Construction Backlog Indicator Rebounds in September, Contractor Confidence Improves

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Associated Builders and Contractors reported that its Construction Backlog Indicator increased to 8.6 months in September, according to an ABC member survey conducted Sept. 20-Oct. 4. The reading is down .4 months from September 2023. Backlog increased in every region except for the Northeast in September. On a year-over-year basis, however, only the Middle States have longer backlog than one year ago. ABC’s Construction Confidence Index readings for sales, profit margins and staffing levels improved in September. The readings for all three components are above the threshold of 50, indicating expectations for growth over the next six months. Visit abc.org/economics for the … Read more

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Skanska Completes North Carolina Surgical Hospital in Chapel Hill

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UNC Health’s North Carolina Surgical Hospital has been completed. Rising seven-stories and spanning 375,000 square feet, Surgical Hospital is the largest addition to the Chapel Hill campus since it was built in 1952. Designed by Page and built by Skanska, the new surgical hospital offers 26 operating rooms, four of which are hybrid size operating rooms to accommodate additional equipment and technology for newly developed procedures, 59 pre- and post-operating rooms ,as well as two floors of ICU space with 80 beds. The building has a main reception area, as well as visitor waiting areas on each floor, an indoor … Read more

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National Electrical Contractors Association Donates $50,000 to Helmets to Hardhats

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The DC Chapter of the National Electrical Contractors Association has donated proceeds from its 2024 Washington, D.C. NECA Annual Golf Classic to Helmets to Hardhats. This year’s contribution of $50,000 marks the second consecutive year that NECA has made a substantial donation to the nonprofit organization, which focuses on transitioning veterans into careers in the construction industry through registered apprenticeships. JT Thomas and his dedicated team at NECA played a pivotal role in making this year’s event a success. Their efforts not only raised critical funds but also highlighted the importance of supporting those who have served our country as … Read more

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Construction Input Prices Down in September

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Construction input prices decreased .9% in September compared to the previous month, according to an Associated Builders and Contractors’ analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data. Nonresidential construction input prices also decreased .9% for the month. Prices decreased in two of the three energy subcategories last month. Crude petroleum prices were down by 16.7%, while unprocessed energy materials prices were down 12.6%. Natural gas prices rose 2.4% in September. Overall construction input prices are 1.9% lower than a year ago, while nonresidential construction input prices are 2.1% lower. “The decline in construction input costs observed in … Read more

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CMAA Accepting Education Session Proposals for Annual Conference

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The Construction Management Association of America invites program and construction management professionals and all those involved in design, construction and management in the built environment to submit education session proposals for CMAA Focus25, which will be held March 9-11 in Las Vegas, Nevada. CMAA Focus25 will provide attendees with valuable insights to leverage leadership skills, technological innovations, digital tools, trends and resiliency best practices that pave the way for innovative and successful project/program execution. For 2025, CMAA has identified a learning matrix — topics with strategic learning outcomes. The matrix identifies learning outcomes that increase PM/CM professionals’ capacity to address … Read more

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