construction markets – Site-K Construction Zone

Contractor Optimism Improves as ABC’s Construction Backlog Inches Up in December

Posted on January 12, 2021 by Greg

Associated Builders and Contractors reported today that its Construction Backlog Indicator rebounded modestly to 7.3 months in December, an increase of 0.1 months from November’s reading, according to an ABC member survey conducted from Dec. 18 to Jan. 5. Backlog is […]

Forecast For 2020 Is Definitely Not 20/20

Posted on December 31, 2019 by Greg

By Greg Sitek

Forecasting usually uses a crystal ball for an all-inclusive overview, or a telescope for a long-range view, or a microscope for a finite, specific pinpoint view.

For 2020 a kaleidoscope is probably the correct instrument to use since forecasting […]