February Construction Has A Dip In Value

A more enthusiastic read on the industry came from the Associated Builders and Contractors’ fourth-quarter 2017 Construction Backlog Indicator report released this month. Projects in the nonresidential construction pipeline increased 2.25% to an all-time high of 9.67 months. Also breaking backlog records were the Northeast region (10.67 months), the commercial/industrial segment (10.1 months), and contractors with revenue of $30 million to $50 million (11.89 months).

Even so, Anirban Basu, the ABC’s chief economist, pointed to many of the same potentially negative factors that Dodge did in his analysis of what the future holds for contractors. One of the concerns Basu and Murray share is the effect of President Donald Trump’s 25% steel tariff and 10% aluminum tariff, both of which went into effect today. Industry organizations have been quick to point out that construction material prices were on the rise before the tariffs announcement and that the resulting higher costs could cause owners to nix plans for new development or bust budgets for projects already underway.

Read the full article here

Follow us on social media for the latest updates in B2B!

Image

Latest

technology
Clarity Under Pressure: Technology, Trust, and the Future of Public Safety
February 7, 2026

When something goes wrong in a community—a major storm, a large-scale accident, a violent incident—there’s often a narrow window where clarity matters most. Leaders must make fast decisions, responders need to trust the information in front of them, and the systems supporting those choices have to work as intended. Public safety agencies now rely…

Read More
weather Intelligence
Clarity in the Storm: Weather Intelligence, GIS, and the Future of Operational Awareness
February 6, 2026

For many organizations today, weather has shifted from an occasional disruption to a constant planning factor. Scientific assessments show that extreme weather events—including heatwaves, heavy rainfall, and wildfires—are occurring more frequently and with greater intensity, placing growing strain on infrastructure, utilities, and public services. As weather-related disruptions become more costly and harder to manage,…

Read More
AI in sterile processing
AI in Sterile Processing Is Proving Its Value by Acting as a Co-Pilot, Not a Replacement
February 5, 2026

Sterile processing departments are dealing with persistent operational pressures. Surgical case volumes are rising, instruments are more complex, and staffing shortages remain across many health systems. Accuracy and documentation requirements continue to tighten, leaving little room for error. In busy hospitals, sterile processing teams may handle 10,000 to 30,000 surgical instruments per day, with…

Read More
IC-SAT100
Meet IC-SAT100, a Satellite PTT Radio Built for the World’s Most Demanding Environments
February 5, 2026

Let’s have a look at Icom’s IC-SAT100, a satellite Push-To-Talk radio designed for moments when ordinary communication just isn’t an option. Powered by the Iridium satellite network, this rugged handheld delivers instant one-to-many communication at the push of a button—no cell towers or ground infrastructure required. Built to thrive in harsh environments, it’s waterproof,…

Read More