Material prices increase in March, expected to constrain profit growth
Construction Dive
APRIL 13, 2018
The ABC said that rising material prices and wages will challenge contractor profits in 2018, despite a healthy backlog of work.
Construction Dive
APRIL 13, 2018
The ABC said that rising material prices and wages will challenge contractor profits in 2018, despite a healthy backlog of work.
Construction Superintendent Magazine
JUNE 17, 2021
months in May, according to an ABC member survey conducted from May 20 to June 2, 0.1 While ABC’s Construction Confidence Index readings for sales increased modestly in May, confidence regarding profit margins and staffing levels slipped. months higher than in April 2021 and May 2020.
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BD+C
DECEMBER 7, 2017
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).
Construction Superintendent Magazine
APRIL 16, 2022
months in March, according to an ABC member survey. ABC’s Construction Confidence Index readings for sales, profit margins and staffing levels declined in March. Demand for construction services remains strong despite sky-high materials prices, skills shortages and elevated bids,” said ABC Chief Economist Anirban Basu.
Construction Business Owner
SEPTEMBER 1, 2022
All sorts of businesses rely on inventory to provide goods and services to their customers, but when it comes to construction, supplies and materials are truly essential. You’ll always have just enough construction supplies and materials. Greg Ragsdale. Thu, 09/01/2022 - 13:29. Without them, work comes to a halt.
Construction Superintendent Magazine
JUNE 20, 2018
. – Despite ongoing concerns regarding labor force availability and rising interest rates, and emerging concerns regarding tariffs and construction materials prices, construction contractors emerged from the first quarter of 2018 with tremendous confidence, according to the Associated Builders and Contractors Construction Confidence Index.
Levelset
JUNE 6, 2022
Retention doesn’t usually apply to material suppliers. 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. Paul’s Masonry invoices ABC $50,000 with 10% retention.
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