CBI

ABC’s Construction Backlog Indicator Hits a New High; 2018 Poised to Be a Very Strong Year for Construction Spending

by Associated Builders and Contractors on March 19, 2018

Associated Builders and Contractors (ABC) today reported that its Construction Backlog Indicator (CBI) expanded to 9.67 months during the fourth quarter of 2017 — its highest level ever and a 2.25 percent increase from the prior quarter. Backlog records were broken in the Northeast region, the commercial/industrial segment and among firms with $30 to $50…

ABC’s Construction Backlog Indicator Fell to End 2016

by Associated Builders & Contractors on March 16, 2017

Construction backlog fell by 4 percent during the last quarter of 2016, according to the latest Construction Backlog Indicator (CBI) released today by Associated Builders and Contractors (ABC). Contractors in each segment surveyed—commercial/institutional, infrastructure and heavy industrial—all saw lower backlog during the fourth quarter, with firms in the heavy industrial segment experiencing the largest drop,…