Search


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. Methodology for both indicators can be found hereABC construction economic releases are published according to this schedule 



For media inquiries, please contact Rachel O’Grady, ABC’s media relations director, at ogrady@abc.org or (202) 905-2104.

Click here to subscribe to ABC’s news releases or here to receive ABC's weekly newsletter, Newsline

Archives

Minimize
Search by Category   

 

News Releases

Construction Materials Prices Decrease 0.4 Percent in October

Wednesday, November 14, 2012 11:39 AM
The nation’s construction materials prices fell for the first time in three months, slipping 0.4 percent in October, according to the U.S. Labor Department’s producer price index (PPI). However, materials prices remain 2 percent higher than one year ago. Nonresidential construction materials prices decreased 0.5 percent for the month, but were 1.8 percent higher on a year-over-year basis.
Read the rest of entry »

Construction Backlog Up 3.5 Percent In Third Quarter Of 2012

Tuesday, November 13, 2012 9:32 AM
ABC reports that its Construction Backlog Indicator (CBI) expanded for the second consecutive quarter, up to 8 months in the third quarter of this year, a 3.5 percent increase from the previous quarter. CBI is measured in months and reflects the amount of construction work under contract, but not yet completed.
Read the rest of entry »

ABC Criticizes President For NLRB Recess Appointments

Sunday, November 4, 2012 11:16 AM
Washington, D.C. – Associated Builders and Contractors (ABC) today criticized President Obama for undermining the U.S. Senate’s advice and consent role by recess-appointing Democrats Sharon Block, deputy assistant secretary for congressional affairs at the Department of Labor; Richard Griffin, general counsel for the International Union of Operating Engineers to the National Labor Relations Board (NLRB); and Republican Terence Flynn, chief counsel to NLRB member Brian Hayes. 
Read the rest of entry »

Nonresidential Construction Spending Down 0.4 Percent in September

Thursday, November 1, 2012 1:44 PM
Despite a flurry of activity in residential construction spending, nonresidential construction spending decreased 0.4 percent in September, with outlays falling to a seasonally adjusted annual rate of $559.4 billion, according to the Nov. 1 construction spending report by the U.S. Commerce Department. Year-over-year, total nonresidential construction spending is up 2.6 percent, slightly higher than inflation.
Read the rest of entry »

ABC Oklahoma Member Mullin To Deliver Weekly GOP Radio Address

Friday, October 12, 2012 10:35 AM
Washington, D.C. – Associated Builders and Contractors (ABC) today announced that Markwayne Mullin, owner of Mullin Plumbing and a member of the ABC Oklahoma Chapter, has been selected by House Speaker John Boehner (R-Ohio) to deliver the weekly Republican radio address on Saturday, Oct. 13. Mullin is running to succeed retiring democratic Rep. Dan Boren in Oklahoma’s Second Congressional District. Read the rest of entry »

Construction Unemployment Rises to 11.9 Percent in September

Friday, October 5, 2012 1:39 PM
In a sign the nation’s construction industry continues to struggle, the construction unemployment rate rose to 11.9 percent in September, up from 11.3 percent in August, according to the Labor Department’s Oct. 5 employment report. However, the construction unemployment rate is down from 13.3 percent the same time last year. Read the rest of entry »

Construction Spending Declines Second Month in Row; Down 0.6 Percent in August

Monday, October 1, 2012 9:40 PM
Construction spending has fallen for the second consecutive month, dipping 0.6 percent in August, according to the U.S. Census Bureau. However, spending is up 6.5 percent from one year ago.  Read the rest of entry »

Construction Materials Prices Increase for First Time in Four Months

Thursday, September 13, 2012 2:07 PM
The nation’s construction materials prices increased for the first time in four months, rising 0.9 percent in August, according to the Sept. 13 Producer Price Index report by the U.S. Labor Department. Year over year, construction materials prices are up 1 percent. Nonresidential construction materials prices were 1 percent higher for the month and are up 0.7 percent from August 2011. Read the rest of entry »

Construction Spending Slips 0.9 Percent in July

Tuesday, September 4, 2012 2:24 PM
Further signaling a lackluster national economy, construction spending – which includes both nonresidential and residential building – decreased 0.9 percent in July, but is up 9.3 percent year over year, according to the Sept. 4 report by the U.S. Census Bureau. Read the rest of entry »

Construction Confidence Wanes as Nation Approaches Fiscal Cliff

Tuesday, August 21, 2012 11:42 AM
WASHINGTON, D.C. – Associated Builders and Contractors (ABC) today released its newest construction economic measure, the Construction Confidence Index (CCI). The CCI reflects three aspects of the U.S. nonresidential construction industry – sales prospects, staffing levels, and profit margins. During the second quarter of 2012, all three indices declined, undoing much of the first quarter’s progress and indicating that nonresidential construction momentum is waning. However, index values remain above 50, indicating ongoing expectations of construction spending growth.
  • Sales expectations fell from 68.3 to 62.3
  • Profit margins fell from 57.9 to 53.5
  • Staffing levels fell from 64.3 to 59.8
Read the rest of entry »