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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 



For media inquiries, please contact Rachel O’Grady, ABC’s media relations director, at ogrady@abc.org or (202) 905-2104.

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News Releases

From the category archives: News Releases 2018

News Releases 2018

Construction Material Prices Inch Down in July, Says ABC

Thursday, August 9, 2018 10:29 AM
WASHINGTON, Aug. 9—Prices for inputs to construction fell 0.2 percent in July but are 9.5 percent higher than a year ago, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data released today. Nonresidential construction input prices fell 0.3 percent in July but are up 9.6 percent year over year. Softwood lumber prices are up 19.5 percent from July 2017, while iron and steel prices are up 13.4 percent. Read the rest of entry »

Construction Adds 19,000 Jobs as Unemployment Plummets in July, Says ABC

Friday, August 3, 2018 10:45 AM
WASHINGTON, Aug. 3—The U.S. construction industry added 19,000 net new jobs in July after adding 13,000 net new jobs in June, according to an Associated Builders and Contractors analysis of data supplied by the U.S. Bureau of Labor Statistics. The industry has added 308,000 net new jobs since the first of the year, a robust increase of 4.4 percent. Read the rest of entry »

Nonresidential Construction Spending Dips in June, Says ABC

Wednesday, August 1, 2018 11:46 AM
WASHINGTON, Aug. 1—Nonresidential construction spending contracted 1.6 percent on a monthly basis in June, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data released today. Spending totaled $742.4 billion on a seasonally adjusted annual rate for the month, a 4.2 percent increase from the same time one year ago. Private nonresidential spending fell 0.3 percent in June, while public nonresidential spending contracted by 3.5 percent.

Read the rest of entry »

ABC Applauds Reauthorization of Perkins Act to Drive Workforce Education

Tuesday, July 31, 2018 2:26 PM
WASHINGTON, July 31—Associated Builders and Contractors today praised Congress and the administration for passing a bipartisan reauthorization of the Carl D. Perkins Career and Technical Education Act, one of the key federal programs that supports vocational education programs that align with local workforce needs and lead to industry-recognized credentials. Read the rest of entry »

June Construction Unemployment Rates Down in 15 States Year Over Year, Says ABC

Tuesday, July 31, 2018 9:45 AM
WASHINGTON, July 31—Estimated June construction unemployment rates fell in 15 states on a year-over-year basis, rose in 33 states and were unchanged in two states (Arizona and New Hampshire), according to an analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. Read the rest of entry »

Nonresidential Fixed Investment Surges in Second Quarter, Says ABC

Friday, July 27, 2018 11:05 AM
WASHINGTON, July 27—The U.S. economy expanded at an annualized 4.1 percent rate during the second quarter of 2018—the fastest rate of quarterly growth since the second quarter of 2014, according to an Associated Builders and Contractors analysis of U.S. Bureau of Economic Analysis data released today. Read the rest of entry »

ABC Calls for Expanding Apprenticeship Opportunities in Congressional Testimony

Thursday, July 26, 2018 10:40 AM
WASHINGTON, July 26—On behalf of Associated Builders and Contractors, Mike Holland, chief operating officer, MAREK Companies, testified today before the U.S. Senate Committee on Health, Education, Labor and Pensions about the need to modernize and expand apprenticeship opportunities in the United States. In his testimony, Holland outlined the construction industry’s workforce de Read the rest of entry »

ABC, Industry Groups Urge President Trump to Reverse Obama-era Policy on Project Labor Agreements

Tuesday, July 24, 2018 3:40 PM
WASHINGTON, July 24, 2018—Associated Builders and Contractors joined a coalition of construction and business associations urging President Trump to eliminate government-mandated project labor agreements and allow all qualified contractors to compete for federal and federally assisted taxpayer-funded construction projects. Read the rest of entry »

ABC Commits to Education Goals at White House ‘Pledge to America’s Workers’ Event

Thursday, July 19, 2018 4:09 PM
WASHINGTON, July 19—Associated Builders and Contractors signed on to President Trump’s “Pledge to America’s Workers” today, committing to educating and developing at least 500,000 construction workers over the next five years. Read the rest of entry »

ABC Applauds Rescission of the DOL’s Overreaching Persuader Rule

Tuesday, July 17, 2018 1:34 PM
WASHINGTON, July 17—Associated Builders and Contractors today issued the following statement in response to the U.S. Department of Labor’s announcement that it is rescinding the final persuader rule. Read the rest of entry »