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Financial NewsIndustry News

Construction’s Contribution to Economy Increases in 30 States in 2015

WASHINGTON, D.C., Aug. 17— The value added by the private construction industry as a percentage of gross domestic product (GDP) increased in 30 states and decreased in only six in 2015, according to a report released today by Associated Builders and Contractors (ABC). Nationally, construction’s direct contribution to GDP increased …

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Industry NewsWorkforce Weekly

March Construction Unemployment Rates Improve in 30 States from 2015- Texas is in the Top 10

By Bernard M. Markstein, Ph.D. Overview The March not seasonally adjusted (NSA) construction unemployment rates for the country and 30 states were lower than in March 2015, according to analysis by economist Bernard Markstein released today by Associated Builders and Contractors. March’s 0.8 percent decrease from a year ago marked …

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Industry NewsWorkforce Weekly

Construction Remains One of Economy’s Bright Spots

WASHINGTON, D.C.— The U.S. construction industry added 37,000 net new jobs in March according to an analysis of today’s U.S. Bureau of Labor Statistics release by Associated Builders and Contractors (ABC). On a year-over-year basis, construction employment expanded by 301,000 net new jobs, the industry’s largest annual increase since May …

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Industry NewsWorkforce Weekly

October Construction Unemployment Rates Improve in 30 States from 2014

By Bernard M. Markstein, Ph.D. October was another positive month for construction and construction unemployment rates around much of the country. Year-over-year, not seasonally adjusted (NSA) construction unemployment rates for the country and 30 states were lower in October this year. Year to date, construction has added 159,000 seasonally adjusted …

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Industry NewsWorkforce Weekly

Texas Construction Business Climate Ranks 21st Nationally According to ABC’s Merit Shop Scorecard

Houston, TX, Dec. 2 – Texas has room to improve its appeal as a state for contractors to do business according to a scorecard launched today by Associated Builders and Contractors (ABC). “Building America: The Merit Shop Scorecard” reviews and grades state-specific information significant to the success of the commercial …

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