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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 2015

We are pleased to present below all posts archived in 'March 2015'. If you still can't find what you are looking for, try using the search box.

ABC Urges Passage of Legislation to Increase Competition on Federal Construction Projects

Monday, March 30, 2015 11:04 AM
Washington, D.C. - Associated Builders and Contractors (ABC) today voiced its strong support for the Government Neutrality in Contracting Act (H.R. 1671/S. 71). The bill, introduced by Rep. Mulvaney (R-S.C.) and Sen. David Vitter (R-La.), will increase fair and open competition on federal and federally funded construction projects. Read the rest of entry »

State Construction Unemployment Rates January Data Update

Monday, March 30, 2015 8:03 AM
The construction industry has shown evidence of recovery and appears to be on a mild upward trajectory despite occasional backsliding. In 2014, construction spending for all the major areas rose faster than the rise in construction costs. Last year also marked the fourth year in a row that construction employment grew and the largest annual advance in construction employment since 2005. Read the rest of entry »

State Construction Unemployment Rates December 2014

Friday, March 27, 2015 3:58 PM
The national construction unemployment rate has generally reflected the fortunes of the construction industry. The national construction unemployment rate fell from 2004 through 2006 then began to rise in 2007 and jumped sharply in 2008 and 2009. Since 2010, there has been a slow, gradual improvement. December’s 8.3% unemployment rate is the lowest December rate since 2005’s 8.2% rate. Read the rest of entry »

Study Finds That OSHA Underestimated Cost of Silica Rule by $4.5 Billion a Year

Thursday, March 26, 2015 11:38 AM
Washington, D.C. - A new report released today by the Construction Industry Safety Coalition (CISC) found that the Occupational Safety and Health Administration’s (OSHA) proposed silica standards for U.S. construction industry will cost the industry $5 billion per year—roughly $4 .5 billion per year more than OSHA’s estimates. The coalition cautioned that the flawed cost estimates reflect deeper flaws in the rule and urged the federal agency to reconsider its approach. Read the rest of entry »

West Virginia Becomes 22nd State to Prohibit PLA Mandates

Thursday, March 26, 2015 10:28 AM
Charleston, W.VA- Associated Builders and Contractors (ABC) and ABC of West Virginia (ABCWV) today applauded Gov. Tomblin (D-W.V.) for signing the Establishing Fair and Open Competition in Governmental Construction Act (SB 409). The bill prohibits government entities from requiring contractors to enter into wasteful and discriminatory project labor agreements (PLAs) as a condition of performing work on publicly funded construction projects. Read the rest of entry »

The Importance of Construction to State Economies

Monday, March 23, 2015 4:08 PM
From 1997 through 2013 (the latest year for which annual data are available), the value added by the private construction industry as a percentage of national gross domestic product (GDP) declined from a high of 6.14% (in 1997 and 1998) to a low of 3.69% in 2011 and then rose to the still-too-low 3.73% in 2013. Although this is an accurate look at the sector, it understates the impact of the construction industry on the economy.
Read the rest of entry »

ABC Applauds Law that Ensures Open Competition on Public Construction Projects

Monday, March 23, 2015 2:37 PM
Little Rock, Ark.– Associated Builders and Contractors (ABC) and ABC of Arkansas (ABCAR) today applauded Gov. Asa Hutchinson (R-Ark.) for signing the Fair and Open Competition in Governmental Construction Act (S.B. 426). The bill codifies and strengthens a 2005 executive order issued by Gov. Mike Huckabee (R-Ark.) that prohibits government entities from requiring contractors to enter into wasteful and discriminatory project labor agreements (PLAs) as a condition of performing work on publicly funded construction projects. Read the rest of entry »

Passage of House Bill to Block NLRB’s Ambush Election Rule Will Protect Employer, Employee Rights

Thursday, March 19, 2015 8:49 AM
Washington, D.C. – Associated Builders and Contractors (ABC) released the following statement on the U.S. House of Representatives’ passage of a joint resolution to block the National Labor Relations Board’s (NLRB) ambush election rule.
Read the rest of entry »

Electrical Training Manager Named ABC National Craft Instructor of the Year

Wednesday, March 18, 2015 11:38 AM
Washington, D.C. – Associated Builders and Contractors (ABC) has named Jonathan Sacks of Palmyra, Maine its Craft Professional of the Year. Sacks currently works as a transmission and distribution training manager at CIANBRO in Pittsfield, Maine. He received the honor March 6 during ABC’s National Craft Championships (NCC) and Workforce Conference in Fort Lauderdale, Fla. Read the rest of entry »

Alabama Welder Named ABC National Craft Professional of the Year

Wednesday, March 18, 2015 11:32 AM
Washington, D.C. – Associated Builders and Contractors (ABC) has named Holley Thomas, Double Springs, Ala., as its Craft Professional of the Year. Thomas works as a foreman for KBR. Thomas received the honor March 6 during ABC’s National Craft Championships (NCC) and Workforce Conference in Fort Lauderdale, Fla. Read the rest of entry »
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