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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: July 2014

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

ABC Criticizes Overreaching White House Executive Order

Thursday, July 31, 2014 1:20 PM
Washington, D.C. – Associated Builders and Contractors (ABC) today issued the following statement regarding President Obama’s new executive order impacting the federal contracting community:
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Nonresidential Fixed Investment Expands 5.5 Percent During Robust Second Quarter

Wednesday, July 30, 2014 11:09 AM
Nonresidential fixed investment expanded 5.5 percent and residential fixed investment expanded 7.5 percent during the second quarter of 2014 according to a July 30 release by the Bureau of Economic Analysis. Overall, real gross domestic product (GDP) increased 4 percent (seasonally adjusted annual rate) during the second quarter of 2014 following a 2.1 percent decrease (revised from -2.9 percent) in the first quarter.  
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Key Workforce Development Law Benefits Construction Industry

Tuesday, July 22, 2014 11:34 AM
Associated Builders and Contractors (ABC) today praised the signing of the Workforce Innovation and Opportunity Act (WIOA), H.R. 803, into law and released the following statement:
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Construction Materials Prices Inch Higher in June

Wednesday, July 16, 2014 10:51 AM
Overall construction materials prices increased by 0.1 percent in June and are up 1.9 percent year over year, according to the July 16 producer price index release by the U.S. Department of Labor. Nonresidential construction materials prices also expanded 0.1 percent for the month and are 1.4 percent higher than one year ago. 
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Nick Tovar Hired as ABC Director of Business Development and Partnerships

Tuesday, July 15, 2014 1:57 PM
Associated Builders and Contractors (ABC) announced that Nick Tovar has been hired as director of business development and partnerships. Tovar comes to ABC after nearly 10 years at Meridian One Corporation in Alexandria, Va., where he was the director of sales responsible for working with both associations and businesses to develop, market and manage member discount programs.   Read the rest of entry »

ABC Applauds House Passage of Key Workforce Development Bill

Wednesday, July 9, 2014 12:49 PM
Washington, D.C. – Associated Builders and Contractors (ABC) today celebrated the U.S. House of Representatives passage of the Workforce Innovation and Opportunity Act (WIOA), H.R. 803, and released the following statement: Read the rest of entry »

Construction Adds Jobs in June But Nonresidential Growth is Sluggish

Thursday, July 3, 2014 10:34 AM
The U.S. construction industry added 6,000 jobs in June, according to the Bureau of Labor Statistics (BLS) July 3 report; however, nonresidential construction added only 700 of those jobs and the heavy and civil engineering sector lost 700 jobs.
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Nonresidential Construction Spending Continues to Expand in May

Tuesday, July 1, 2014 12:49 PM
Nonresidential construction spending expanded in May for the second consecutive month (based on revised data), according to a July 1 release from the U.S. Census Bureau. Nonresidential construction spending rose 1.1 percent on a monthly basis in May and has increased 6.4 percent on a year-over-year basis. Spending for the month totaled $596.2 billion on a seasonally adjusted, annualized basis. Additionally, nonresidential construction spending for April was revised upward from $570.6 billion to $589.9 billion.
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