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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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News Releases

From the category archives: News Releases 2016

News Releases 2016

Associated Builders and Contractors Files Suit Against ‘Blacklisting’ Rule

Friday, October 7, 2016 4:19 PM
WASHINGTON, D.C., Oct. 7– Associated Builders and Contractors (ABC) and its ABC Southeast Texas Chapter announced today that they have filed a lawsuit challenging the Fair Pay and Safe Workplaces final rule, commonly referred to as the “blacklisting” rule, which was released Aug. 25, 2016. The legal challenge was filed in the U.S. District Court for the Eastern District of Texas, Beaumont Division, by the Texas office of Littler Mendelson, P.C., ABC National’s general counsel. The firm will represent ABC, the ABC Southeast Texas Chapter and the National Association of Security Companies (NASCO) in the lawsuit. Read the rest of entry »

Construction Employment Rebounds with Strong September Report

Friday, October 7, 2016 12:04 PM
WASHINGTON, D.C., Oct. 7—The construction industry rebounded in a meaningful way in September by gaining 23,000 net new jobs on a monthly basis after losing 5,000 net jobs in August, according to an analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors (ABC). Despite the broader industry gains, the nonresidential sector added just 2,700 net new jobs for the month, while the residential sector added 15,700 new positions. The heavy and civil engineering subsector added 4,300 net new jobs after losing 23,200 positions over the previous five-month period. Read the rest of entry »

Nonresidential Spending Slips in August

Monday, October 3, 2016 12:56 PM
WASHINGTON, D.C., Oct. 3—Nonresidential construction spending fell for a second consecutive month in August, according to analysis of U.S. Census Bureau data released today by Associated Builders and Contractors (ABC). Nonresidential spending totaled $686.6 billion on a seasonally adjusted, annualized basis for the month, 1.1 percent lower than July’s total of $694.1 billion (revised down from $701 billion) and 1.3 percent below August 2015’s figure. Read the rest of entry »

Associated Builders and Contractors Applauds Passage of House Bill to Delay Overtime Rule

Thursday, September 29, 2016 2:32 PM
WASHINGTON, D.C., Sept. 29–Associated Builders and Contractors (ABC) today applauded the U.S. House of Representatives passage of legislation that would delay implementation of the U.S. Department of Labor (DOL) Wage and Hour Division’s costly and burdensome final overtime rule. The bill, the Regulatory Relief for Small Businesses, Schools, and Nonprofits Act (H.R. 6094), passed the House with bipartisan support by a vote of 246-177 on Sept. 28. Read the rest of entry »

Construction Unemployment Rates Improve in 48 States in August

Thursday, September 29, 2016 9:00 AM
WASHINGTON, D.C., Sept. 29— August not seasonally adjusted (NSA) construction unemployment rates improved in 48 states and the nation on a year-over-year basis, according to an analysis released today by Associated Builders and Contractors (ABC). The national NSA construction unemployment rate of 5.1 percent was 1 percent lower than a year ago, according to data from the Bureau of Labor Statistics (BLS), producing the lowest August construction unemployment rate on record. BLS data also showed that the industry employed 183,000 more people than in August 2015. Read the rest of entry »

ABC Files Suit Against DOL’s Overtime Rule

Tuesday, September 20, 2016 4:22 PM
WASHINGTON, D.C., Sept. 20 – Associated Builders and Contractors (ABC) and a coalition of business groups today filed suit against the U.S. Department of Labor (DOL) Wage and Hour Division’s costly and burdensome final overtime rule. The legal challenge was filed in the U.S. District Court for the Eastern District of Texas. Read the rest of entry »

Backlog Skyrockets for Largest Firms During Second Quarter, But Falls to 8.5 Months Overall

Tuesday, September 20, 2016 9:00 AM
WASHINGTON, D.C., Sept. 20–Construction backlog for large contractors reached a new peak of 14.06 months during the second quarter of 2016, according to the Associated Builders and Contractors (ABC) Construction Backlog Indicator (CBI) released today. The new high for companies with annual revenue above $100 million shattered the previous high of 12.25 months for any revenue segment, which was recorded in the first quarter of 2016 and second quarter of 2013. Read the rest of entry »

Construction Input Prices Dip in August

Thursday, September 15, 2016 10:31 AM
WASHINGTON, D.C., Sept. 15—Both nonresidential construction input prices and overall input prices fell in August as energy prices retrenched, according to an analysis of the Bureau of Labor Statistics Producer Price Index released today by Associated  Builders and Contractors (ABC). Nonresidential construction input prices were down 0.2 percent on a month-over-month basis and 1.7 percent on a year-over-year basis. Read the rest of entry »

Construction Employment Falters in August

Friday, September 2, 2016 10:22 AM
WASHINGTON, D.C., Sept. 2—The U.S. construction industry lost 6,000 net jobs in August according to an analysis of U.S. Bureau of Labor Statistics (BLS) data released today by Associated Builders and Contractors (ABC). BLS also downwardly revised July’s estimate from 14,000 net new jobs to 11,000 net new jobs meaning that the construction industry has lost 25,000 net jobs since April after adding 68,000 through the first three months of 2016. Read the rest of entry »

Nonresidential Spending Inches Lower in July; June Data Upwardly Revised to Eight-year Record

Thursday, September 1, 2016 2:09 PM
WASHINGTON, D.C., Sept. 1—Nonresidential construction spending inched 0.3 percent lower in July largely due to a significant upward revision to June’s spending figure, according to analysis of U.S. Census Bureau data released today by Associated Builders and Contractors (ABC). Nonresidential spending totaled $701.4 billion on a seasonally adjusted annualized basis in July, the second highest month since November of 2008, right behind June, which was revised upward from $682 billion to $703.5 billion. Public nonresidential spending continued to falter, declining 3.2 percent for the month and 6.5 percent for the year. Read the rest of entry »