By Associated Builders and Contractors
Associated Builders and Contractors has reported its Construction Backlog Indicator rebounded modestly to 7.3 months in December, an increase of 0.1 months from November’s reading, according to an ABC member survey conducted from December 18th to January 5th. Backlog is 1.5 months lower than in December 2019.
ABC’s Construction Confidence Index readings for sales, profit margins and staffing levels increased in December. The sales index climbed above the threshold of 50, indicating contractors expect to grow sales over the next six months. The index reading for profit margins remained below that threshold. The staffing level index increased to 56.3 but remains well below its December 2019 reading. (Source)
NEWS TICKER
- [May 30, 2025] - Phoenix Wants Multifamily Mixed-Use at 19th & Dunlap Light Rail
- [May 30, 2025] - Senior/Assisted Living Center Proposed in Maricopa
- [May 30, 2025] - Scottsdale Establishes Transportation & Infrastructure Department
- [May 30, 2025] - Arizona Projects 05-30-25
- [May 28, 2025] - Split Vote Complicates Plans for VAI Resort
- [May 28, 2025] - Safford Approves 165-Unit Multifamily Development
- [May 27, 2025] - JDM Proposal Reimagines Biltmore Infill Project
- [May 27, 2025] - $500M Whiteriver Hospital Preparations Advancing