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ABC issues news releases on the latest policy and construction-related economic data and trend news. Commercial and industrial economic releases include monthly analyses of federal data reports on construction spending, employment, the Producer Price Index and quarterly GDP. ABC construction economic releases are produced according to this schedule.


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Posts Tagged 'construction backlog indicator'

We are pleased to present below all posts tagged with 'construction backlog indicator'. If you still can't find what you are looking for, try using the search box.

ABC Predicts Construction Sector Will Remain Strong in 2019

WASHINGTON, Dec. 4—Associated Builders and Contractors Chief Economist Anirban Basu forecasts another strong year for construction sector performance, yet warns about inflationary pressures, according to a 2019 economic outlook published today in Construction Executive magazine.

ABC’s Construction Backlog Indicator Hits a New High in Second Quarter of 2018

WASHINGTON, Sept. 17—Associated Builders and Contractors reports that its Construction Backlog Indicator expanded to a record 9.9 months during the second quarter of 2018. Backlog is up 12.2 percent from the first quarter and 14 percent compared to the same time last year. 

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

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.

ABC Highlights Construction Worker Shortage During National Apprenticeship Week

Associated Builders and Contractors (ABC) commends the U.S. Department of Labor for declaring Nov. 13-19 National Apprenticeship Week. It’s the third consecutive year that business, labor, government, education and other partners are highlighting the tremendous job opportunities apprenticeships provide and the need for an infusion of Americans to pursue a skilled trade.

ABC's Construction Backlog Indicator 'Returns to Earth' in Second Quarter

WASHINGTON, Oct. 18—Associated Builders and Contractors (ABC) today reported its Construction Backlog Indicator (CBI) fell to 8.6 months during the second quarter of 2017, down 4.1 percent from the first quarter of 2017. CBI is up by 0.1 months, or 1.4 percent, on a year-over-year basis.

ABC’s Construction Backlog Indicator Rebounds in 2017

ABC’s Construction Backlog Indicator Rebounds in 2017;
All Categories Experience Gains During First Quarter
 
WASHINGTON, June 21-- Associated Builders and Contractors (ABC) today reported that its Construction Backlog Indicator (CBI) rose to 9 months during the first quarter of 2017, up 8.1 percent from the fourth quarter of 2016. CBI is up by 0.4 months, or 4 percent, on a year-over-year basis.

ABC's Construction Backlog Indicator Fell to End 2016

WASHINGTON, D.C., March 14—Construction backlog fell by 4 percent during the last quarter of 2016, according to the latest Construction Backlog Indicator (CBI) released today by Associated Builders and Contractors (ABC). Contractors in each segment surveyed—commercial/institutional, infrastructure and heavy industrial—all saw lower backlog during the fourth quarter, with firms in the heavy industrial segment experiencing the largest drop, down 16.8 percent to an average backlog of 5.5 months.

Construction Backlog Declines 5.4 Percent In The First Quarter Of 2012

Washington, D.C. – Associated Builders and Contractors (ABC) today released its Construction Backlog Indicator (CBI) for the first quarter of 2012. CBI declined 5.4 percent from the previous quarter, dipping from 7.8 months to 7.4 months, but is slightly higher compared to the first quarter of 2011. CBI is a forward-looking economic indicator that measures the amount of construction work under contract to be completed in the future. 

Construction Backlog Falls 3.2 Percent In The Fourth Quarter Of 2011

Washington, D.C. – Associated Builders and Contractors (ABC) today released its Construction Backlog Indicator (CBI) for the fourth quarter of 2011. CBI declined 3.2 percent from the previous quarter from 8.1 months to 7.8 months, but is still up 10.9 percent compared to the fourth quarter of 2010. CBI is a forward-looking economic indicator that measures the amount of nonresidential construction work under contract to be completed in the future.