The Associated and Builders Contractors of America has posted their latest construction back log indicator. This is a relatively new key economic indicator for the construction industry. It measures construction dollar spending outside of the other key economic indicator of “new home” construction or residential construction. This measure is key to signaling potential economic recovery and growth as it focuses on Commercial and Industrial projects key to the economy showing recovery.

It should be noted that this is only an indicator… your results may vary.

The good news for those of us in the Northeast USA is that the backlog/ activity appears to be strongest in our marketplace.

Currently, we are seeing a good amount of activity around the Marcellus Shale play and traditional industries in our marketplace such as powder metal and timber seem to be chugging along. However, due to their most recent reduced production levels, capacity does not appear to be a problem.

We look forward to the Marcellus Play opportunities for our area as they bring gas exploration and construction to production and the midstream operations. This should provide opportunities in the midstream for pipeline construction, compressor stations, pump and metering shelters etc.

www.abc.org/ backlog indicator