Page 3 - Backlog Indicator News Today

Construction industry news, trends and jobs for building professionals who want mobile-friendly content.

National nonresidential construction spending was down by 0.5% in June, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau.

Associated Builders and Contractors reports today that its Construction Backlog Indicator fell 0.1 months in June and stands at 8.9 months, according to an ABC member survey conducted June 21 to July 5.

Construction industry news, trends and jobs for building professionals who want mobile-friendly content.

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.

Construction industry news, trends and jobs for building professionals who want mobile-friendly content.

An analysis of Producer Price Index data by the Associated Builders and Contractors indicates that even if inflation has peaked, costs will likely remain high.

National nonresidential construction spending was down 0.8% in March, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau.

An industry group suggests a recession could be around the corner.

National nonresidential construction spending was down 0.8 percent in March, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $839.2 billion for the month. On a year-over-year basis, nonresidential construction spending is up 5.6 percent, led by 31.9 percent growth in construction related to manufacturing.