Tagged Posts: construction confidence index

ABC’s Construction Backlog Indicator Inches Lower in February, Contractor Confidence Remains Elevated

Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 8.3 months in February, according to an ABC member survey conducted Feb. 20 to March 5. The reading is up 0.2 months since February 2024. View the full Construction Backlog Indicator and Construction Confidence Index data series. Backlog…

Andrew DeVito In National, News

ABC’s Construction Backlog Indicator Slips in December, Contractor Confidence Remains Elevated

Associated Builders and Contractors reported today that its Construction Backlog Indicator inched down to 8.3 months in December, according to an ABC member survey conducted Dec. 20 to Jan. 6. The reading is down 0.3 months from December 2023. View the full Construction Backlog Indicator and Construction Confidence Index data series.…

Andrew DeVito In National, News

ABC’s Construction Backlog Indicator Slips in October, Contractor Confidence Remains Elevated

Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 8.4 months in October, according to a survey of its member contractors conducted Oct. 21 to Nov. 4. The reading is unchanged from October 2023. View the full Construction Backlog Indicator and Construction Confidence Index data series. Backlog…

Andrew DeVito In National, News

ABC’s Construction Backlog Indicator Rebounds in September, Contractor Confidence Improves

Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 8.6 months in September, according to an ABC member survey conducted Sept. 20 to Oct. 4. The reading is down 0.4 months from September 2023. View the full Construction Backlog Indicator and Construction Confidence Index data series. Backlog…

Andrew DeVito In National, News

ABC’s Construction Backlog Indicator Down in August, Contractor Confidence Turns Negative on Profit Margins

Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 8.2 months in August, according to an ABC member survey conducted Aug. 20 to Sept. 5. The reading is down 1.0 months from August 2023. View the full Construction Backlog Indicator and Construction Confidence Index data series. Only…

Andrew DeVito In National, News

ABC’s Construction Backlog Indicator Inched Higher in June, Contractors Remain Confident

Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 8.4 months in June, according to an ABC member survey conducted June 20 to July 3. The reading is down 0.5 months from June 2023. View the full Construction Backlog Indicator and Construction Confidence Index data series. The…

Andrew DeVito In National, News

ABC: Construction Job Openings Decrease By 8,000 in April, Fall to Lowest Level Since March 2023

The construction industry had 338,000 job openings on the last day of April, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening as any unfilled position for which an employer is…

Andrew DeVito In National, News

ABC’s Construction Backlog Indicator Up in April, Contractors Remain Confident

Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 8.4 months in April, according to an ABC member survey conducted April 22 to May 6. The reading is down 0.5 months from April 2023, but expanded 0.2 months from the prior month. View the full Construction…

Andrew DeVito In National, News

ABC’s Construction Backlog Indicator Down in February, Contractors Remain Confident

Associated Builders and Contractors reported today that its Construction Backlog Indicator declined to 8.1 months in February, according to an ABC member survey conducted Feb. 20 to March 5. The reading is down 1.1 months from February 2023. View the full Construction Backlog Indicator and Construction Confidence Index data series. Backlog…

Jillian Stengel In National, News

Nonresidential Construction Spending Falls Sharply in January

National nonresidential construction spending decreased 0.4% in January, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.190 trillion. Spending was down on a monthly basis in 10 of the 16 nonresidential subcategories.…