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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

More Than 200 Top Craftworkers to Compete at ABC’s National Craft Championships

Tuesday, February 16, 2016 8:00 AM
WASHINGTON, D.C., Feb. 16– Associated Builders and Contractors (ABC) today announced that more than 200 of the top construction apprentices and trainees in the country will compete in this year’s National Craft Championships, March 2-3 at the Greater Fort Lauderdale/Broward County Convention Center in Fort Lauderdale, Fla. Read the rest of entry »

ABC Praises State AGs' Opposition to Flawed Persuader Rule

Monday, February 8, 2016 4:59 PM
WASHINGTON, D.C., Feb. 8 – Associated Builders and Contractors (ABC) today issued the following statement in support of a letter sent to Office of Information and Regulatory Affairs (OIRA) Administrator Howard Shelanski by 13 state attorneys general opposing the U.S. Department of Labor’s (DOL) proposed Persuader Advice Exemption Rule (“persuader rule”). Read the rest of entry »

Construction Unemployment Rose in January

Friday, February 5, 2016 11:36 AM
WASHINGTON, D.C., Feb. 5—The U.S. construction industry’s unemployment rate rose to 8.5 percent in January, the highest level since March of 2015, according to an analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors (ABC). The unemployment rate across all industries shed a tenth of a percentage point and now sits at 4.9 percent, the lowest level since February of 2008. Read the rest of entry »

Associated Builders and Contractors Announces New Government Affairs Team Leads

Wednesday, February 3, 2016 11:47 AM
AssociatedBuilders and Contractors (ABC) today announced that it has promoted two staffers to lead its government affairs team. Ben Brubeck will serve as ABC’s vice president of regulatory, labor and state affairs; and Kristen Swearingen will serve as vice president of legislative and political affairs. 
Read the rest of entry »

December Construction Unemployment Rates Improve in 32 States from 2014

Wednesday, February 3, 2016 10:00 AM
Unusually mild weather in much of the country persisted in December benefiting construction and reducing the size of the normal seasonal increase in construction unemployment rates. December marked the warmest, or one of the warmest, Decembers on record for most cities in the eastern half of the country. Not seasonally adjusted (NSA) construction unemployment rates for the country and 32 states were lower than in December 2014. The construction unemployment rates for three states—Illinois, Minnesota and Nebraska—were unchanged from a year ago. Read the rest of entry »

Nonresidential Spending Falls Again in December

Monday, February 1, 2016 2:18 PM
WASHINGTON, D.C. Feb. 1—Nonresidential construction spending dipped for a second consecutive month, falling 0.4 percent on a monthly basis in December, according to analysis of U.S. Census Bureau data released today by Associated Builders and Contractors (ABC). Nonresidential construction spending totaled $681.2 billion on a seasonally adjusted, annualized basis. November’s nonresidential construction spending estimate was revised lower by 0.6 percent to $683.7 billion.  Read the rest of entry »

Tepid GDP Growth a Sign Construction Spending May Sputter; Decline Unlikely

Friday, January 29, 2016 12:56 PM
Real gross domestic product (GDP) expanded by just 0.7 percent (seasonally adjusted annual rate) during the fourth quarter of 2015, according to an analysis of the Bureau of Economic Analysis data released today by Associated Builders and Contractors (ABC). This paltry growth follows a 2 percent increase during the year’s third quarter and a 3.9 percent increase during the second quarter. For the year, GDP expanded by 2.4 percent, matching the rate of growth seen in 2014. Read the rest of entry »

Construction Material Prices Continue Free Fall in December

Friday, January 15, 2016 10:25 AM
Construction material prices fell for the sixth consecutive month in December, losing 1.2 percent on a monthly basis and 4 percent on a yearly basis according to an analysis of the Bureau of Labor Statistics Producer Price Index released today by Associated Builders and Contractors (ABC). Construction input prices have fallen 7.2 percent since peaking in August 2014, and have fallen in eleven of the previous sixteen months. Nonresidential construction input prices exhibited similar declines, falling 1.1 percent for the month and 4 percent for the year. Read the rest of entry »

ABC Applauds House Effort to Overturn Waters of the US Rule

Wednesday, January 13, 2016 12:35 PM
WASHINGTON, D.C., Jan. 13 – Associated Builders and Contractors (ABC) today released the following statement on the U.S. House of Representatives passage of S.J. Res. 22, which requires the withdrawal of the controversial Waters of the U.S. (WOTUS) rule under the Congressional Review Act. The bill passed by a vote of 253-166. Read the rest of entry »

ABC Lauds Bill to Increase Competition on Federal Construction Contracts

Tuesday, January 12, 2016 11:30 AM
WASHINGTON, D.C., Jan. 12 – Associated Builders and Contractors (ABC) today applauded the House Committee on Oversight and Government Reform’s favorable reporting of the Government Neutrality in Contracting
Act (H.R. 1671) out of committee. The bill, introduced by Rep. Mulvaney (R-S.C.), will increase fair and open competition on federal and federally funded construction projects by preventing federal agencies from requiring contractors to sign project labor agreements (PLA) as a condition of winning federal or federally assisted construction contracts. Read the rest of entry »