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From the category archives: Construction Confidence Index
Tuesday, September 15, 2020 9:35 AM
WASHINGTON, Sept. 15—Associated Builders and Contractors reported today that its Construction Backlog Indicator rebounded to 8.0 months in August, an increase of 0.2 months from July’s reading, according to an ABC member survey conducted Aug. 20-Sept. 1. The August backlog is a half-month lower than in August 2019.
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Tuesday, August 11, 2020 9:25 AM
WASHINGTON, Aug. 11—Associated Builders and Contractors reported today that its Construction Backlog Indicator declined to 7.8 months in July, a decrease of 0.3 months from the June reading, according to an ABC member survey conducted from July 20 to Aug. 5. Backlog is a full month lower than in July 2019.
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Tuesday, July 14, 2020 9:30 AM
WASHINGTON, July 14—Associated Builders and Contractors reported today that its Construction Backlog Indicator rose to 8.1 months in June, an increase of 0.2 months from May’s reading. CBI is down approximately 8% from its June 2019 level. Every region except the Middle States experienced an increase in backlog in June compared to May, according to an ABC member survey conducted from June 20-July 1.
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Tuesday, June 9, 2020 9:10 AM
WASHINGTON, June 9—Associated Builders and Contractors reported today that its Construction Backlog Indicator rose to 7.9 months in May, an increase of less than 0.1 months from April’s reading. Furthermore, based on an ABC member survey conducted May 20-June 3, results indicate that confidence among U.S. construction industry leaders continued to rebound from the historically low levels observed in the March survey.
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Tuesday, May 12, 2020 9:10 AM
WASHINGTON, May 12—Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 7.8 months in April, the series’ lowest reading since the third quarter of 2012. Based on an ABC member survey conducted April 20-May 4, the results indicate that confidence among U.S. construction industry leaders inched higher last month compared to the historically low levels observed in the March survey.
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Thursday, April 23, 2020 9:30 AM
WASHINGTON, April 23—Confidence among U.S. construction industry leaders plummeted in response to the economic fallout associated with COVID-19, according to the Associated Builders and Contractors Construction Confidence Index released today. Readings for sales, profit margins and staffing levels expectations fell below the threshold of 50 for the first time in the history of the series, signaling expected contraction along all three dimensions. CCI is based on a survey of ABC members, which was conducted March 20-31.
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Thursday, March 19, 2020 9:45 AM
WASHINGTON, March 19—Confidence among U.S. construction industry leaders generally improved in January, consistent with the burgeoning momentum of the U.S. economy during the early weeks of 2020, according to the Associated Builders and Contractors Construction Confidence Index released today. While the reading for sales expectations edged lower for the month, confidence pertaining to sales, profit margins and staffing levels remain well above the threshold of 50, signaling expected growth in those three metrics.
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Thursday, February 20, 2020 9:30 AM
WASHINGTON, Feb. 20—Confidence among U.S. construction industry leaders held steady in December after surging in November, according to the Associated Builders and Contractors Construction Confidence Index released today. The average American contractor enters 2020 with confidence: Sales expectations, profit margins and staffing levels all remained above the growth expectations threshold, indicating a strong start to 2020.
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Thursday, January 23, 2020 9:00 AM
WASHINGTON, Jan. 23—Confidence among U.S. construction industry leaders increased in November 2019 with respect to sales, profit margins and staffing, according to the Associated Builders and Contractors Construction Confidence Index released today. Sales and profit margin expectations reached their highest levels since May 2019, while staffing expectations reached their highest level since April 2019.
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Thursday, December 19, 2019 9:30 AM
WASHINGTON, Dec. 19—Leaders of the U.S. construction industry regained a degree of confidence in October 2019 with respect to near-term prospects for sales and profit margins, according to the Associated Builders and Contractors Construction Confidence Index released today. However, contractors became slightly less confident regarding their staffing levels during the next six months.
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