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From the category archives: Construction Backlog Indicator
Tuesday, June 2, 2015 9:00 AM
Associated Builders and Contractors’ (ABC) Construction Backlog Indicator (CBI) declined 3.2 percent during the first quarter of 2015. Construction firms report a revenue-weighted average CBI of 8.4 months, 0.3 months below the fourth quarter of 2014 reading. Year over year, CBI has increased 4 percent from the first quarter of 2014 backlog of 8.1 months.
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Monday, February 23, 2015 3:33 PM
According to Associated Builders and Contractors (ABC), the Construction Backlog Indicator (CBI) for the fourth quarter of 2014 declined 0.1 months, or 1 percent. Despite the quarter-over-quarter decline, backlog ended the year at 8.7 months, which is still 4.4 percent higher than one year ago.
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Monday, November 17, 2014 11:49 AM
Associated Builders and Contractors (ABC) Construction Backlog Indicator (CBI) reached a new all-time high during the third quarter of 2014 at 8.8 months, eclipsing the previous all-time high of 8.5 months in the second quarter of 2014. The 2014 third quarter backlog is 6.9 percent higher than the third quarter of 2013 and the continued growth of backlog during the last six months likely indicates that 2015 will be a strong year of recovery for the nation’s nonresidential construction industry.
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Tuesday, August 19, 2014 8:07 AM
Associated Builders and Contractors (ABC) Construction Backlog Indicator (CBI) reached an all-time high in the second quarter of 2014. CBI improved 5.4 percent following a 2.8 percent decline in the first quarter and currently stands at 8.5; up 3.6 percent on a year-over-year basis.
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Tuesday, June 3, 2014 9:16 AM
Harsh winter weather helped produce a 2.8 percent decline in Associated Builders and Contractors’ (ABC) Construction Backlog Indicator (CBI) during 2014’s first quarter. The weather also impacted construction starts, architectural billings and many other construction-related metrics. Overall CBI now stands at 8.1 months—down from the 8.3 months in the previous quarter, but up from 7.9 months a year ago.
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Tuesday, February 25, 2014 12:24 PM
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 a year ago, CBI is 3.9 percent higher—up from 8 months at the end of 2012.
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Tuesday, November 19, 2013 10:07 AM
As the economy gradually recovers, nonresidential construction spending remains unchanged—a good sign the downturn in the industry has stopped, according to the Construction Backlog Indicator (CBI) produced by Associated Builders and Contractors (ABC).CBI also remained nearly unchanged between the second and third quarters of 2013.
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Monday, August 19, 2013 4:25 PM
Associated Builders and Contractors (ABC) today reports its Construction Backlog Indicator (CBI) rose 3.9 percent during the second quarter of 2013 and now stands at 8.2 months, up from 7.9 months the previous quarter. Construction backlog is up 6.6 percent compared to the same time last year. CBI reflects the amount of commercial and industrial construction work under contract, but not yet completed.
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Tuesday, May 21, 2013 8:44 AM
Associated Builders and Contractors (ABC) today reports its Construction Backlog Indicator (CBI) declined 1.1 percent during the first quarter of 2013 and now stands at 7.9 months. Despite the quarterly decline, CBI is still 7 percent higher compared to one year ago. CBI is measured in months and reflects the amount of commercial and industrial construction work under contract, but not yet completed.
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Tuesday, February 19, 2013 8:00 AM
Associated Builders and Contractors (ABC) today reports that its Construction Backlog Indicator (CBI) remained unchanged at 8 months from the third quarter through the fourth quarter of 2012; however, it is up 2.4 percent compared to a year ago. CBI is measured in months and reflects the amount of construction work under contract, but not yet completed by nonresidential contractors.
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