Articles Tagged with ''non-residential construction''

The Associated Builders and Contractors (ABC) announced that its Construction Confidence Index (CCI) increased across all three indices in the first half of 2014. Each index category now stands at a post-recession high, indicating that nonresidential construction’s recovery, already robust, is positioned to continue into the year ahead.

The Associated Builders and Contractors (ABC) announced that its Construction Backlog Indicator (CBI) reached an all-time high in the second quarter of 2014. The CBI improved 5.4 percent following a 2.8 percent decline in the first quarter. It currently stands at 8.5, up 3.6 percent on a year-over-year basis.

Total construction spending in January posted the largest year-over-year increase since 2006, with growth in public construction as well as private residential and nonresidential spending, according to an analysis of new Census Bureau data by the Associated General Contractors of America (AGC).

The Associated Builders and Contractors (ABC) Construction Backlog Indicator (CBI) hit a post-recession high in the fourth quarter of 2013, growing from 8.2 months to 8.3 months (1.3 percent). Compared to the prior year, the CBI is 3.9 percent higher — up from 8 months at the end of 2012.

Nonresidential construction spending grew 0.2 percent in August and is up 1.3 percent on an annual basis, according to a release from the U.S. Census Bureau reported by the Associated Builders and Contractors (ABC).

FMI, a provider of management consulting and investment banking to the engineering and construction industry, has announced the release of its 2013 Third Quarter Nonresidential Construction Index (NRCI) report. The NRCI score of 60.3 is a .2-point improvement over the second quarter.

FMI has announced the release of its 2013 second quarter Nonresidential Construction Index (NRCI) report. The NRCI score of 60.1 is a two point improvement over the first quarter and is the highest score for the index since its inception in the first quarter of 2009.

Total construction spending registered a small gain in April but showed very mixed patterns among major segments, according to an analysis of new Census Bureau data by the Associated General Contractors of America (AGC).

Construction industry executives are optimistic that local nonresidential construction activity will improve in 2013, according to a survey by Wells Fargo Equipment Finance Inc., a subsidiary of Wells Fargo & Co.

Even though growth in the U.S. economy continues to be disappointing, nonresidential construction activity is projected to see healthy if unspectacular gains this year, with construction spending for buildings rising by 5 percent in 2013 before accelerating to 7.2 percent in 2014, according to a report from the American Institute of Architects (AIA).