ABC’s Construction Backlog Indicator Rises in May; Contractor Confidence Falters

Posted on Tuesday, June 14, 2022 9:55 AM By Donna Reichle

WASHINGTON, June 14—Associated Builders and Contractors reports today that its Construction Backlog Indicator increased to nine months in May from 8.8 months in April, according to an ABC member survey conducted May 17 to June 3. The reading is up one month from May 2021.

ABC’s Construction Backlog Up in April; Contractor Confidence Down

Posted on Tuesday, May 10, 2022 9:55 AM By Erika Walter

WASHINGTON, May 10—Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 8.8 months in April, according to an ABC member survey conducted from April 20 to May 4. The reading is up 0.9 months from April 2021.

GDP: U.S. Economy Contracts, Investment in Structures Down Again, Says ABC

Posted on Thursday, April 28, 2022 10:11 AM By Erika Walter

WASHINGTON, April 28—The U.S. economy contracted at a 1.4% annualized rate during the first quarter of 2022. Investment in nonresidential structures declined at an annual rate of 0.9% during the quarter and has contracted nine of the past 10 quarters, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Economic Analysis.

ABC’s Construction Backlog Slips Again in January; Contractor Confidence Inches Lower

Posted on Tuesday, February 15, 2022 9:50 AM By Donna Reichle

WASHINGTON, Feb. 15—Associated Builders and Contractors reported today that its Construction Backlog Indicator declined to 8.0 months in January, according to an ABC member survey conducted Jan. 20 to Feb. 4. The reading is down 0.2 months from December 2021, but up 0.5 months from January 2021.

ABC’s Construction Backlog Plunges in November; Contractor Optimism Falters

Posted on Tuesday, December 8, 2020 12:00 PM By Donna Reichle

WASHINGTON, Dec. 8—Associated Builders and Contractors reported today that its Construction Backlog Indicator declined to 7.2 months in November, a decrease of 0.5 months from October’s reading, according to an ABC member survey conducted from Nov. 20 to Dec. 2. Backlog is 1.7 months lower than in November 2019.

ABC’s Construction Backlog Indicator Slips in September

Posted on Tuesday, November 19, 2019 9:30 AM By anonymous

WASHINGTON, Nov. 19—Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 8.9 months in September 2019, down 0.1 months or 0.8% from August 2019 when CBI stood at nine months.

ABC’s Construction Backlog Indicator Increases Modestly in May

Posted on Tuesday, July 16, 2019 9:30 AM By anonymous

WASHINGTON, July 16—Associated Builders and Contractors reported today that its Construction Backlog Indicator expanded to 8.9 months in May 2019, up 0.2 months or 2.2% since April 2019, when CBI stood at 8.7 months.

ABC’s Construction Backlog Indicator Surges in March

Posted on Tuesday, May 21, 2019 9:45 AM By Donna Reichle

ABC’s Construction Backlog Indicator Rebounds in February

Posted on Tuesday, April 16, 2019 9:26 AM By anonymous

WASHINGTON, April 16—Associated Builders and Contractors reported today that its Construction Backlog Indicator expanded to 8.8 months in February 2019, up 0.7 months or 8.2% from January 2019, when the backlog dipped to 8.1 months.

Construction Backlog Surges, Sets Record in Third Quarter, ABC Says

Posted on Monday, December 11, 2017 9:29 AM By Donna Reichle

WASHINGTON, Dec. 11—Providing more evidence of a strengthening economy, Associated Builders and Contractors’ (ABC) Construction Backlog Indicator (CBI) set a record as it expanded to 9.45 months during the third quarter of 2017, up 9.8 percent from the second quarter to the longest backlog reading in the eight-year history of the series.  CBI is up by 0.8 months, or 9.2 percent, on a year-over-year basis.