Page 4 - Backlog Indicator News Today

Retail Furniture News: Home Renovation and Design Professionals Temper Q2 Business Expectations, Houzz Barometer Finds , Lengthy backlogs result from continued home improvement activity and supply chain disruptions.

Associated Builders and Contractors reported today that its Construction Backlog Indicator remained unchanged at 8.0 months in February, according to an ABC member survey conducted Feb. 21 to March 8.

Associated Builders and Contractors reported today that its Construction Backlog Indicator remained unchanged at 8.0 months in February, according to an ABC member survey conducted Feb. 21 to March 8.

Contractor associations report double-digit price increases across multiple categories in the latest nonresidential producer price index. Details here.

“It will get worse before it gets better," Associated Builders and Contractors chief economist said.

Construction input prices increased 2.6% in February 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.

Retail Furniture News: Houzz Barometer Finds Positive Q1 2022 Outlook for Interior Designers, Expected Business Activity Indicator across the residential construction and design industry accelerates while backlogs increase.

Investment in nonresidential structures contracted at an annual rate of 7.3 percent during the third quarter of 2021 and has now contracted during seven of the past eight quarters, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Economic Analysis. The overall economy expanded at a 2.0% annualized rate during the third quarter of 2021. Increases in private inventory investment, personal consumption expenditures, state and local government ...

Weak March US Construction Spending Rebound Masks Nonresidential Construction’s Struggles Spending on residential construction continues to carry buckets of private and public nonresidential red ink, while the industry yearns for stimulus spending and infrastructure plans to revive commercial construction May 3, 2021 data: US Department of Commerce; graph: ForConstructionPros.com The value of U.S. construction put in place in March eked out 0.2% growth after falling 0.6% in February. Commerc...

Construction contractors are looking for more women to join the industry.