Backlog dips, but contractor confidence remains high
Construction Dive
OCTOBER 11, 2023
Despite firms’ stable profit margins and expanding sales, the economy faces several challenges that could affect construction, said ABC’s chief economist.
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Construction Dive
OCTOBER 11, 2023
Despite firms’ stable profit margins and expanding sales, the economy faces several challenges that could affect construction, said ABC’s chief economist.
Construction Superintendent Magazine
DECEMBER 30, 2021
ABC’s Construction Confidence Index readings for sales, profit margins and staffing levels increased in November. Associated Builders and Contractors reports that its Construction Backlog Indicator rose to 8.4 months in November, according to an ABC member survey conducted Nov. 19 to Dec. 19 to Dec.
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BD+C
JANUARY 23, 2020
construction industry leaders increased in November 2019 with respect to sales, profit margins, and staffing, according to the Associated Builders and Contractors Construction Confidence Index. . Confidence among U.S.
Construction Equipment
APRIL 24, 2020
The Associated Builders and Contractors Association said its Construction Confidence Index fell to its lowest-ever levels in all three areas it measures: sales, profit margins, and staffing levels. The survey of ABC members was taken March 20-31. Fewer than 30 percent of survey respondents expected…
Construction Superintendent Magazine
JULY 24, 2019
construction industry leaders remained upbeat regarding nonresidential construction’s near-term prospects in May 2019, according to the Construction Confidence Index released by Associated Builders and Contractors. The CCI for sales expectations increased from 68.4 The CCI for.
Autodesk Construction Cloud
JUNE 15, 2023
We all recognize the importance of exploring and adopting technology, especially in today’s rapidly evolving construction landscape. Navigating the world of construction tech isn’t always easy. Recent highlights from the ABC Tech Report Every year, ABC publishes its Tech Report. Is it all of the above?
Construction Superintendent Magazine
FEBRUARY 16, 2021
Associated Builders and Contractors reported today that its Construction Backlog Indicator rose to 7.5 months from its December 2020 reading, according to an ABC member survey conducted from Jan. The index reading for profit margins remained below that threshold, slipping to 47.5 months in January 2021, an increase of 0.2
Construction Superintendent Magazine
APRIL 16, 2022
Associated Builders and Contractors’ latest Construction Backlog Indicator has increased to 8.3 months in March, according to an ABC member survey. ABC’s Construction Confidence Index readings for sales, profit margins and staffing levels declined in March. The reading is up.5 5 months from March 2021.
Construction Superintendent Magazine
OCTOBER 11, 2022
Associated Builders and Contractors reports that its Construction Backlog Indicator increased to 9 months in September, according to an ABC member survey conducted Sept. View ABC’s Construction Backlog Indicator and Construction Confidence Index tables for September. The reading is 1.4
Construction Superintendent Magazine
JUNE 16, 2022
Associated Builders and Contractors reported 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-June 3. Contractors with more than $100 million in annual revenues enjoyed the highest backlog, at 13.2 months in April to 9.3
Construction Superintendent Magazine
MAY 23, 2022
Associated Builders and Contractors reported that its Construction Backlog Indicator increased to 8.8 The index readings for sales and staffing levels declined in April, while the reading for profit margins moved higher. months in April, according to an member survey conducted from April 20 to May 4. The reading is up 0.9
Construction Business Owner
JANUARY 22, 2013
January 22, 2013) – Associated Builders and Contractors (ABC) today released its Construction Confidence Index (CCI) for the second half of 2012. nonresidential construction industry: sales prospects, staffing levels and profit margins. WASHINGTON, D.C. The CCI reflects three aspects of the U.S.
Construction Superintendent Magazine
NOVEMBER 15, 2021
Associated Builders and Contractors reports that its Construction Backlog Indicator rose to 8.1 months in October, according to an ABC member survey conducted from Oct. However, ABC’s Construction Confidence Index readings for sales and profit margins declined in October, while the index for staffing rose slightly.
BD+C
DECEMBER 7, 2017
The majority of commercial and industrial contractors are confident about sales growth, profits and staffing levels heading into 2018, according to the latest Associated Builders and Contractors (ABC) Construction Confidence Index (CCI).
