WASHINGTON, DC — Associated Builders and Contractors reported April 15 that its Construction Backlog Indicator rose to 8.5 months in March, according to an ABC member survey conducted March 20 to ...
There are worse economic trends than slowing productivity. How about declining productivity for one? That’s the nasty trick pulled by the US construction sector. It’s been running in reverse for a ...
In October, backlog declined and contractor confidence waned in Associated Builders and Contractors’ latest survey, with more cautious profit and staffing outlooks highlighting a cooling market as ...
As we close out 2023, most of the major economic indicators look positive, with some surprisingly good. One key leading indicator, architectural billings, predicts a solid 2024 for the construction ...
Planning for the future has never been as vital — nor as daunting — as it is today. The past five years have demonstrated just how tumultuous the construction industry can be – from supply chain ...
Available job openings in the construction sector showed month-to-month and year-over-year declines. Economists point to caution from investors and owners taking a wait-and-see approach—at least in ...
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