Associated Builders and Contractors reported today that its Construction Backlog Indicator inched up to 8.5 months in November from 8.4 months in October, according to an ABC member survey conducted Nov. 20 to Dec. 4. The reading is down 0.7 months from November 2022. View ABC’s Construction Backlog Indicator and Construction Confidence Index tables for November. View the full Read more
economy
One of the biggest challenges faced by business owners is facing failure. When you’re on the right path to business ownership the last thing that you want to do is lose that. You have to choose to fail to learn in some cases, but you can easily get yourself caught in the belief that a Read more
Growth bolstered by an increase in price points despite material shortages and higher labor costs The National Kitchen & Bath Association (NKBA) – the world’s leading non-profit trade association for the kitchen and bath industry providing tools, research, certification, and events to thousands of professionals – has released its Kitchen & Bath Market Index (KBMI) for Q1 Read more
Healthy growth in building construction offsets infrastructure weakness Total construction starts rose 3% in April to a seasonally adjusted annual rate of $945.8 billion, according to Dodge Construction Network. Nonresidential building starts rose 6% and residential starts increased by 4%, while nonbuilding starts fell 4%. Year-to-date, total construction was 6% higher in the first four Read more
Trade businesses aren’t always associated with a need to implement greener practices. In reality, though, your company can be one of the biggest beneficiaries from adopting a better way of working. After all, you use more energy than most. Likewise, a changing landscape means that B2B and B2C clients want to align with responsible companies Read more