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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: August 2017

We are pleased to present below all posts archived in 'August 2017'. If you still can't find what you are looking for, try using the search box.

ABC Praises Trump Administration Regulatory Rollbacks in SBA Testimony

Monday, August 28, 2017 10:57 AM
WASHINGTON, Aug. 28—Associated Builders and Contractors (ABC) today praised the Trump administration’s efforts to roll back burdensome regulations that drive up construction costs and hold back small business hiring and expansion. 

Testifying at the 2017 National Regulatory Fairness Hearing at the U.S. Small Business Administration Office of the National Ombudsman on Aug. 28, ABC General Counsel Maury Baskin Esq. of Littler Mendelson P.C. urged action on the “persuader,” overtime and silica rules, the new “joint employer” standard, and other onerous rulemakings and policies.
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Construction Input Prices Plod Higher, Energy Prices Down

Thursday, August 10, 2017 9:54 AM
WASHINGTON, Aug. 10—Construction input prices increased 0.3 percent in July and are up 3 percent on a year-over-year basis, according to an Associated Builders and Contractors (ABC) analysis of data released today by the Bureau of Labor Statistics.  Nonresidential construction input prices were in line with overall industry dynamics, increasing 0.3 percent for the month and 2.7 percent for the year.  
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Nonresidential Construction Job Growth Softens in July

Friday, August 4, 2017 10:10 AM
WASHINGTON, Aug. 4—National construction employment growth remained tepid in July, with approximately 6,000 net new jobs added on a seasonally adjusted basis, according to an analysis by Associated Builders and Contractors (ABC) of data from the U.S. Bureau of Labor Statistics. The residential construction segment added 7,200 net new jobs in July, but employment in the nation’s nonresidential construction sector declined by 1,700 positions after 9,900 jobs were added on net in June.  
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Nonresidential Construction Spending Plummets in June, Driven by Public Sector

Tuesday, August 1, 2017 12:16 PM
WASHINGTON, Aug. 1—Nonresidential construction spending fell by 2 percent on a monthly basis in June 2017, totaling $697 billion on a seasonally adjusted, annualized basis according to an analysis of U.S. Census Bureau data released today by Associated Builders and Contractors. June represents the first month during which spending has dipped below the $700 billion per year threshold since January 2016.
WASHINGTON, Aug. 1—Nonresidential construction spending fell by 2 percent on a monthly basis in June 2017, totaling $697 billion on a seasonally adjusted, annualized basis according to an analysis of U.S. Census Bureau data released today by Associated Builders and Contractors. June represents the first month during which spending has dipped below the $700 billion per year threshold since January 2016.
WASHINGTON, Aug. 1—Nonresidential construction spending fell by 2 percent on a monthly basis in June 2017, totaling $697 billion on a seasonally adjusted, annualized basis according to an analysis of U.S. Census Bureau data released today by Associated Builders and Contractors. June represents the first month during which spending has dipped below the $700 billion per year threshold since January 2016.
WASHINGTON, Aug. 1—Nonresidential construction spending fell by 2 percent on a monthly basis in June 2017, totaling $697 billion on a seasonally adjusted, annualized basis according to an analysis of U.S. Census Bureau data released today by Associated Builders and Contractors. June represents the first month during which spending has dipped below the $700 billion per year threshold since January 2016.
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