Page 2 - Construction Confidence News Today

Difficult because changing the quality of material or going with concrete floor instead of another floor incrementally in the big picture dont have a large impact. We do have a lot of alternatives within the package but the first 5 packages were going to trigger a lot of the costs. So thats one reason as an example the ceiling underneath the throughout the Transit Center but at the ground level were originally g f r. C. But the design team a redesigning those to reduce the costs of that element ...

X vacation of the structural steel enclosures and the ceilings he represented been 55 percent of the Transit Center. So this was also kind of seen as a critical point in the bidding of the work because weve received the bidding on the 3 larger components of that. We have two to bid but in remitting short order and beyond that scope it comprised a lot of systems and a lot of individuals packages so thats one of the reasons the Cost Reduction opportunities beyond those first 5 projects become more...

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...

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.

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 input prices increased 0.8% in April compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today.

data: US Department of Commerce; graph: ForConstructionPros.com The total value of construction put in place in the U.S. was essentially flat in June, eking out a 0.1% increase over nonresidential construction’s 0.9% slip. Residential construction continues to chug along, with spending rising 1.1% in June finishing the first six months of the year 24.5% higher than the first half of 2020. Click on this graph to see a larger view.data: US Department of Commerce; graph: ForConstructionPros....