Tagged Posts: supply chain

ABC’s September Construction Backlog Indicator Dips, Yet Contractors Remain Confident

Associated Builders and Contractors reported today that its Construction Backlog Indicator declined to 9.0 months in September, according to an ABC member survey conducted Sept. 20 to Oct. 4. The reading is equivalent to one year ago. View ABC’s Construction Backlog Indicator and Construction Confidence Index tables for September. View…

Jillian Stengel In National

Monthly Construction Input Prices Decrease in May, Says ABC

Construction input prices fell 0.6% in May compared to the previous month, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices declined 0.5% for the month. Overall construction input prices are 3.7% lower than…

Jillian Stengel In National, News

Democrats’ Reckless Reconciliation Package Will Worsen Inflation, Not Curb It

Associated Builders and Contractors today released the following statement on Senate Democrats’ “Inflation Reduction Act,” a $740 billion tax-and-spending spree scheduled to pass in a partisan political process at a time when our economy is pointed toward recession. “While the Democrats’ reconciliation proposal has undergone changes over the recent days,…