Remove ABC Remove Commercial Remove Profitability
article thumbnail

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.

article thumbnail

Optimism high amid uncertainty

Construction Dive

Commercial builders mostly expect profit to grow this year despite economic warning bells around debt and trade, according to an ABC confidence index.

Debt 133
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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).

ABC 61
article thumbnail

Accounting for Retention Receivable & Payable: A Contractor’s Guide

Levelset

Retention can be withheld on residential or commercial projects and on both public and private projects. It can significantly impact the financial standing of contractors, especially when working on projects with a small profit margin. ABC Contractor is billing a project owner for $100,000 with 10% retention.

article thumbnail

Contractor confidence ends 2016 down but still in positive territory

BD+C

Expectations for 2017 have become less optimistic, but the majority of industrial and commercial construction contractors still expect growth this year, according to the latest Associated Builders and Contractors (ABC) Construction Confidence Index (CCI).

article thumbnail

Contractors Remain Upbeat, According to ABC’s Latest Construction Confidence Index

Construction Superintendent Magazine

Commercial and industrial construction contractors entered 2018 with abundant confidence regarding sales and staffing levels for the next six months, according to the latest Construction Confidence Index released by Associated Builders and Contractors. The CCI for profit margin expectations fell from 62.4 WASHINGTON, D.C.

article thumbnail

The Small Business Guide to Construction Management Software

Autodesk Construction Cloud

The Associated Builders and Contractors (ABC) estimates the construction sector would need to bring in nearly 650,000 additional workers in 2022 to meet labor demands. As Anirban Basu, ABC Chief Economist said in a statement, “The workforce shortage is the most acute challenge facing the construction industry despite sluggish spending growth.

Software 105