WASHINGTON (Sept. 12, 2023) — Associated Builders and Contractors (ABC) reported that its Construction Backlog Indicator declined to 9.2 months in August, down 0.1 month, according to an ABC member survey conducted from Aug. 21 to Sept. 6. The reading is 0.5 months above the August 2022 level.
View ABC’s Construction Backlog Indicator and Construction Confidence Index tables for August.
HAMILTON, N.J. (Sept. 8, 2023) — The Dodge Momentum Index (DMI), issued by Dodge Construction Network, declined 6.5% in August to 178.0 (2000=100) from the revised July reading of 190.3. Over the month, the commercial component of the DMI fell 1.6%, while the institutional component fell 14.8%.
Vroozi, the intelligent procure-to-pay platform, has announced that Modern Niagara, a multi-trade contractor and building solutions company in Canada, will partner with Vroozi to simplify their procurement process while providing central procurement teams with complete control and visibility.
