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

Revenue Cycle
Transformation Without Disruption: How Access Healthcare Is Rewiring the Revenue Cycle with Agentic AI
September 17, 2025

Hospitals are juggling shrinking margins and rising costs while denial volumes remain stubbornly high. In the revenue cycle alone, hundreds of billions are lost annually to preventable errors and inefficiencies—in fact, Access Healthcare CEO Shaji Ravi cites more than $250 billion wasted each year. Meanwhile, payers have accelerated their use of AI to adjudicate…

Read More
leading with intention
Making Meaning Out of Life’s Pause: Billie Whitehouse on Finding Strength, Setting Boundaries, and Leading With Intention
September 17, 2025

In June, Forbes profiled Billie Whitehouse, CEO and Creative Director of Wearable X, as she broke her silence about leading through a devastating health crisis. Diagnosed with stage 4 colon cancer at 27 while 22 weeks pregnant, Whitehouse underwent emergency surgery that ensured her survival, but came with the profound heartbreak of losing her…

Read More
Critical Care
Transforming the ICU Through Technology: Advances in Critical Care Telehealth Delivering Gold-Standard Care Anywhere
September 17, 2025

Critical care in the United States faces a mounting crisis. With a shortage of board-certified intensivists and younger, less experienced nurses filling ICUs, hospitals often struggle to provide timely, gold-standard care. Studies show that hospitals with board-certified intensivists in their ICUs see a 30% reduction in patient mortality, yet thousands of facilities still lack…

Read More
How to Scale Events Without Losing the Wow Factor
How to Scale Events Without Losing the Wow Factor
September 17, 2025

In this episode of Secured, host Mike Monsive, CEO of ASAP Security, reconnects with Idan Koren, CMO of Verkada, for a conversation about what it really takes to scale events without losing their impact. Idan shares how his team manages nearly 500 events a year—ranging from intimate gatherings to Verkada One, the company’s flagship…

Read More