Associated Builders and Contractors released its 2024 Top Performers lists, recognizing its contractor members’ outstanding achievements in safety, quality, inclusion, project excellence and special designations ranked by number of hours worked. Skanska Building Inc. has been named the Top Performer in the healthcare market sector. Read More …
ABC: Nonresidential Construction Spending Inches Higher, up 20% Over the Past Year
National nonresidential construction spending increased 0.1% in October, according to an Associated Builders and Contractors’ analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.1 trillion. Read More …
ABC Construction Backlog Indicator Falls for Small Contractors, Increases for Large Contractors
Associated Builders and Contractors reported that its Construction Backlog Indicator declined to 8.4 months in October from 9 months in September, according to an ABC member survey conducted Oct. 19-Nov. 2. The reading is down 0.4 months from October 2022. Read More …
ABC: Monthly Construction Input Prices Increase Slightly
Construction input prices increased 0.2% in September compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index data. Healthcare construction input prices increased 0.2% for the month, as well. Read More …
Commercial, Institutional, Healthcare Construction Drive ABC’s Backlog Indicator to Highest Level Since Q2 2019
Associated Builders and Contractors’ Construction Backlog Indicator has increased to 9.2 months in November, according to an ABC member survey conducted Nov. 21-Dec. 6. The reading is .8 months higher than in November 2021.
View ABC’s Construction Backlog Indicator and Construction Confidence Index tables for November 2022. Read More …
Nonresidential Construction Spending Slightly Dips, Says ABC
National nonresidential construction spending was down by 0.6% in May, according to an Associated Builders and Contractors’ analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $832.5 billion for the month. Read More …