ABC’s Construction Backlog Indicator Rebounds in August; Contractor Optimism Builds
WASHINGTON, Sept. 15—Associated Builders and Contractors reported today that its Construction Backlog Indicator rebounded to 8.0 months in August, an increase of 0.2 months from July’s reading, according to an ABC member survey conducted Aug. 20-Sept. 1. The August...Breaking News: Take Action on the Paycheck Protection Program Extension Bill
US Representative Jaime Herrera Beutler (R-Wash.) has initiated a discharge petition that would force the House of Representatives to vote on Congressman Steve Chabot’s (R-Ohio) Paycheck Protection Program extension bill. If Rep. Herrera Beutler’s discharge...Construction Employment Continues to Recover in August, Says ABC
Construction industry employment expanded by 16,000 jobs on net in August, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Over the last four months, the industry added 658,000 jobs,...Nonresidential Construction Spending Falls in July
National nonresidential construction spending fell 1.2% in July, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, spending totaled $809.1 billion for the month....ABC’s Construction Backlog Indicator Down in July; Contractor Optimism Falls
Associated Builders and Contractors reported today that its Construction Backlog Indicator declined to 7.8 months in July, a decrease of 0.3 months from the June reading, according to an ABC member survey conducted from July 20 to Aug. 5. Backlog is a full month lower...