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Category: Construction Confidence Index

ABC’s Construction Backlog Indicator Up in July, Contractors Remain Confident

14Aug
by Derrick Holt  
0

WASHINGTON, Aug. 15—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.

View the full Construction Backlog Indicator and Construction Confidence Index data series.

The South remains the region with the highest level of backlog, despite being the only region with lower backlog on a year-ago basis. Backlog gains in July were concentrated in the commercial and institutional category

ABC’s Construction Backlog Indicator Steady in June, Contractor Confidence Down

11Jul
by Grace Austin  
0

WASHINGTON, July 11—Associated Builders and Contractors reported today that its Construction Backlog Indicator remained unchanged at 8.9 months in June, according to an ABC member survey conducted June 20 to July 5. The reading is unchanged from June 2022.

Construction Employment Increased by 23,000 in June, Says ABC

07Jul
by Grace Austin  
0

WASHINGTON, July 7—Construction industry employment increased by 23,000 in June, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Industry employment has risen by 198,000 jobs since June 2022, an increase of 2.6%, to 7.947 million. 

Construction Job Openings Increased by 19,000 in May to 366,000, Says ABC

06Jul
by Grace Austin  
0

WASHINGTON, July 6—The construction industry had 366,000 job openings on the last day of May, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting. Industry job openings increased by 19,000 last month but are down by 26,000 from the same time last year.

Nonresidential Construction Spending Decreases in May, First Time in Nearly a Year, Says ABC

03Jul
by Grace Austin  
0

WASHINGTON, July 3—National nonresidential construction spending decreased 0.2% in May, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.06 trillion.

ABC’s Construction Backlog Indicator Holds Steady in May

13Jun
by Grace Austin  
0

WASHINGTON, June 13—Associated Builders and Contractors reported today that its Construction Backlog Indicator remained unchanged at 8.9 months in May, according to an ABC member survey conducted May 20 to June 7. The reading is 0.1 months lower than in May 2022.

ABC Construction Backlog Indicator Rebounds in April Due to Infrastructure Category Strength

16May
by Erika Walter  
0

ABC Construction Backlog Indicator Rebounds in April Due to Infrastructure Category Strength

ABC’s March Construction Backlog Indicator Down to Lowest Level Since August 2022

11Apr
by Erika Walter  
0

WASHINGTON, April 11—Associated Builders and Contractors reported today that its Construction Backlog Indicator declined to 8.7 months in March, according to an ABC member survey conducted March 20 to April 3. The reading is 0.4 months higher than in March 2022.

ABC’s Construction Backlog Indicator and Contractor Confidence Index Rise in February

14Mar
by Erika Walter  
0

WASHINGTON, March 14—Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 9.2 months in February, according to an ABC member survey conducted Feb. 20 to March 6. The reading is 1.2 months higher than in February 2022.

Nonresidential Construction Spending Inches Higher in January, Says ABC

01Mar
by Grace Austin  
0

WASHINGTON, March 1—National nonresidential construction spending increased by 0.3% in January, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $968.7 billion for the month.

 

Serving Mahoning, Trumbull, and Columbiana County for electrical inspections. Inspecting electrical and foundations of manufactured homes for the State of Ohio

 

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