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The case for increasing the use of lean construction practices
WASHINGTON (March 14, 2023) — Associated Builders and Contractors (ABC) reported that its Construction Backlog Indicator increased to 9.2 months in February, according to an ABC member survey conducted Feb. 20 to March 6. The reading is 1.2 months higher than in February 2022.
View ABC’s Construction Backlog Indicator and Construction Confidence Index tables for February.
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Pivot to pursue growth in the face of macroeconomic headwinds
HAMILTON, N.J. (March 7, 2023) — The Dodge Momentum Index (DMI), issued by Dodge Construction Network, advanced 1.9% in February to 203.0 (2000=100) from the revised January reading of 199.3. In February, the commercial component of the DMI rose 1.4%, and the institutional component increased 2.9%.