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Biden Administration’s Davis-Bacon ‘Reforms’ Are More Pork for Labor Unions

May 17, 2022

The Infrastructure Investment and Jobs Act delivers $550 billion of funding to improve our nation’s infrastructure, and the construction industry stands ready to deliver on the law’s promised revitalization of America’s roads, schools, bridges, utilities, and transportation systems.

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From the category archives: CBI

CBI

Participate in ABC’s CBI/CCI Economic Survey

All ABC contractor members received the monthly Construction Backlog Indicator/Construction Confidence Survey in their inboxes on Tuesday, April 20. Please encourage your members to respond to this monthly survey to help us understand the market forces that are shaping the construction outlook for the coming months.

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Construction Backlog Surges, Sets Record in Third Quarter

Providing more evidence of a strengthening economy, Associated Builders and Contractors’ (ABC) Construction Backlog Indicator (CBI) set a record as it expanded to 9.45 months during the third quarter of 2017, up 9.8 percent from the second quarter to the longest backlog reading in the eight-year history of the series.  CBI is up by 0.8 months, or 9.2 percent, on a year-over-year basis.
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