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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. Please note, ABC's news releases on state construction unemployment have been temporarily paused. 

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: Construction Economics

Construction Economics

Construction Job Losses Worst Since 2013, ABC Reports

Friday, June 3, 2016 10:56 AM
WASHINGTON, D.C., June 3—The U.S. construction industry lost 15,000 net jobs in May according to an analysis of today’s U.S. Bureau of Labor Statistics report by Associated Builders and Contractors (ABC). This represents the industry’s worst month since December 2013, when payrolls also shrank by 15,000 jobs. Including April’s estimate, which was downwardly revised from 1,000 net new jobs to a loss of 5,000 net jobs, the industry has now lost jobs in two consecutive months for the first time in four years. Read the rest of entry »

Nonresidential Construction Spending Down in April

Wednesday, June 1, 2016 12:36 PM
WASHINGTON, D.C., June 1- Nonresidential construction spending fell 2.1 percent in April according to analysis of  U.S. Census Bureau data released today by Associated Builders and Contractors (ABC). Nonresidential spending totaled $688.2 billion on a seasonally adjusted, annualized rate. 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 »

Construction Material Prices Rise Month-to-Month, Remain Historically Low

Friday, May 13, 2016 9:17 AM
WASHINGTON, D.C., May 13—Construction input prices expanded on a monthly basis for the second consecutive month in April, increasing by 0.5 percent according to an analysis of the Bureau of Labor Statistics (BLS) Producer Price Index released today by Associated Builders and Contractors (ABC). The two-month growth streak follows nine consecutive months during which construction input prices fell and construction input prices remain 2.9 percent below their April 2015 levels. Read the rest of entry »

Nonresidential Construction Expands, Industry Unemployment Rate Plunges

Friday, May 6, 2016 12:15 PM
WASHINGTON, D.C., May 6- The U.S. construction industry added just 1,000 net new jobs in April according to an analysis of today’s U.S. Bureau of Labor Statistics (BLS) release by Associated Builders and Contractors (ABC). Although industrywide job growth was marginal, the nonresidential construction sector added 6,600 net new jobs for the month. Revisions to the previous two months of construction data produced a net decrease of 3,000 jobs, with March’s construction employment estimate raised by 4,000 jobs but February’s downgraded by 7,000 positions. Read the rest of entry »

Nonresidential Spending Slips in March

Monday, May 2, 2016 12:29 PM
WASHINGTON, D.C., May 2- Nonresidential construction spending fell 0.4 percent on a monthly basis in March, according to analysis of U.S. Census Bureau data released today by Associated Builders and Contractors (ABC), but it was up 8.3 percent on a year-over-year basis to $695.7 billion. Eight of 16 nonresidential construction subsectors experienced monthly spending growth in March and twelve are up on a year-ago basis.   Read the rest of entry »

Quarterly GDP Growth Slowest in Two Years

Thursday, April 28, 2016 12:55 PM
WASHINGTON, D.C., April 28— Real gross domestic product (GDP) expanded only 0.5 percent (seasonally adjusted annual rate) during 2016’s first quarter according to an analysis of Bureau of Economic Analysis data released today by Associated Builders and Contractors (ABC). This disappointing figure follows a 1.4 percent annualized rate of economic output expansion during the fourth quarter of 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 »

Contractor Confidence Down, But Not Out

Thursday, April 14, 2016 8:43 AM
WASHINGTON, D.C., April 14—Associated Builders and Contractors’ (ABC) Construction Confidence Index (CCI) showed a slight dip in the second half of 2015, although all three components of the index showed optimism for continued economic growth. The diffusion index measures forward-looking construction industry expectations in sales, profit margins and staffing levels, with readings above 50 indicating growth. Read the rest of entry »

Construction Material Prices Rise for First Time in Nine Months

Wednesday, April 13, 2016 11:06 AM
WASHINGTON, D.C., April 13-Construction input prices rose on a monthly basis in March for the first time in nine months according to an analysis of the Bureau of Labor Statistics (BLS) Producer Price Index released today by Associated Builders and Contractors (ABC). Input prices expanded 0.9 percent on a monthly basis in March but are still down 3.4 percent on a year-over-year basis. Read the rest of entry »
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