Tag: Associated Builders and Contractors

ABC’s Construction Backlog Indicator sinks below record highs

Associated Builders and Contractors (ABC) reports that its Construction Backlog Indicator contracted to 9.04 months during the third quarter of 2018, down 8.4 percent from the second quarter and 4.3 percent lower than the same time last year.

ABC predicts construction sector will remain strong in 2019

Associated Builders and Contractors (ABC) Chief Economist Anirban Basu forecasts another strong year for construction sector performance, yet warns about inflationary pressures.

ABC’s CBI hits a new high in second quarter of 2018

Associated Builders and Contractors (ABC) reported that its Construction Backlog Indicator (CBI) expanded to a record 9.9 months during the second quarter of 2018. Backlog is up 12.2 percent from the first quarter and 14 percent compared with the same time last year.

Construction material prices fall in August

Prices for inputs to construction fell 0.5 percent in August but are 8.1 percent higher than at the same time one year ago, according to an Associated Builders and Contractors analysis of Bureau of Labor Statistics data.

Construction material prices increase steadily in June

According to an Associated Builders and Contractors (ABC) analysis of U.S. Bureau of Labor Statistics data, construction material prices rose another 0.8 percent in June and are 9.6 percent higher than they were at the same time one year ago.

ABC’s CBI declines in first quarter of 2018

Associated Builders and Contractors (ABC) reports that its Construction Backlog Indicator (CBI) contracted to 8.8 months during the first quarter of 2018, down 9 percent from the prior quarter.

Construction materials prices surge again in May

Prices for inputs to construction materials expanded 2.2 percent in May and are 8.8 percent higher than at the same time one year ago, according to an Associated Builders and Contractors (ABC) analysis of U.S. Bureau of Labor Statistics data. This represents the largest monthly increase in 10 years

Nonresidential construction down in March

Nonresidential construction spending declined 0.3 percent in March, according to an Associated Builders and Contractors (ABC) analysis of U.S. Census Bureau data.

Nonresidential construction flat in February

Nonresidential construction spending inched 0.1 percent higher in February, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data. Nonresidential spending, which totaled $732.8 billion on a seasonally adjusted, annualized basis, has expanded 1.3 percent since February 2017.

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