Associated Builders and Contractors reported 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.
COVID-19 Crushes Construction Starts in Most Metro Areas During First-Half 2020
The damage to commercial and multifamily construction during the first half of the year was palpable. Commercial and multifamily construction starts in the top 20 metropolitan areas posted a 22% drop through the first six months of 2020.
Nonresidential Construction Spending Falls Again in July, Says ABC
National nonresidential construction spending fell 1.2% in July, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau.
Construction Executive 2020 Economic Survey
CE seeks to gauge contractors' experiences and market predictions as the pandemic lasts through the remainder of 2020.
Construction Output Drops Significantly Due to COVID-19, Says ABC
The U.S. economy contracted at an annualized rate of 32.9% during the second quarter of 2020 due to declines in personal consumption, exports and private inventory investment, among other factors.
PPP Loan Extension Ending Aug. 8
There is just over one week left to apply for the extended period of the Paycheck Protection Program, which will accept new applications through Aug. 8.
The Bottom Line With Anirban Basu—July 14, 2020
Associated Builders and Contractors reported today that its Construction Backlog Indicator rose to 8.1 months in June.
Public Projects in the Pandemic Pandemonium
As many grapple with new economic realities, here are some of the approaches employed by states in the southeast to manage construction of public projects in this unprecedented time.









