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From the category archives: Construction Confidence Index
Thursday, February 21, 2019 9:30 AM
WASHINGTON, Feb. 21—Construction industry leaders remained predominantly confident about the nonresidential construction sector’s prospects during the final quarter of 2018, according to the latest Construction Confidence Index released today by Associated Builders and Contractors.
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Wednesday, December 19, 2018 9:59 AM
WASHINGTON, Dec. 19—While construction industry leaders remained confident in the third quarter of 2018, optimism slipped relative to the second quarter, according to the latest Construction Confidence Index released today by Associated Builders and Contractors. Approximately three in four construction firms expect that sales will continue to rise over the next six months and closer to one in ten expect sales to decline over the next two quarters.
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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.
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Wednesday, June 20, 2018 8:56 AM
WASHINGTON, June 20—Despite ongoing concerns regarding labor force availability and rising interest rates, and emerging concerns regarding tariffs and construction materials prices, construction contractors emerged from the first quarter of 2018 with tremendous confidence, according to the Associated Builders and Contractors (ABC) Construction Confidence Index (CCI). Each of the three indices—sales, profit margins and staffing levels—increased during the first quarter and remain well above the threshold reading of 50.
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Monday, April 16, 2018 8:30 AM
WASHINGTON, April 16—Commercial and industrial construction contractors entered 2018 with abundant confidence regarding sales and staffing levels for the next six months, according to the latest Construction Confidence Index (CCI) released by Associated Builders and Contractors (ABC). All three components surveyed—sales, profit margins and staffing levels—remained well above 50 in the diffusion index, signaling ongoing progress. But the average contractor is less confident about profit margins than they were a year ago.
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Thursday, December 7, 2017 9:58 AM
WASHINGTON, Dec. 7—The majority of commercial and industrial contractors are confident about sales growth, profits and staffing levels heading into 2018, according to the latest Associated Builders and Contractors (ABC) Construction Confidence Index (CCI). Despite rising construction labor and materials costs, 55 percent of contractors expect their profit margins to expand in the first half of 2018.
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Monday, December 4, 2017 10:29 AM
WASHINGTON, Dec. 4— In its survey of Florida construction firms for the third quarter of 2017, Associated Builders and Contractors (ABC) finds the confidence to fill open positions over the next six months remains low. Continued hurricane rebuilding efforts will likely exacerbate the challenge to find enough skilled labor in Florida to meet the level of project demand. Confidence in other areas of the survey remains high.
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Monday, April 3, 2017 8:50 AM
WASHINGTON, D.C., April 3—Eighty-eight percent of Florida construction firms plan to increase hiring over the next six months and 84 percent anticipate experiencing more difficulty finding appropriately skilled labor, according to a report released today by Associated Builders and Contractors (ABC) of Florida. The inaugural Florida Contractor Confidence Index (Florida CCI) showed a statewide confidence reading for improving sales of 81, indicating the typical Florida contractor expects to be much busier in 2017.
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Wednesday, March 29, 2017 8:56 AM
WASHINGTON, D.C., MARCH 29— Expectations for 2017 have become less optimistic, but the majority of industrial and commercial construction contractors still expect growth this year, according to the latest Associated Builders and Contractors (ABC) Construction Confidence Index (CCI). Although all three diffusion indices in the survey — profit margins, sales and staffing levels—fell by more than five points, they remain well above the threshold of 50, which signals that construction activity will continue to be one of the few significant drivers of economic growth.
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Thursday, October 13, 2016 9:00 AM
WASHINGTON, D.C., OCT. 13–The average contractor is less confident regarding business prospects for the next six months, but the nonresidential construction recovery is anticipated to remain in place, according to the Associated Builders and Contractors (ABC) Construction Confidence Index (CCI) released today. The diffusion index measures forward-looking construction industry expectations in sales, profit margins and staffing levels, with readings above 50 indicating growth.
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