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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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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.

Construction Materials Prices Rise for First Time in Six Months

Friday, March 13, 2015 9:52 AM
The largest monthly gain in petroleum prices in over three years caused construction materials prices to expand 0.4 percent in February, ending a six-month streak when prices failed to rise, according to the March 13 producer price index release by the Bureau of Labor Statistics. On a year-over-year basis, construction input prices fell 3.9 percent. Nonresidential construction input prices also rose 0.4 percent on a monthly basis and 4.9 percent on a yearly basis. Read the rest of entry »

ABC Congratulates 2015 National Craft Championships Winners, Craft Instructor and Craft Professional of the Year

Tuesday, March 10, 2015 12:37 PM
Washington, D.C. – Associated Builders and Contractors (ABC) announced the winners of its National Craft Championships and named its Craft Instructor of the Year and Craft Professional of the Year during the Careers in Construction awards ceremony in Fort Lauderdale, Fla. The ceremony took place March 6 at the conclusion of ABC’s Workforce Development Conference.
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Nonresidential Construction Employment Up Again Despite Weather, Oil Price Fluctuations

Friday, March 6, 2015 11:45 AM
The U.S. construction industry added 29,000 jobs in February, according to the March 6 Bureau of Labor Statistics preliminary estimate. In addition, January’s construction estimate was revised upward from 39,000 to 49,000 net new jobs. Nonresidential construction added 12,000 net new jobs in February, with nonresidential specialty trade contractors and nonresidential building adding jobs while the heavy and civil engineering segment reduced employment. Read the rest of entry »

ABC Recognizes America’s Best Construction Projects

Thursday, March 5, 2015 4:43 PM
Washington, D.C. – Associated Builders and Contractors (ABC) congratulated the winners of the 25th annual Excellence in Construction Awards and named Brasfield and Gorrie ABC’s 2014 Contractor of the Year, March 5. The best-in-the-industry awards were given to firms that displayed exemplary commitment to safety and diversity in 2014. Read the rest of entry »

ABC Applauds Passage of Senate Bill to Overturn NLRB’s Ambush Election Rule

Wednesday, March 4, 2015 12:18 PM
Washington, D.C. – Associated Builders and Contractors (ABC) released the following statement on the U.S. Senate’s passage of a joint resolution to block the National Labor Relations Board’s (NLRB) ambush election proposal. The resolution, introduced by Senate Committee on Health, Education, Labor and Pensions Chairman Lamar Alexander (R-Tenn.) and House Committee on Education and the Workforce Chairman John Kline (R-Minn.), seeks to prevent the NLRB from implementing the ambush rule, which is scheduled to take effect April 14, through the Congressional Review Act.
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ABC Announces New Vice President of EH&S and Workforce Development

Monday, March 2, 2015 3:11 PM
Associated Builders and Contractors (ABC) today announced industry leader Greg Sizemore as its vice president of environment, health, safety (EH&S) and workforce development for ABC. Sizemore is tasked with directing ABC’s long-range strategic objectives related to creating an innovative, skilled, productive, healthy and safe workforce.
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Nonresidential Construction Spending Dips in January

Monday, March 2, 2015 11:35 AM
Nonresidential construction spending fell 2 percent in January, which is the largest setback to spending since January 2014, according to the March 2 release from the U.S. Census Bureau. However, at $614.1 billion on a seasonally adjusted, annualized basis, nonresidential construction spending still is 4.8 percent higher than one year ago. In addition, the spending estimate for December 2014 was revised downward from $627.1 billion to $627 billion and November’s figure was revised from $624.8 billion to $621.9 billion. 
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