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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: September 2018

We are pleased to present below all posts archived in 'September 2018'. If you still can't find what you are looking for, try using the search box.

ABC Highlights Economic Benefits of Tax Reform on Small Businesses in Congressional Testimony

Thursday, September 27, 2018 11:29 AM
WASHINGTON, Sept. 27—Larry Lopez, president and chief executive officer of Green JobWorks, Baltimore, and chairman of Associated Builders and Contractor’s Diversity Committee, testified today before the U.S. House of Representatives Subcommittee on Economic Growth, Tax and Capital Access on how recent economic growth is positively impacting local communities.   Read the rest of entry »

Contractors Remain Upbeat in Q2, According to ABC’s Latest Construction Confidence Index

Monday, September 24, 2018 9:45 AM
WASHINGTON, Sept. 24—Construction contractors remained confident during the second quarter of 2018, according to the latest Construction Confidence Index released today by Associated Builders and Contractors. Read the rest of entry »

ABC’s Construction Backlog Indicator Hits a New High in Second Quarter of 2018

Monday, September 17, 2018 9:45 AM
WASHINGTON, Sept. 17—Associated Builders and Contractors reports that its Construction Backlog Indicator expanded to a record 9.9 months during the second quarter of 2018. Backlog is up 12.2 percent from the first quarter and 14 percent compared to the same time last year.  Read the rest of entry »

Construction Material Prices Fall in August, says ABC

Wednesday, September 12, 2018 11:41 AM
WASHINGTON, Sept. 12—Prices for inputs to construction fell 0.5 percent in August but are 8.1 percent higher than at the same time one year ago, according to an Associated Builders and Contractors analysis of Bureau of Labor Statistics data released today. Nonresidential construction input prices fell 0.4 percent in August but are up 8.3 percent year-over-year. Softwood lumber prices plummeted 9.6 percent in August yet are up 5 percent on a yearly basis (down from a 19.5 percent increase year-over-year in July). Read the rest of entry »

Construction Employment Retains Momentum in August, Says ABC

Friday, September 7, 2018 9:46 AM
WASHINGTON, Sept. 7—The U.S. construction industry added 23,000 net new jobs in August, an increase from the 18,000 net new jobs added in July, according to an Associated Builders and Contractors analysis of data supplied by the U.S. Bureau of Labor Statistics. The industry has added 297,000 net new jobs since August 2017, a 4.3 percent increase. Nonresidential construction employment increased by 9,600 net jobs in August, although the heavy and civil engineering category lost 200 net jobs for the month. Read the rest of entry »

Strategic Partner United Rentals to Sponsor Diversity Program

Thursday, September 6, 2018 2:34 PM
WASHINGTON, Sept. 6, 2018—Associated Builders and Contractors recently announced that United Rentals, Inc., the world’s largest equipment rental company, has signed on as the sponsor of ABC’s diversity and inclusion initiatives, including the Diversity & Inclusion Summit and National Diversity Excellence Awards.    Read the rest of entry »

Public Nonresidential Construction Up in July, Says ABC

Tuesday, September 4, 2018 11:45 AM
WASHINGTON, Sept. 4—National nonresidential construction spending declined 0.3 percent in July, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data released today. Total nonresidential spending stood at $748.8 billion on a seasonally adjusted, annualized rate in July, an increase of 5.3 percent from the same time last year. Private nonresidential spending fell 1 percent in July, while public nonresidential spending expanded 0.7 percent. Read the rest of entry »