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ABC Releases February Construction Spending Data

Construction Superintendent Magazine

“Virtually every nonresidential construction segment experienced a decline in spending in February,” said ABC Chief Economist Anirban Basu. “In In certain instances, the monthly decline was sharp, including healthcare (-2.2%), commercial (-1.9%) and water supply (-1.8%).

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Commercial, institutional projects boost construction backlog

Construction Dive

Contractors are signaling that demand for their services will continue to expand despite high interest rates and regional bank failures, said Anirban Basu, ABC chief economist.

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Commercial Craft Apprenticeship Kicks Off

PC Construction

Last Friday, the newest participants in Vermont’s Commercial Craft Apprenticeship program gathered at the PC Construction office for a meet and greet and introduction to their next year of formalized training. The post Commercial Craft Apprenticeship Kicks Off appeared first on PC Construction. This is such an incredible opportunity.

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Backlog drops to lowest level since Q1 2022

Construction Dive

“Many smaller contractors are feeling the sting of weaker economic fundamentals in struggling commercial real estate segments,” said Anirban Basu, ABC chief economist.

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Commercial, Institutional, Healthcare Construction Drive ABC’s Backlog Indicator to Highest Level Since Q2 2019

Construction Superintendent Magazine

months in November, according to an ABC member survey conducted Nov. View ABC’s Construction Backlog Indicator and Construction Confidence Index tables for November 2022. ABC’s Construction Confidence Index reading for profit margins and staffing. The reading is.8 8 months higher than in November 2021.

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ABC Predicts Continued Construction Industry Growth in 2015

Construction Equipment

Associated Builders and Contractors (ABC) forecasts a steady and ongoing economic recovery for the U.S. commercial and industrial construction industries in 2015.

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Buoyed by healthy economy, ABC Index finds contractors upbeat

BD+C

The majority of commercial and industrial contractors are confident about sales growth, profits and staffing levels heading into 2018, according to the latest Associated Builders and Contractors (ABC) Construction Confidence Index (CCI).

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