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Associated Builders and Contractors reported today that its Construction Backlog Indicator fell 0.2 months in July and stands at 8.7 months, according to an ABC member survey conducted July 20 to Aug. 3.
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.
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.
Associated Builders and Contractors (ABC) reported that its Construction Backlog Indicator increased to 8.3 months in March, according to a member survey conducted between March 22 to April 5. The reading is up 0.5 months from March 2021. ABC’s Construction Confidence Index readings for sales, profit margins, and staffing levels declined in March. All three indices remain above the threshold of 50, however, indicating expectations of growth over the next six months.