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The Construction Backlog Indicator (CBI) is a forward-looking national economic indicator that reflects the amount of work that will be performed by commercial and industrial contractors in the months ahead. This new, national economic data set is the only reliable leading economic indicator offering this level of specificity focused on the U.S. commercial and institutional, industrial, and infrastructure construction industries. Download the methodology. The third quarter 2015 CBI will be released Wed., Dec. 16.

For media inquiries, contact Jeff Leieritz at leieritz@abc.org

To sign up to participate in the survey, email backlogsurvey@abc.org.

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South Records Highest Level of Construction Backlog in History

WASHINGTON, D.C., Dec. 16 – The backlog of commercial and industrial construction projects reached 10.3 months in the South, the highest reading in the history of the Construction Backlog Indicator (CBI), according to third-quarter results announced today by Associated Builders and Contractors. Nationally CBI remained virtually unchanged at 8.5 for the quarter, although it has declined by 3.5 year-over-year, indicating that the nonresidential construction backlog has stabilized at a high level. Read the rest of entry »

Construction Activity Increases as Backlog Edges Higher

Associated Builders and Contractors’ (ABC) Construction Backlog Indicator (CBI) expanded by 1 percent to 8.5 months during the 2nd quarter of 2015. Backlog declined 3 percent during the 1st quarter, which was punctuated by harsh winter weather and the lingering effects of the West Coast ports slowdown. CBI stands roughly where it did a year ago, indicative of an ongoing recovery in the nation’s nonresidential construction industry. Read the rest of entry »

Weather, Additional Issues Lead to 3.2 Percent Decline in Construction Backlog Indicator

Associated Builders and Contractors’ (ABC) Construction Backlog Indicator (CBI) declined 3.2 percent during the first quarter of 2015. Construction firms report a revenue-weighted average CBI of 8.4 months, 0.3 months below the fourth quarter of 2014 reading. Year over year, CBI has increased 4 percent from the first quarter of 2014 backlog of 8.1 months. Read the rest of entry »

Year-End Construction Backlog Drops 1 Percent

According to Associated Builders and Contractors (ABC), the Construction Backlog Indicator (CBI) for the fourth quarter of 2014 declined 0.1 months, or 1 percent.  Despite the quarter-over-quarter decline, backlog ended the year at 8.7 months, which is still 4.4 percent higher than one year ago.  
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Construction Backlog Indicator Reaches Another All-Time High

Associated Builders and Contractors (ABC) Construction Backlog Indicator (CBI) reached a new all-time high during the third quarter of 2014 at 8.8 months, eclipsing the previous all-time high of 8.5 months in the second quarter of 2014. The 2014 third quarter backlog is 6.9 percent higher than the third quarter of 2013 and the continued growth of backlog during the last six months likely indicates that 2015 will be a strong year of recovery for the nation’s nonresidential construction industry.
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Construction Backlog Indicator Reaches All-Time High in Second Quarter

Associated Builders and Contractors (ABC) Construction Backlog Indicator (CBI) reached an all-time high in the second quarter of 2014. CBI improved 5.4 percent following a 2.8 percent decline in the first quarter and currently stands at 8.5; up 3.6 percent on a year-over-year basis.
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Nonresidential Construction Backlog Slides in Icy First Quarter

Harsh winter weather helped produce a 2.8 percent decline in Associated Builders and Contractors’ (ABC) Construction Backlog Indicator (CBI) during 2014’s first quarter. The weather also impacted construction starts, architectural billings and many other construction-related metrics. Overall CBI now stands at 8.1 months—down from the 8.3 months in the previous quarter, but up from 7.9 months a year ago.
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CBI Hits Post-Recession High

Associated Builders and Contractors’ (ABC) Construction Backlog Indicator (CBI) hit a post-recession high in the fourth quarter of 2013, growing from 8.2 months to 8.3 months (1.3 percent). Compared to a year ago, CBI is 3.9 percent higher—up from 8 months at the end of 2012. 
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CBI Remains Virtually Unchanged In Third Quarter

As the economy gradually recovers, nonresidential construction spending remains unchanged—a good sign the downturn in the industry has stopped, according to the Construction Backlog Indicator (CBI) produced by Associated Builders and Contractors (ABC).CBI also remained nearly unchanged between the second and third quarters of 2013. 
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Second Quarter Construction Backlog Jumps 3.9 Percent

Associated Builders and Contractors (ABC) today reports its Construction Backlog Indicator (CBI) rose 3.9 percent during the second quarter of 2013 and now stands at 8.2 months, up from 7.9 months the previous quarter. Construction backlog is up 6.6 percent compared to the same time last year. CBI reflects the amount of commercial and industrial construction work under contract, but not yet completed.
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