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.
Posted on Thursday, December 19, 2019 9:30 AM By Taylor Larkin
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.
Posted on Thursday, May 23, 2019 9:45 AM By Donna Reichle
WASHINGTON, May 23—Construction industry leaders remained upbeat with respect to nonresidential construction prospects in March 2019, according to the latest Construction Confidence Index released today by Associated Builders and Contractors.
Posted on Monday, September 24, 2018 9:45 AM By Donna Reichle
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.
Posted on Wednesday, March 29, 2017 8:56 AM By Donna Reichle
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.