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ABC Releases Latest Construction Confidence Index That Remained High in March

May 24, 2019 | Comments Off on ABC Releases Latest Construction Confidence Index That Remained High in March

The Associated Builders and Contractors’ Construction Confidence Index shows stability in March with respect to nonresidential construction prospects. The CCI for sales expectation increased from 69.4 to 69.6 whereas the profit margin expectation fell from 63.3 to 61.8. The CCI readings above 50 indicate growth whereas below 50 are unfavorable. The staffing levels’ CCI fell to 67.8 from 68.5. The latest ABC’s Construction Backlog Indicator report revealed that many...

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