Construction Superintendent Magazine
JULY 24, 2020
Associated Builders and Contractors reported that its Construction Backlog Indicator rose to 8.1 Every region except the Middle States experienced an increase in backlog in June compared to May, according to an ABC member survey conducted from June 20-July 1. months in June, an increase of 0.2 months from May’s reading.
Construction Superintendent Magazine
NOVEMBER 12, 2020
Associated Builders and Contractors reported its Construction Backlog Indicator rebounded to 7.7 months from September’s reading, according to an ABC member survey conducted from Oct. ABC’s Construction Confidence Index readings for sales, profit margins and staffing levels increased in October. 20 to Nov.
Construction Superintendent Magazine
JULY 11, 2023
Associated Builders and Contractors reported that its Construction Backlog Indicator remained unchanged at 8.9 months in June, according to an ABC member survey conducted June 20-July 5. View the historic Construction Backlog Indicator and Construction Confidence Index data series.
Construction Superintendent Magazine
JUNE 17, 2021
Associated Builders and Contractors reports that its Construction Backlog Indicator rose to 8.0 months in May, according to an ABC member survey conducted from May 20 to June 2, 0.1 months higher than in April 2021 and May 2020.
Construction Superintendent Magazine
DECEMBER 14, 2022
Associated Builders and Contractors’ Construction Backlog Indicator has increased to 9.2 months in November, according to an ABC member survey conducted Nov. View ABC’s Construction Backlog Indicator and Construction Confidence Index tables for November 2022. The reading is.8
Construction Dive
APRIL 13, 2018
The ABC said that rising material prices and wages will challenge contractor profits in 2018, despite a healthy backlog of work.
ENR Construction
JULY 12, 2022
The survey also shows an expectation that contractor profit margins will drop over the next six months—the first time a reduction has been anticipated since last October.
Construction Superintendent Magazine
JULY 19, 2022
Associated Builders and Contractors reports that its Construction Backlog Indicator fell 0.1 months, according to an ABC member survey conducted June 21-July 5. The index readings for sales, profit margins and staffing levels declined in June. months in June and stands at 8.9 The reading is up 0.4 months from June 2021.
Levelset
APRIL 28, 2022
Construction is a risky business, with among the highest rates of failure of any industry. In recent years, inflation, supply chain issues, and labor shortages have only increased the likelihood of project delays, performance issues, and contractor default. Related: 16 types of insurance coverage for contractors.
Fieldwire
JUNE 6, 2023
The construction industry is facing an ongoing labor shortage that has been years in the making and has reached new heights this year. Field solutions can help improve efficiency on the construction jobsite while also attracting and retaining skilled labor. This is where technology enters the equation.
BD+C
APRIL 18, 2019
Construction industry leaders remained confident regarding nonresidential construction prospects in February 2019, according to the latest Construction Confidence Index released by Associated Builders and Contractors.
Construction Superintendent Magazine
JUNE 20, 2018
. – Despite ongoing concerns regarding labor force availability and rising interest rates, and emerging concerns regarding tariffs and construction materials prices, construction contractors emerged from the first quarter of 2018 with tremendous confidence, according to the Associated Builders and Contractors Construction Confidence Index.
Levelset
JUNE 6, 2022
Construction projects rely on contractors completing the work they started and meeting the design intent. In an attempt to hold contractors accountable, many projects use retention holdbacks, also known as retainage. The rate of retention is stipulated in the construction contract and can often be negotiated.
Construction Superintendent Magazine
NOVEMBER 22, 2013
ARLINGTON, Va. -- Associated Builders and Contractors announced a collaboration with Synergis Engineering Design Solutions, a Platinum provider of Autodesk products, to bring Building Information Modeling training to ABC contractor members to make them more productive, efficient and profitable. frontpage'
Fieldwire
MARCH 16, 2022
As a construction professional, you work hard. General Interest Construction Associations. Here are some established construction-related organizations that can provide some of the above advantages. AIC members serve the construction industry through professionalism and a commitment to high ethical standards.
