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Material prices increase in March, expected to constrain profit growth

Construction Dive

The ABC said that rising material prices and wages will challenge contractor profits in 2018, despite a healthy backlog of work.

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ABC’s Construction Backlog Inches Higher in May, Materials + Labor Shortages Suppress Contractor Confidence

Construction Superintendent Magazine

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 While ABC’s Construction Confidence Index readings for sales increased modestly in May, confidence regarding profit margins and staffing levels slipped.

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Construction Backlog Up, Contractor Confidence Down in March   

Construction Superintendent Magazine

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.

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Buoyed by healthy economy, ABC Index finds contractors upbeat

BD+C

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).

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Accounting for Retention Receivable & Payable: A Contractor’s Guide

Levelset

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. These holdbacks need to be accounted for by every party to a project: owner, general contractor, and subcontractor.

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ABC?s Construction Confidence Index Surges in Q1

Construction Superintendent Magazine

. – 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.

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Contractors Lose Confidence in Q3 but Remain Upbeat

Construction Superintendent Magazine

. — 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.