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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 



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From the category archives: Construction Economics

Construction Economics

Nonresidential Spending Expands Again in February, Says ABC

Monday, April 1, 2019 12:13 PM
WASHINGTON, April 1—According to an Associated Builders and Contractors analysis of U.S. Census Bureau data released today, national nonresidential construction spending rose 1.2 percent in February. Seasonally adjusted nonresidential spending totaled $773.8 billion, a 4.8 percent increase over the same time last year. Read the rest of entry »

Construction Contractors Regain Confidence in January 2019, Says ABC

Thursday, March 21, 2019 9:37 AM
WASHINGTON, March 19—Construction industry leaders remained confident regarding the nonresidential construction sector’s prospects during the January 2019, according to the latest Construction Confidence Index released today by Associated Builders and Contractors., March 19—Construction industry leaders remained confident regarding the nonresidential construction sector’s prospects during the January 2019, according to the latest Construction Confidence Index released today by Associated Builders and Contractors. Read the rest of entry »

January Construction Unemployment Rates Down in 48 States Year Over Year, Says ABC

Wednesday, March 20, 2019 9:20 AM
WASHINGTON, March 20—Estimated January not seasonally adjusted construction unemployment rates fell nationally and in 48 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. Read the rest of entry »

ABC’s Construction Backlog Indicator Declines Sharply in January 2019

Monday, March 18, 2019 8:13 PM
WASHINGTON, March 19—Associated Builders and Contractors reported today that its Construction Backlog Indicator contracted to 8.1 months during January 2019, down 0.8 months or 9.3 percent compared to 8.9 months in the fourth quarter of 2018. Read the rest of entry »

Construction Input Prices Rise for First Time Since October, Says ABC

Wednesday, March 13, 2019 12:43 PM
WASHINGTON, March 13—According to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data released today, construction input prices rose 0.9 percent monthly in February and 1.8 percent in the past 12 months. Inputs to nonresidential construction were up 1 percent monthly and 2.7 percent on a yearly basis. This is the first time that input prices have risen since October 2018, when prices increased by 0.5 percent.  Read the rest of entry »

Jobs Decline in Construction Sector for the First Time in More Than Two Years, Says ABC

Friday, March 8, 2019 10:33 AM
WASHINGTON, March 8—According to an analysis by the Associated Builders and Contractors of data released today by the U.S. Bureau of Labor Statistics, the construction industry lost 31,000 net new jobs in February. Overall, nonresidential employment decreased by 20,400 net new positions compared to January, with losses split between nonresidential building (-3,000), heavy and civil engineering (-13,200) and nonresidential specialty contractors (-4,200). However, industry employment is up 223,000 jobs since February 2018, an increase of 3.1 percent. Read the rest of entry »

U.S. Economic Growth Softens in Final Quarter of 2018, Says ABC

Wednesday, March 6, 2019 3:40 AM
WASHINGTON, Feb. 28—The U.S. economy grew at an annual rate of 2.6 percent in the fourth quarter of 2018, according to an Associated Builders and Contractors analysis of data published today by the U.S. Bureau of Economic Analysis. Year-over-year GDP growth was 3.1 percent, while average growth for 2018 was 2.9 percent. Read the rest of entry »

Construction Contractors Lose Confidence in Q4 But Remained Upbeat Heading Into 2019, Says ABC

Thursday, February 21, 2019 9:30 AM
WASHINGTON, Feb. 21—Construction industry leaders remained predominantly confident about the nonresidential construction sector’s prospects during the final quarter of 2018, according to the latest Construction Confidence Index released today by Associated Builders and Contractors. Read the rest of entry »

Construction Input Price Declines Carry into 2019, Says ABC

Thursday, February 14, 2019 10:38 AM
WASHINGTON, Feb. 14—Construction input prices fell
0.7 percent on a monthly basis in January yet are up 1.6 percent year-over-year
according to an Associated Builders and Contractors analysis of U.S. Bureau of
Labor Statistics data released today. Construction input prices have declined
for three consecutive months and in four of the previous six months. Read the rest of entry »

Nonresidential Construction Spending Dips in November, Says ABC

Friday, February 1, 2019 12:20 PM
WASHINGTON, Feb. 1—National nonresidential construction spending declined 1 percent in November, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data released today. The release of November data, originally scheduled for Jan. 3, was delayed by the partial government shutdown.   Read the rest of entry »