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Construction Confidence Dips in Second Half of 2012
2013-01-22 06:00:00| Industrial Newsroom - All News for Today
ABC released its Construction Confidence Index, which reflects 3 aspects of U.S. nonresidential construction industry: sales prospects, staffing levels, and profit margins. During second half of 2012, sales expectations fell from 66.3 to 62.3, while profit margins dropped from 56.3 to 55.9 and staffing levels declined from 62.2 to 59.6. According to ABC Chief Economist Anirban Basu, ongoing lack of confidence continues to produce small and halting gains in nonresidential construction ...This story is related to the following:Trade Associations
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Category:Industrial Goods and Services