Construction Superintendent Magazine
APRIL 20, 2018
Commercial and industrial construction contractors entered 2018 with abundant confidence regarding sales and staffing levels for the next six months, according to the latest Construction Confidence Index released by Associated Builders and Contractors. The CCI for profit margin expectations fell from 62.4
BD+C
MARCH 29, 2017
Expectations for 2017 have become less optimistic, but the majority of industrial and commercial construction contractors still expect growth this year, according to the latest Associated Builders and Contractors (ABC) Construction Confidence Index (CCI). The latest survey revealed that:
Autodesk Construction Cloud
JUNE 28, 2023
The last few years have been tough on the construction industry, requiring businesses to rapidly adapt to changes in the supply chain and industry demands — while also handling struggles with finding workers or maintaining schedules. Top 2023 Construction Events & Conferences This list is organized chronologically.
Construction Superintendent Magazine
MARCH 1, 2019
Construction industry leaders remained predominantly confident about the nonresidential construction sector’s prospects during the final quarter of 2018, according to the latest Construction Confidence Index released by Associated Builders and Contractors.
Construction Superintendent Magazine
JULY 20, 2016
Construction input prices expanded in June, rising 1.1 percent on a monthly basis according to a recent analysis of the Bureau of Labor Statistics Producer Price Index released by Associated Builders and Contractors. WASHINGTON, D.C. Alternatively, rising costs.
Construction Superintendent Magazine
JANUARY 2, 2019
While construction industry leaders remained confident in the third quarter of 2018, optimism slipped relative to the second quarter, according to the latest Construction Confidence Index released by Associated Builders and Contractors. WASHINGTON, D.C.
Construction Superintendent Magazine
NOVEMBER 4, 2016
WASHINGTON, D.C. – The average contractor is less confident regarding business prospects for the next six months, but the nonresidential construction recovery is anticipated to remain in place, according to the Associated Builders and Contractors Construction Confidence Index released recently.
Viewpoint Construction Technology
SEPTEMBER 5, 2018
Mobile technology touches pretty much all parts of our lives these days, so it’s no surprise mobile has begun to play a significant role on construction jobsites. As we’ve discussed on Viewpoint Surveyor in the past, JBKnowledge’s Construction Technology Report from 2017 found that 83.1 But where should you go from here?
Construction Law Monitor
JUNE 2, 2011
to update how contractors are taxed. The introduction was immediately applauded by the Associated Builders and Contractors , who claim the bill will modify the tax code to help small construction contractors that are facing increased costs in energy, labor and materials. Wally Herger (R-Calif.), David McKinley (R-W.Va.)
Autodesk Construction Cloud
SEPTEMBER 14, 2022
Labor has been top of mind for many folks in construction, and for good reason: finding skilled team members has been increasingly difficult over the past few years. Between labor shortages and the underrepresentation of diverse groups in construction, the industry is facing a serious challenge. Construction runs in the family!
Autodesk Construction Cloud
JUNE 6, 2022
The construction industry is facing some major hurdles, particularly when it comes to labor and manpower. . According to a 2022 analysis by Associated Builders and Contractors (ABC) , the construction industry needs 650,000 additional workers this year alone—a number that’s difficult to meet, given the highly competitive labor market.
Autodesk Construction Cloud
JULY 7, 2022
There are many advantages to being a small construction firm. Like most SMBs, small-scale construction companies run on fewer resources. Their teams and budgets are leaner, so every investment must be carefully considered—particularly when it comes to tools like construction management software. . Let’s get started. .
Autodesk Construction Cloud
APRIL 18, 2023
The construction industry is no stranger to challenges, and the latest wave of rising costs is putting many firms to the test. Research from the Associated General Contractors of America (AGC) shows that while construction backlogs are high, elevated material and borrowing costs could put more pressure on contractors.
NH Construction Law
JANUARY 23, 2021
In an effort to avoid the costs and risks associated with the employment relation, contractors and construction managers often prefer to hire workers as “independent contractors” rather than employees.
NH Construction Law
OCTOBER 26, 2020
Independent Contractor vs. Employee : The U.S. Department of Labor is proposing a new rule that would make it easier to classify workers as independent contractors rather than employees for purposes of the Fair Labor Standards Act, which prescribes minimum wage and overtime rules for employees.
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