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ABC Releases February Construction Spending Data

Construction Superintendent Magazine

National nonresidential construction spending declined 1 % in February, according to an Associated Builders and Contractors analysis of data published by the U.S. Private nonresidential spending fell 0.9%, while public nonresidential construction spending was down 1.2% Census Bureau. in February.

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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.

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

Construction Superintendent Magazine

Associated Builders and Contractors’ Construction Backlog Indicator has increased to 9.2 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. The reading is.8 8 months higher than in November 2021.

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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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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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ABC Provides Mid-Year Economic Outlook for Nonresidential Construction

Construction Superintendent Magazine

Nevertheless, emerging weakness in business investment has been hinting at softening outlays, giving commercial and industrial construction contractors cause for concern, according to a mid-year economic outlook by Anirban Basu, chief economist of Associated Builders and Contractors. Given that every expansion in U.S.

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