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ABC issues news releases on the latest policy and construction-related economic data and trend news. Commercial and industrial economic releases include monthly analyses of federal data reports on construction spending, employment, the Producer Price Index and quarterly GDP. ABC construction economic releases are produced according to this schedule.


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From the monthly archives: March 2014

We are pleased to present below all posts archived in 'March 2014'. If you still can't find what you are looking for, try using the search box.

ABC and CNA to Focus on Key Safety Themes During 3rd Year of Strategic Partnership

Wednesday, March 19, 2014 2:30 PM
Associated Builders and Contractors (ABC) and CNA today announced that during their third year as strategic partners, the groups will collaborate on driving the construction industry toward world class safety by targeting specific safety issues each quarter. Their outreach and education efforts will include webinars and CNA safety resources for ABC members to use to promote workplace safety industry-wide. 
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Level of Confidence Rises Among Contractors

Tuesday, March 18, 2014 10:51 AM
Gains in the Associated Builders and Contractors’ (ABC) Construction Confidence Index (CCI) indicate that contractor confidence expanded as 2013 wound to a close, particularly with respect to near-term industry profit margins and staffing levels.  The CCI measures construction prospects along three dimensions – revenues, profit margins and hiring.  All three indices remained above the threshold value of 50, which indicates growth, and each is up on a year-over-year basis.
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Construction Materials Prices Expand Again in February

Friday, March 14, 2014 12:52 PM
Construction materials prices expanded 0.7 percent in February and are up 0.6 percent over the past year, according to the March 14 producer price index release by the Department of Labor.  More specifically, nonresidential construction materials prices are up 0.7 percent for the month and are 0.4 percent higher than the same time one year ago. 
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Tim C. Walton of Cianbro Named ABC Ambassador to Merit Canada

Friday, March 14, 2014 10:22 AM
Associated Builders and Contractors (ABC) today announced that Tim C. Walton, director of external affairs and public policy at CIANBRO, Pittsfield, Maine, will serve as ABC’s ambassador to Merit Canada. The position will directly support and promote the efforts of the CAN-AM Merit Alliance, formed between ABC and Merit Canada to further promote free enterprise and the merit shop philosophy, under which construction contracts are awarded to construction companies based on merit. Read the rest of entry »

Associated Builders and Contractors Criticizes President’s Directive to Change Overtime Pay

Thursday, March 13, 2014 2:48 PM
Associated Builders and Contractors today issued the following statement in response to President Barack Obama’s executive order proposing changes to federal overtime rules
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ABC and National Black Chamber of Commerce Form Alliance to Promote Government Neutrality in Contracting

Monday, March 10, 2014 12:19 PM
Associated Builders and Contractors (ABC) and the National Black Chamber of Commerce (NBCC) signed a joint resolution March 7, expressing a commitment to promoting fair and open competition on taxpayer-funded construction contracts. 
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Nonresidential Construction Gains a Handful of Jobs in February

Friday, March 7, 2014 2:45 PM
The U.S. nonresidential construction industry gained just 400 jobs in February, according to the March 7 employment report by the U.S. Department of Labor’s Bureau of Labor Statistics (BLS). The construction industry as a whole added only 15,000 jobs for the month, with the vast majority of new jobs coming from residential construction. The construction unemployment rate expanded to 12.8 percent in February from 12.3 percent in January (non-seasonally adjusted). 
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Nonresidential Construction Spending Still Frozen in January

Monday, March 3, 2014 1:19 PM
Nonresidential construction spending declined for the second consecutive month, falling 0.3 percent in January, but is up 6.5 percent over the past year, according to a March 3 release by the U.S. Census Bureau. Spending for the month totaled $578.7 billion on a seasonally adjusted, annualized basis.
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