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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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News Releases

From the category archives: News Releases 2015

News Releases 2015

Year-End Construction Backlog Drops 1 Percent

Monday, February 23, 2015 3:33 PM
According to Associated Builders and Contractors (ABC), the Construction Backlog Indicator (CBI) for the fourth quarter of 2014 declined 0.1 months, or 1 percent.  Despite the quarter-over-quarter decline, backlog ended the year at 8.7 months, which is still 4.4 percent higher than one year ago.  
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Construction Materials Prices Plummet in First Month of 2015

Wednesday, February 18, 2015 10:58 AM
Construction input prices dipped 2 percent in January 2015 and have now failed to rise for six consecutive months, according to the Feb. 18 producer price index (PPI) release from the U.S. Department of Labor. On a year-over-year basis, construction input prices are down 3.6 percent. In addition, nonresidential construction input prices fell 2.1 percent on a monthly basis and 4.6 percent on a yearly basis.
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Nonresidential Construction Spending Expands in December

Monday, February 2, 2015 1:43 PM
Nonresidential construction spending expanded 0.4 percent on a monthly basis in December 2014, according to the Feb. 2 release from the U.S. Census Bureau. Spending for the month totaled $627.1 billion on a seasonally adjusted, annualized basis, 5.9 percent higher than December 2013. The government also upwardly revised November’s spending estimate from $617 billion to $624.8 billion and October’s figure from $623 billion to $627.4 billion. Read the rest of entry »

Construction Materials Prices Dip in December

Thursday, January 15, 2015 11:21 AM
Construction input prices dipped 1.4 percent during the final month of 2014 and are down nearly 1 percent on a year-over-year basis, according to the Jan. 15 producer price index release from the U.S. Department of Labor. Inputs to nonresidential construction fell even farther, down 1.7 percent for the month and 1.9 percent year over year. December’s report marks the sharpest decline in input prices since late 2008 during the global financial crisis and the fifth consecutive month construction materials prices have failed to rise.
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ABC Files Suit Against NLRB’s Ambush Election Rule

Tuesday, January 13, 2015 6:15 PM
Austin, Texas- Associated Builders and Contractors (ABC) of Texas and the Central Texas Chapter of ABC announced today they have filed a joint lawsuit with the National Federation of Independent Business (NFIB) Texas challenging the National Labor Relations Board’s (NLRB) ambush election final rule issued Dec. 12, 2014. The legal challenge was filed in the U.S. District Court for the Western District of Texas. The Texas office of Littler Mendelson, P.C., ABC’s general counsel, will represent ABC of Texas, the Central Texas Chapter of ABC and NFIB Texas in the case. Read the rest of entry »

Nonresidential Construction Hiring Surges

Friday, January 9, 2015 11:23 AM
The U.S. construction industry added 48,000 jobs in December, including 22,800 jobs in nonresidential construction, according to the Bureau of Labor Statistics (BLS) preliminary estimate released Jan. 9. November’s estimate was unchanged in this release, remaining at 20,000 net new construction jobs, but nonresidential construction’s November jobs figure was upwardly revised to 7,100 jobs.
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ABC Chooses Fringe Benefit Group as Strategic Partner for Ethics and Compliance

Tuesday, January 6, 2015 10:12 AM
Washington, D.C. – Associated Builders and Contractors (ABC) and Fringe Benefit Group, an industry leader in the design, implementation and administration of health and retirement plans for contractors, today announced they have signed a strategic partnership agreement. As ABC’s fourth strategic partner, Fringe Benefit Group will leverage its resources to assist ABC and its 70 chapters in supporting the ABC core value of helping members stay in compliance with government regulations and informed about important compliance information. 
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Nonresidential Construction Spending Dips in November

Friday, January 2, 2015 12:46 PM
Nonresidential construction spending fell 1 percent on a monthly basis in November, but has still managed to expand 4 percent on a year-over-year basis according to the January 2nd release from the U.S. Census Bureau. Spending for the month totaled $617 billion on a seasonally adjusted, annualized basis. Moreover, the government revised the October spending figure up from $611.8 billion to $622.9 billion. 
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