Tag Archives: Associated Builders and Contractors

Construction Backlog Indicator Hits Post-Recession High

Associated Builders and Contractors’ (ABC) Construction Backlog Indicator (CBI) hit a post-recession high in the fourth quarter of 2013, growing from 8.2 months to 8.3 months (1.3 percent). Compared to a year ago, the CBI is 3.9 percent higher—up from … Continue reading

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Nonresidential Construction Employment Declines in December

National construction employment decreased by 16,000 jobs in December, according to a January 10 report by the U.S. Department of Labor. Nonresidential construction saw the bulk of job losses, contributing 88.1 percent of total construction industry job loss and losing … Continue reading

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PPI Report Shows Flat Glass Prices Up 1.3 Percent

Glass globe with dollar signs on background with money symbol.

Flat glass prices climbed 1.3 percent from October to November, according to the latest Producer Price Index (PPI) report issued by the U.S. Labor Department. It’s welcome news for an industry that saw prices fall precipitously during the recent recession … Continue reading

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CBI Remains Stable in Third Quarter

Nonresidential construction spending remained unchanged from the second to third quarter of this year, according to the Construction Backlog Indicator (CBI) report produced by Associated Builders and Contractors (ABC). “The most recent CBI reading suggests much of the growth next … Continue reading

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Third-Quarter Nonresidential Fixed Investment in Structures Rises 12.3 Percent

Fixed investment in nonresidential structures and intellectual property grew 12.3 percent and 2.2 percent, respectively, in the third quarter, according to an analysis of data released by the U.S. Commerce Department by Associated Builders and Contractors (ABC). However, the group … Continue reading

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Glass, Construction Industries Face Shortage of Qualified Labor

Companies in the Midwest, such as Arlington Glass, are finding work in a variety of different project types as the market slowly returns.

The president of J.E. Berkowitz LP credits his company’s “new age” hires for largely sparing the company from the shortage of qualified labor that is being felt nationally. Arthur Berkowitz says his Pedricktown, N.J.-based architectural glass company’s experience with the … Continue reading

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Construction Materials Prices Remain Stable, Rise Only 0.3 Percent in August

Construction materials prices rose only 0.3 percent in August and are up 1.4 percent year over year, according to the September 13 Producer Price Index released by the Department of Labor. In addition, nonresidential construction materials increased 0.5 percent for … Continue reading

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Nonresidential Construction Spending Increases 0.7 Percent in April

After a disappointing March, the nation’s nonresidential construction industry bounced back moderately in April, according to an analysis of a recent report from the U.S. Census Bureau by Associated Builders and Contractors (ABC).  Nonresidential construction spending increased 0.7 percent in … Continue reading

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First Quarter CBI Declines 1.1 Percent; Non-Res Activity Remains Sporadic

The Associated Builders and Contractors (ABC) reported its Construction Backlog Indicator (CBI) remained unchanged at eight months from the third quarter through the fourth quarter of 2012. However, it is up 2.4 percent compared to a year ago. CBI is … Continue reading

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Nonresidential Fixed Investment Rises 2.1 Percent in First Quarter

Nonresidential fixed investment grew 2.1 percent in the first quarter of this year, with 3 percent growth in equipment and software investments partially offset by a 0.3 percent decrease in investment in structures, according to the April 26 report by … Continue reading

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