ABC’s Construction Backlog Indicator Up in June; Contractor Optimism Grows
Associated Builders and Contractors reported today that its Construction Backlog Indicator rose to 8.1 months in June, an increase of 0.2 months from May’s reading. CBI is down approximately 8% from its June 2019 level. Every region except the Middle States...Anti-competitive House Infrastructure Bill Will Drive Up Costs for Ohio Taxpayers
While the need for a substantial infrastructure package is clear, the U.S. House of Representatives bill, H.R. 2, the Moving Forward Act, relies heavily on deficit spending and includes harmful and expensive polices that will be detrimental to our nation’s ability to...Small Business Aid in Next Round of Relief
As conversations continue surrounding a new relief package when Congress returns next week, Senators in both parties say they support adding new requirements for businesses who want to apply for a second tranche of funding through the Paycheck Protection Program (PPP)...Monthly Construction Input Prices Rise in June, Says ABC
Construction input prices rose 2.2% in June, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices rose by 2.3% for the month. Among the 11...Monthly Construction Input Prices Rise in June, Says ABC
WASHINGTON, July 10—Construction input prices rose 2.2% in June, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices rose by 2.3% for the...