What's Hot

    TSMC Building Water Reclamation Plant

    September 3, 2025

    Pinal Airpark Gets OK, Funding for Air Traffic Tower

    September 3, 2025

    336 Apartments Coming to Casa Grande Commons

    September 2, 2025
    Facebook Twitter Instagram
    AZBEX
    NEWS TICKER
    • [September 3, 2025] - TSMC Building Water Reclamation Plant
    • [September 3, 2025] - Pinal Airpark Gets OK, Funding for Air Traffic Tower
    • [September 2, 2025] - 336 Apartments Coming to Casa Grande Commons
    • [September 2, 2025] - HonorHealth to Build on Former Amkor Site in Vistancia
    • [September 2, 2025] - Environmentalists Sue ADWR Over Benson-Area Developments
    • [September 2, 2025] - Industry Professionals 09-02-25
    • [September 2, 2025] - Commercial Real Estate 09-02-25
    • [August 29, 2025] - 160-Unit Multifamily Planned at 13th St. & Madison in Phoenix
    Facebook Twitter YouTube LinkedIn
    • Home
    • News
      1. View Latest
      2. Planning & Development
      3. Local News
      4. Classifieds
      5. Editorial Analysis
      6. Budgets & Funding
      7. Commercial Real Estate
      8. People on the Move
      9. Arizona Projects
      10. Legislation & Regulations
      11. Trends

      TSMC Building Water Reclamation Plant

      September 3, 2025

      Pinal Airpark Gets OK, Funding for Air Traffic Tower

      September 3, 2025

      336 Apartments Coming to Casa Grande Commons

      September 2, 2025

      160-Unit Multifamily Planned at 13th St. & Madison in Phoenix

      August 29, 2025

      HonorHealth to Build on Former Amkor Site in Vistancia

      September 2, 2025

      Buckeye City Council Discusses Annexing Land for Community Master Plan

      August 29, 2025

      Round 3 of BuildItAZ Grants Announced

      August 26, 2025

      Magazine Tackles Construction Crisis by Inspiring Teen Girls to Enter Skilled Trades

      August 22, 2025

      Scottsdale Hospitals War May Heat Up with New Banner Request

      July 29, 2025

      Glendale Voters to Determine VAI Resort’s Fate

      May 16, 2025

      Legislation Would Effectively Strip NIMBYs of Referendum Tool

      February 11, 2025

      2025 Forecast Tries to Clarify an Uncertain Market

      February 7, 2025

      RTA Funding Proposal Stirs Controversy

      August 15, 2025

      Ariz. LIHTC to Sunset Under New Budget

      July 8, 2025

      State Government Shutdown Averted as Hobbs Signs Budget

      July 1, 2025

      Arterial Life Cycle Program Covers 20 Years of Street Development

      June 27, 2025

      Commercial Real Estate 09-02-25

      September 2, 2025

      Commercial Real Estate 08-26-25

      August 26, 2025

      Commercial Real Estate 08-19-25

      August 19, 2025

      Commercial Real Estate 08-12-25

      August 12, 2025

      Industry Professionals 09-02-25

      September 2, 2025

      Industry Professionals 08-26-25

      August 26, 2025

      Industry Professionals 08-19-25

      August 19, 2025

      Industry Professionals 08-12-25

      August 12, 2025

      Arizona Projects 08-29-25

      August 29, 2025

      Arizona Projects 08-22-25

      August 22, 2025

      Arizona Projects 08-15-25

      August 15, 2025

      Arizona Projects 08-08-25

      August 8, 2025

      Environmentalists Sue ADWR Over Benson-Area Developments

      September 2, 2025

      Pima County Latest to Amend Zoning for Data Centers

      August 22, 2025

      Tucson City Council Likely to Approve Water Restriction on Large

      August 19, 2025

      Ritz-Carlton Paradise Valley Fight Could End in Foreclosure

      August 15, 2025

      Ariz. Construction Lost 400 Jobs in July

      August 19, 2025

      Experts Share on the Latest Industrial Trends at BEX Panel

      August 15, 2025

      Multifamily Developer Confidence Up in Q2

      August 12, 2025

      Ariz. Construction Gained 600 Jobs in June

      July 22, 2025

      TSMC Building Water Reclamation Plant

      September 3, 2025

      Pinal Airpark Gets OK, Funding for Air Traffic Tower

      September 3, 2025

      336 Apartments Coming to Casa Grande Commons

      September 2, 2025

      HonorHealth to Build on Former Amkor Site in Vistancia

      September 2, 2025
    • AZBEX
      • Subscribe
      • Solicitations
      • Classifieds
      • Advertising
    • DATABEX
      • DATABEX Log-In
      • Webinars
      • Monthly Snapshot
    • Events
      • 2025 Hospitality LMS
      • 2025 Public Works Conference
    • About Us
      • Meet the Company
      • Meet the Sales Team
      • Meet the Editorial Team
      • Meet the BEXperts
    • CIP Special Report
    AZBEX
    Home » Trends » Oct. Backlog Indicator Mixed; Confidence Dips
    Trends

