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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 2016

News Releases 2016

New OSHA Electronic Recordkeeping Rule Creates Series of Problems

Wednesday, May 11, 2016 10:40 AM
WASHINGTON, D.C., May 11 – Associated Builders and Contractors (ABC) today released the following statement in reaction to the release of the Occupational Safety and Health Administration's (OSHA) final rule on Tracking of Workplace Injuries and Illnesses, commonly referred to as “electronic recordkeeping.” 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 »

ABC Report: Safety Best Practices Can Make Construction Companies 720% Safer

Thursday, May 5, 2016 3:01 PM
WASHINGTON, D.C., May 5—In observance of Safety Week, Associated Builders and Contractors (ABC) today released its 2016 Safety Performance Report to further the industry’s understanding of how to make construction jobsites safer. Packed with infographics and practical takeaways, the report documents the dramatic impact of using proactive safety practices to reduce recordable incidents by up to 86 percent, making the best-performing companies 720 percent safer than the industry average. 
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 »

ABC Lauds Passage of Amendment Protecting Contractors From ‘Blacklisting’ Proposal

Thursday, April 28, 2016 10:53 AM
WASHINGTON, D.C., April 28 – Associated Builders and Contractors (ABC) today praised the adoption of an amendment to the National Defense Authorization Act (NDAA) that undermines the harmful Fair Pay and Safe Workplaces proposed rule and guidance. Introduced by Rep. John Kline (R-Minn.) and Rep. Joe Wilson (R-S.C.), the amendment would exclude the Department of Defense (DoD) and the National Nuclear Security Administration (NNSA) from the controversial “Fair Pay and Safe Workplaces” proposed rule and guidance, commonly referred to as the “blacklisting” proposal. 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 »

Construction Industry Faces Highest Tax Burden, According to U.S. Treasury

Friday, April 15, 2016 9:00 AM
WASHINGTON, D.C., April 15– Construction shoulders a bigger tax burden than any other industry in the United States with an effective rate over 30 percent, according to a new report from the U.S. Department of the Treasury. Associated Builders and Contractors (ABC) responded to the report by urging lawmakers to pass tax reform that would encourage economic growth by lowering rates for both corporate and pass-through businesses.

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 »