Business
Contractor Confidence Tumbles in July, Construction Backlog Unchanged
Volatility in the industry—from job openings to materials prices—is not boding well for ABC's Construction Backlog Indicator and Construction Confidence Index.
By ABC
August 21, 2024
Topics
Business
by ABC
Associated Builders and Contractors is a national construction industry trade association representing more than 21,000 members. Founded on the merit shop philosophy, ABC and its 69 chapters help members develop people, win work and deliver that work safely, ethically and profitably for the betterment of the communities in which ABC and its members work.
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Energy Prices Drive Construction Materials Costs 0.3% Higher in October
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High energy prices are driving a slight surge in construction materials prices, but overall numbers remain lower than they were this time last year.
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ABC’s Construction Backlog Indicator Slips in October, Contractor Confidence Remains Elevated
By ABC
Backlog is down in October, but don't be fooled—this dip is consistent with October 2023, and contractors remain confident.
Business
Peer to Peer: Comparing Construction Company Metrics
By Michael McLin
“If your friends did that, would you do it too?” Well-meaning parents have repeated this trouble-stopping phrase for decades. But when it comes to evaluating your construction business’ success, measuring against your peers might not be such a bad idea after all.