ABC: Construction Backlog Indicator Rises, Contractor Optimism Slips in July

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Associated Builders and Contractors reported that its Construction Backlog Indicator rose to 8.8 months in July, according to an ABC member survey conducted July 24 to Aug. 4. The reading is up 0.4 months since July 2024.  Backlog is up on a year-over-year basis in every region except for the South. Despite the lack of growth, backlog in the South remains significantly longer than in any other region. ABC’s Construction Confidence Index reading for sales and profit margins declined in July, while the reading for staffing levels rose to the highest level since April. The readings for all three components … Read more

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LeChase Oversees Expansion, Renovation of Minisink Valley High School Gymnasium

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LeChase Construction Services is overseeing the expansion and renovation of athletic facilities at Minisink Valley High School in Middletown, New York. Taking advantage of the summer break, when the school’s 1,100 students are not in class, construction crews are adding a cardio room and new equipment storage room while upgrading the existing space. The entire project covers about 3,000 square feet and is designed by Tetra Tech Architects & Engineers. The new rooms and renovated space are scheduled to be available for use in the fall, shortly after the start of the 2025-26 school year.

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Hoar Completes Work on Northeast Georgia Rehabilitation Institute

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Hoar Construction has announced the ribbon cutting and official completion of the Northeast Georgia Rehabilitation Institute, a 62,000-square-foot, two-story rehabilitation hospital in Gainesville, Georgia. The project, which broke ground in March of 2024, is owned in partnership with Northeast Georgia Health System and Lifepoint Rehabilitation, a business unit of Lifepoint Health. The Northeast Georgia Rehabilitation Institute is a 40-bed facility, with the first floor housing a therapy gym, day rooms for patients, a full kitchen and dining room and a mock bedroom and kitchen area to be used for life skills training. The second floor includes space for patients with … Read more

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ABC: Nonresidential Construction Spending Contracts in 6 of Past 7 Months

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National nonresidential construction spending decreased 0.1% in June, according to an Associated Builders and Contractors’ analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.241 trillion. Spending was down on a monthly basis in 9 of the 16 nonresidential subcategories. Private nonresidential spending fell 0.3% for the month, while public nonresidential construction spending inched 0.1% higher. “Nonresidential construction spending declined in June and has now contracted in 6 of the past 7 months,” said ABC Chief Economist Anirban Basu. “Recent declines would be worse if not for ongoing increases in public … Read more

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ABC: Nonresidential Construction Spending Contracts in 6 of Past 7 Months

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National nonresidential construction spending decreased 0.1% in June, according to an Associated Builders and Contractors’ analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.241 trillion. Spending was down on a monthly basis in 9 of the 16 nonresidential subcategories. Private nonresidential spending fell 0.3% for the month, while public nonresidential construction spending inched 0.1% higher. “Nonresidential construction spending declined in June and has now contracted in 6 of the past 7 months,” said ABC Chief Economist Anirban Basu. “Recent declines would be worse if not for ongoing increases in public … Read more

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