation’s economy benefited construction and consequently construction unemployment rates in November. Not seasonally adjusted (NSA) construction unemployment rates for the country and 37 states were lower than in November 2014. As of November, year-to-date seasonally adjusted (SA) employment in construction increased by 215,000 in the U.S. Meanwhile, NSA construction jobs nationally increased by 267,000 from November 2014 to November 2015. Read the rest of entry »