Tag: Construction Backlog Indicator

Construction Equipment

Contractors confident in 2020 prospects despite economic uncertainty

’Tis the forecast season and the general feeling is muted hope – except if you talk to contractors. First, a look at 2019. When the final tallies come in, the Association of Equipment Manufacturers expects the construction equipment industry to have grown 3.9 percent – not bad, but definitely not the gangbuster 12 percent growth […]

January 13, 2020

Business

Construction Backlog indicates stall in commercial construction in Q4 2012

Fiscal cliff fears and constrained project budgets are behind the stall in commercial construction in the fourth quarter of 2012, according to the Associated Builders and Contractors Construction Backlog Indicator. The CBI is measured in months and reflects the amount of construction work under contract, but not yet completed by nonresidential contractors, according to ABC. […]

February 19, 2013