Tag: dip
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ABC Backlog and Contractor Confidence Dip in October
Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 8.4 months in October, according to an ABC member survey conducted Oct. 20 to Nov. 4. The reading is down 0.1 months since September but unchanged from October 2024. View ABC’s Construction Backlog Indicator and Construction Confidence Index tables and graph for October. View the full Construction Backlog…
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Construction costs dip, but tariffs hike some materials’ prices
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Construction input prices decreased 0.1% in April compared to the previous month, while nonresidential construction costs continued their upward march and rose 0.2%, according to an Associated Builders and Contractors analysis of U.S. Bureau of…
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Balfour Beatty wary of tariffs amid profit dip
Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. London-based builder Balfour Beatty hasn’t experienced any disruptions from regime change in Washington, but it is keeping an eye on tariffs coming from the U.S., CEO Leo Quinn told listeners during the company’s 2024 full-year earnings call…
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Balfour Beatty wary of tariffs amid profit dip
Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. London-based builder Balfour Beatty hasn’t experienced any disruptions from regime change in Washington, but it is keeping an eye on tariffs coming from the U.S., CEO Leo Quinn told listeners during the company’s 2024 full-year earnings call…