    Oct. Backlog Indicator Mixed; Confidence Dips

    BEX StaffBy BEX StaffNovember 20, 2023No Comments2 Mins Read
    Credit: Phoenix Business Journal
    Share
    Facebook Twitter LinkedIn Pinterest Email

    By Associated Builders and Contractors

    Associated Builders and Contractors reported its Construction Backlog Indicator declined to 8.4 months in October from 9.0 months in September, according to an ABC member survey conducted from Oct. 19 to Nov. 2. The reading is down 0.4 months from October 2022.

    Backlog now stands at its lowest level since the first quarter of 2022. Declines were concentrated among the smallest contractors, those with less than $30M in annual revenues. All three other revenue categories experienced an increase in backlog in October.

    ABC’s Construction Confidence Index readings for sales, staffing levels and profit margins fell in October. All three readings remain above the threshold of 50, indicating expectations for growth over the next six months.

    “While larger contractors continue to disproportionately benefit from a bevy of megaprojects around the nation, many smaller contractors are feeling the sting of weaker economic fundamentals in struggling commercial real estate segments,” said ABC Chief Economist Anirban Basu. “Smaller contractors are often the ones most dependent on developer-driven activity. With developers facing both higher borrowing costs and greater difficulty lining up project financing, backlog among some contractors is beginning to dissipate. 

    “This is precisely what ABC economists predicted,” said Basu. “The vast majority of contractors could boast healthy backlog, especially those working in the manufacturing/industrial, infrastructure, data center and healthcare segments. But those tied to the office, shopping center and multifamily markets are likely experiencing difficulty lining up work. This helps explain declines in the readings for ABC’s Construction Confidence Index in all three dimensions: sales, employment and margins. Each of these readings, however, remains above 50, suggesting that, while industry growth is softening, it has yet to enter contractionary territory.” (Source)

    ABC Anirban Basu Associated Builders and Contractors CBI CCI Construction Backlog Indicator Construction Confidence Index credit conditions Data Center Healthcare infrastructure interest rates manufacturing/industrial office project financing costs shopping center trends
    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email

    Related Posts

    HonorHealth to Build on Former Amkor Site in Vistancia

    September 2, 2025

    Vestar Planning Major New Mixed-Use at Legacy Park

    August 29, 2025

    Buckeye City Council Discusses Annexing Land for Community Master Plan

    August 29, 2025

    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    Our Picks

    TSMC Building Water Reclamation Plant

    September 3, 2025

    Pinal Airpark Gets OK, Funding for Air Traffic Tower

    September 3, 2025

    336 Apartments Coming to Casa Grande Commons

    September 2, 2025

    HonorHealth to Build on Former Amkor Site in Vistancia

    September 2, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • LinkedIn
    • YouTube
    Don't Miss
    Planning & Development

    TSMC Building Water Reclamation Plant

    September 3, 20250

    Taiwan Semiconductor Manufacturing Company has broken ground on a 15-acre water reclamation plant to increase…

    Pinal Airpark Gets OK, Funding for Air Traffic Tower

    September 3, 2025

    336 Apartments Coming to Casa Grande Commons

    September 2, 2025

    HonorHealth to Build on Former Amkor Site in Vistancia

    September 2, 2025

    BEX serves architecture, engineering and construction firms as well as all the ancillary product and service categories that market to them. These include manufacturing representatives, public agencies and private real estate organizations, specialty subcontractors and services providers related to our industry.

    Our Picks

    TSMC Building Water Reclamation Plant

    September 3, 2025

    Pinal Airpark Gets OK, Funding for Air Traffic Tower

    September 3, 2025

    336 Apartments Coming to Casa Grande Commons

    September 2, 2025
    Contact Us

    Phone: 480-709-4190
    Address: P.O. Box 12196 Tempe, AZ 85284
    Email: sales@azbex.com

    Type above and press Enter to search. Press Esc to cancel.