Inflation and interest rates contribute to backlog dip
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Source: constructiondive.com
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The average U.S. contractor has 8.1 months worth of construction work in the pipeline, as of February 2024
Associated Builders and Contractors reported 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.
Anirban Basu Associated Builders Construction Backlog Indicator Confidence Index Economist Anirban Backlog Indicator February
Source: bdcnetwork.com
The average U.S. contractor has 8.4 months worth of construction work in the pipeline, as of January 2024
Associated Builders and Contractors reported today that its Construction Backlog Indicator declined to 8.4 months in January, according to an ABC member survey conducted from Jan. 22 to Feb. 4. The reading is down 0.6 months from January 2023.
Anirban Basu Associated Builders Construction Backlog Indicator Confidence Index Economist Anirban Backlog Indicator
Source: bdcnetwork.com
Infrastructure nudges backlog higher as other sectors struggle
Construction industry news, trends and jobs for building professionals who want mobile-friendly content.
Anirban Basu Federal Reserve Associated Builders Construction Backlog Indicator Confidence Index Middle States
Source: constructiondive.com
The average U.S. contractor has 8.5 months worth of construction work in the pipeline, as of November 2023
Associated Builders and Contractors reported today that its Construction Backlog Indicator inched up to 8.5 months in November from 8.4 months in October, according to an ABC member survey conducted Nov. 20 to Dec. 4. The reading is down 0.7 months from November 2022.
Anirban Basu Federal Reserve Associated Builders Construction Backlog Indicator Backlog Indicator Construction Confidence Index
Source: bdcnetwork.com
The average U.S. contractor has 8.4 months worth of construction work in the pipeline, as of September 2023
Associated Builders and Contractors reported that its Construction Backlog Indicator declined to 8.4 months in October from 9.0 months in September, according to an ABC member survey conducted from Oct. 19 to Nov. 2. The reading is down 0.4 months from October 2022. Backlog now stands at its lowest level since the first quarter of 2022.
Anirban Basu Associated Builders Construction Backlog Indicator Confidence Index Economist Anirban Backlog Indicator
Source: bdcnetwork.com
Backlog drops to lowest level since Q1 2022
Construction industry news, trends and jobs for building professionals who want mobile-friendly content.
Anirban Basu Associated Builders Construction Backlog Indicator Confidence Index Middle States Commercial Building
Source: constructiondive.com
Backlog dips, but contractor confidence remains high
Construction industry news, trends and jobs for building professionals who want mobile-friendly content.
Anirban Basu Dive Brief Associated Builders Construction Backlog Indicator Confidence Index Economist Anirban
Source: constructiondive.com
'No sign of a construction recession in the near term,' says ABC Chief Economist | News
The Associated Builders and Contractors’ Chief Economist Anirban Basu has struck an optimistic note about the near-term health of the construction industry. The assessment comes as ABC releases its latest Construction Backlog Indicator, which found that backlogs declined to 9.2 months in...
United States Anirban Basu California Science Center Dodge Construction Network Associated Builders Contractor Chief Economist Anirban Basu
Source: archinect.com
The average U.S. contractor has 9.3 months worth of construction work in the pipeline, as of July 2023
Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 9.3 months in July, according to an ABC member survey conducted July 20 to Aug. 4. The reading is up by 0.6 months since July 2022.
United States Anirban Basu Associated Builders Construction Backlog Indicator Economist Anirban Confidence Index
Source: bdcnetwork.com