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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 2017

News Releases 2017

National Construction Unemployment Rate Ticks Up to 4.9 Percent in July

Wednesday, September 6, 2017 8:30 AM
WASHINGTON, Sept. 6—The national not seasonally adjusted (NSA) construction unemployment rate was 4.9 percent in July, up 0.4 percent from a year ago, but still the third lowest July rate on record—matching the July 2001 rate, the U.S. Bureau of Labor Statistics (BLS) reported. Unemployment rates increased in 34 states on a year-over-year basis, but the construction industry employed 186,000 more workers than in July 2016, according to an analysis released today by Associated Builders and Contractors (ABC). Rates fell in 14 states and were unchanged in two.

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Nonresidential Construction Plunges Again; Public and Private Sector Down in July

Friday, September 1, 2017 12:18 PM
WASHINGTON, Sept. 1—Nonresidential construction spending fell 1.7 percent in July, totaling $688.4 billion on a seasonally adjusted, annualized basis, according to an analysis by Associated Builders and Contractors (ABC) of data released today by the U.S. Census Bureau. The absolute level of nonresidential construction spending was at its lowest point since December 2015.  
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Nonresidential Construction Job Growth Accelerates; Unemployment Falls to 4.7 Percent

Friday, September 1, 2017 10:45 AM

WASHINGTON, Sept. 1—National construction employment rebounded in August, adding 28,000 net new jobs on a seasonally adjusted basis, according to today’s release from the U.S. Bureau of Labor Statistics. It was the best month for job gains in construction since February, according to analysis by Associated Builders and Contractors (ABC). 
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ABC Praises Trump Administration Regulatory Rollbacks in SBA Testimony

Monday, August 28, 2017 10:57 AM
WASHINGTON, Aug. 28—Associated Builders and Contractors (ABC) today praised the Trump administration’s efforts to roll back burdensome regulations that drive up construction costs and hold back small business hiring and expansion. 

Testifying at the 2017 National Regulatory Fairness Hearing at the U.S. Small Business Administration Office of the National Ombudsman on Aug. 28, ABC General Counsel Maury Baskin Esq. of Littler Mendelson P.C. urged action on the “persuader,” overtime and silica rules, the new “joint employer” standard, and other onerous rulemakings and policies.
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Construction Input Prices Plod Higher, Energy Prices Down

Thursday, August 10, 2017 9:54 AM
WASHINGTON, Aug. 10—Construction input prices increased 0.3 percent in July and are up 3 percent on a year-over-year basis, according to an Associated Builders and Contractors (ABC) analysis of data released today by the Bureau of Labor Statistics.  Nonresidential construction input prices were in line with overall industry dynamics, increasing 0.3 percent for the month and 2.7 percent for the year.  
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Nonresidential Construction Job Growth Softens in July

Friday, August 4, 2017 10:10 AM
WASHINGTON, Aug. 4—National construction employment growth remained tepid in July, with approximately 6,000 net new jobs added on a seasonally adjusted basis, according to an analysis by Associated Builders and Contractors (ABC) of data from the U.S. Bureau of Labor Statistics. The residential construction segment added 7,200 net new jobs in July, but employment in the nation’s nonresidential construction sector declined by 1,700 positions after 9,900 jobs were added on net in June.  
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Nonresidential Construction Spending Plummets in June, Driven by Public Sector

Tuesday, August 1, 2017 12:16 PM
WASHINGTON, Aug. 1—Nonresidential construction spending fell by 2 percent on a monthly basis in June 2017, totaling $697 billion on a seasonally adjusted, annualized basis according to an analysis of U.S. Census Bureau data released today by Associated Builders and Contractors. June represents the first month during which spending has dipped below the $700 billion per year threshold since January 2016.
WASHINGTON, Aug. 1—Nonresidential construction spending fell by 2 percent on a monthly basis in June 2017, totaling $697 billion on a seasonally adjusted, annualized basis according to an analysis of U.S. Census Bureau data released today by Associated Builders and Contractors. June represents the first month during which spending has dipped below the $700 billion per year threshold since January 2016.
WASHINGTON, Aug. 1—Nonresidential construction spending fell by 2 percent on a monthly basis in June 2017, totaling $697 billion on a seasonally adjusted, annualized basis according to an analysis of U.S. Census Bureau data released today by Associated Builders and Contractors. June represents the first month during which spending has dipped below the $700 billion per year threshold since January 2016.
WASHINGTON, Aug. 1—Nonresidential construction spending fell by 2 percent on a monthly basis in June 2017, totaling $697 billion on a seasonally adjusted, annualized basis according to an analysis of U.S. Census Bureau data released today by Associated Builders and Contractors. June represents the first month during which spending has dipped below the $700 billion per year threshold since January 2016.
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U.S. Economic Growth Accelerates in Second Quarter; Nonresidential Fixed Investment Maintains Momentum, Says ABC

Friday, July 28, 2017 11:04 AM

WASHINGTON, July 28—Real gross domestic product (GDP) expanded by 2.6 percent on a seasonally adjusted annualized basis during the year’s second quarter, according to Associated Builders and Contractors’ analysis of data released today by the Bureau of Economic Analysis. Nonresidential fixed investment, a category of GDP embodying nonresidential construction activity, expanded at a 5.2 percent seasonally adjusted annual rate. This follows a 7.2 percent expansion during the first quarter.
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National Construction Unemployment Rate Falls to 4.5 Percent, the Lowest June Rate on Record

Thursday, July 27, 2017 3:01 PM
WASHINGTON, Aug. 1—In June, the not seasonally adjusted (NSA) construction unemployment rate was 4.5 percent, down 0.1 percent from a year ago and the lowest June rate on record, according to data from the U.S. Bureau of Labor Statistics (BLS). According to an analysis released today by Associated Builders and Contractors (ABC), NSA construction unemployment rates were down in 31 states on a year-over-year basis, and the construction industry employed 204,000 more workers than in June 2016. 
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ABC Applauds Introduction of the Save Local Business Act to Rein In ‘Joint Employer’ Standard

Thursday, July 27, 2017 12:29 PM
WASHINGTON, July 28--Kristen Swearingen, vice president of Legislative & Political Affairs at Associated Builders and Contractors and chair of the Coalition for a Democratic Workplace, today issued the following statement on the introduction of the Save Local Business Act, which would roll back the Obama administration’s expanded definition of “joint employer” under the National Labor Relations Act and Fair Labor Standards Act:
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