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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

Construction Material Prices Plunge in November

Friday, December 11, 2015 11:15 AM
WASHINGTON, D.C., Dec. 11- Construction input prices fell for the fifth consecutive month in November according to an analysis of the Bureau of Labor Statistics’ Producer Price Index released today by Associated Builders and Contractors (ABC). Input prices fell 0.4 percent on a monthly basis and are down 4.2 percent on a year-over-year basis. Nonresidential construction prices behaved similarly, falling 0.5 percent month-over-month and 4.6 percent year-over-year. Only two of the 11 key input prices have risen since November 2014. Read the rest of entry »

Gov. Kasich Addresses ABC Member Concerns in TeleForum

Thursday, December 10, 2015 4:20 PM
WASHINGTON, D.C., Dec. 10 – Presidential candidate Gov. John Kasich (R-Ohio) addressed and responded to questions from members of a coalition of major nationwide business groups in a TeleForum today. Kasich answered questions from members of Associated Builders and Contractors (ABC), Associated General Contractors, Business-Industry Political Action Committee, National Association of Manufacturers, National Federation of Independent Business and National Retail Federation. Read the rest of entry »

ABC Predicts Continued Growth for the Construction Industry in 2016

Monday, December 7, 2015 3:14 PM
WASHINGTON, D.C., Dec. 7 – Associated Builders and Contractors (ABC) forecasts a continued steady economic recovery for the U.S. commercial and industrial construction industries in 2016. Despite a weak global economy, the industry’s solid economic recovery in 2015 should continue in 2016, led by strong consumer spending. Read the rest of entry »

Construction Industry Leads November Jobs Report

Friday, December 4, 2015 11:29 AM
Construction employment expanded by 46,000 net new jobs in November after adding 34,000 jobs in October (revised upward by 3,000), according to an analysis of today’s employment release from the U.S. Department of Labor provided by Associated Builders and Contractors Chief Economist Anirban Basu..  Nonresidential construction employment increased by 9,300 jobs in November after adding 19,400 jobs during the prior month (revised downward from 20,100). The residential construction sector added 32,100 positions in November after adding just 8,500 jobs in October.
Read the rest of entry »

Nonresidential Spending Retains Momentum in October

Tuesday, December 1, 2015 12:31 PM
WASHINGTON, D.C., Dec. 1- Nonresidential construction spending expanded in October for the third consecutive month (September’s estimate was revised higher than August’s) according to analysis of   U.S. Census Bureau data released by Associated Builders and Contractors (ABC) today.  Nonresidential construction spending totaled $701.8 billion in October on a seasonally adjusted annualized rate, a 1 percent increase on a monthly basis and an 11 percent increase on a yearly basis. Read the rest of entry »

Construction Material Prices Fall Further in October

Friday, November 13, 2015 12:01 PM
WASHINGTON, D.C., Nov. 13- The Producer Price Index for inputs to construction industries declined for a fourth consecutive month in October, according to an analysis of the Bureau of Labor Statistics data released today by Associated Builders and Contractors (ABC). The index stands at its lowest level since the first quarter of 2011 as prices for construction inputs declined 0.2 percent on a monthly basis and 4.6 percent on a year-ago basis. Nonresidential construction input prices exhibit a similar pattern, falling 0.3 percent since last month and 5.1 percent over the past twelve months. Nine of 11 key input prices are down on a year-over-year basis.
Read the rest of entry »

Construction’s Percentage Job Gains Lead All Economic Sectors in October

Friday, November 6, 2015 11:23 AM
WASHINGTON, D.C., Nov. 6—The U.S. construction industry added more jobs in October than during the previous four months combined, according to an analysis of Bureau of Labor Statistics data released today by Associated Builders and Contractors (ABC). Construction employment expanded by 31,000 net new jobs last month after adding 12,000 jobs in September (revised upward from 8,000). Nonresidential construction employment increased by 20,100 jobs in October after adding 11,100 jobs in September (revised upward from 6,800). Read the rest of entry »

ABC, AIA & NAHB Economists Predict Residential & Nonresidential Construction Growth in 2016

Tuesday, November 3, 2015 3:10 PM
WASHINGTON, D.C., Nov. 3 – Associated Builders and Contractors (ABC) Chief Economist Anirban Basu, American Institute of Architects (AIA) Chief Economist Kermit Baker and National Association of Home Builders (NAHB) Chief Economist David Crowe predicted continued construction industry growth in 2016 today during a joint economic forecast  web conference. Read the rest of entry »

September’s Nonresidential Spending Slip No Cause for Concern, ABC Says

Monday, November 2, 2015 1:16 PM
WASHINGTON, D.C., Nov. 2—Nonresidential construction spending fell in September for the first time in eight months, the U.S. Census Bureau reported today, but the monthly drop in spending is not a cause for concern according to analysis by Associated Builders and Contractors (ABC). Nonresidential construction spending fell by 0.1 percent from August, totaling $692.8 billion on a seasonally adjusted annualized basis. Read the rest of entry »

September Construction Unemployment Rates Improve in 48 States from 2014

Friday, October 30, 2015 9:00 AM
September proved to be a good month for construction unemployment rates. The not seasonally adjusted (NSA) construction unemployment rates for the country and 48 states were down in September on a year-over-year basis. For the first three quarters of the year, construction added 121,000 seasonally adjusted (SA) jobs. At the same time, NSA jobs increased by 199,000 from September 2014 to September 2015. Read the rest of entry »