Construction Analytics
- Analytics, Forcasting
- October 25, 2022
ABC’s Construction Backlog Indicator Rebounds in March, Contractor Confidence Improves Associated Builders and Contractors reported that its Construction Backlog Indicator increased to 8.2 months in March from 8.1 months in February, according to an ABC member survey conducted March 20 to April 3. The reading is down 0.5 months from March 2023. View ABC’s Construction
READ MOREDodge Outlook: Starts Will Rise 6% in 2024, Only 2% This Year The Dodge Momentum Index (DMI), issued by Dodge Construction Network, fell 2.0% in May to 180.5 (2000=100) from the revised April reading of 184.1. Over the month, the commercial component of the DMI fell 6.1%, while the institutional component improved 5.6%. Commercial planning
READ MOREEd Zarenski, Construction Economics Analyst I gave two conference presentations in the past month. The most pressing questions from the audience were (not in any particular order): Are we headed into a recession? When will the recession begin? What can be done about the labor shortage? How can we support all the infrastructure work that
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