Tag Archives: Associated Builders and Contractors

December Construction Unemployment Rates Improve in 32 States

A mild December helped reduce construction unemployment for the month, according to analysis by Dr. Bernard Markstein of the Associated Builders and Contractors. Not seasonally adjusted (NSA) construction unemployment rates for the country and 32 states were lower than in … Continue reading

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Is Tepid GDP Growth a Sign For Future Construction Spending?

Real gross domestic product (GDP) grew at a notably low rate in the fourth quarter of 2015. GDP expanded by just 0.7 percent (seasonally adjusted annual rate) during the last three months of the year, according to analysis report of … Continue reading

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South Produces Record Backlog

The third quarter was a big one for commercial and industrial construction backlog in the South. Project backlog in the region reached 10.3 months, the highest reading in the history of the Construction Backlog Indicator (CBI), according to third-quarter results … Continue reading

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Kasich Stresses Job Preparation in Call with Industry Coalition

John Kasich

A coalition of manufacturing and construction industry members recently had its fourth opportunity to pick the brain of another presidential candidate. Last week, Ohio Gov. John Kasich joined an ongoing teleforum to discuss his policies with industry associations and business … Continue reading

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ABC Predicts Continued Growth for 2016

The U.S. commercial and industrial construction industries will continue to see steady growth next year, according to the Associated Builders and Contractors (ABC) forecast. ABC predicts a 7.6-percent increase in nonresidential construction spending in 2016, along with growth in employment … Continue reading

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Construction Input Prices Continue Decline

The Producer Price Index for inputs to construction industries declined for a fourth consecutive month in October, according to Associated Builders and Contractors’ (ABC) analysis of Bureau of Labor Statistics data. The index stands at its lowest level since the … Continue reading

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Marco Rubio Addresses Construction, Manufacturing Industry Coalition

Sen. Marco Rubio

With the 2016 presidential election a year away, the construction and manufacturing industries are keeping a collective eye on how the candidates’ policies will affect business. Wednesday evening, thousands of industry members had an opportunity to get into the specifics … Continue reading

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September Construction Unemployment Rates Improve Over Year

September was a good month for construction unemployment numbers, according to analysis by Dr. Bernard Markstein of the Associated Builders and Contractors (ABC). The construction employment rates, not seasonally adjusted (NSA), for the U.S. and 48 states were down for … Continue reading

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Confidence Rises During the First Half of the Year

Associated Builders and Contractors’ (ABC) Construction Confidence Index (CCI) indicates that contractor confidence will continue to edge higher in the first half of 2015. The diffusion index measures forward-looking construction industry expectations in sales, profit margins and staffing levels with … Continue reading

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Construction Material Prices Plunge in September

Prices for inputs to construction industries plunged 1.6 percent in September after shedding 0.9 percent in August, the Bureau of Labor Statistics reported this week. Year-over-year prices were down 5.3 percent for the month, the largest yearly decrease since October … Continue reading

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