Tag: backlog
-
Turner hits record $39B in backlog, buoyed by data center work
Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. New York City-based Turner Construction, the largest contractor in the U.S. by revenue, is having a very good year. The privately held company announced in a news release that its 2025 first half results included more than…
-
Turner hits record $39B in backlog, buoyed by data center work
Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. New York City-based Turner Construction, the largest contractor in the U.S. by revenue, is having a very good year. The privately held company announced in a news release that its 2025 first half results included more than…
-
Tariffs sap Fluor’s backlog, trigger project cancellations
Fluor reported three months ago that clients were forging ahead with projects despite trade headwinds. Now, many are hitting pause, the company said on its Friday second quarter earnings call. “Over the past couple of months, we’ve seen more clients continue to take a wait-and-see approach due to a variety of reasons, including ongoing trade…
-
Council takes ‘critical action’ to reduce planning backlog
Councillor Mike Rigby, portfolio holder for economic development, planning and transportation, said: “This is an incredibly complex problem to solve, and we recognise that this critical action will impact on our residents. But it is necessary to bring work in progress down to a more manageable and sustainable standard and to make Somerset’s planning service a…
-
Backlog rebounds off data center construction boom
Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Construction backlog rebounded to 8.7 months in June due to a strong flow of data center projects, according to an Associated Builders and Contractors survey conducted June 20 to July 7. The largest contractors now…
-
Backlog hits nearly 2-year high despite tariff worries
Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Despite the threat of tariffs, construction backlog rose to its highest level since September 2023 and contractors’ confidence in their future profit margins grew, according to an Associated Builders and Contractors survey April 22 to…
-
Tutor Perini turns a profit on growing backlog
Listen to the article 6 min This audio is auto-generated. Please let us know if you have feedback. Tutor Perini, the Los Angeles-based heavy civil construction company, is finally making money doing construction again. After several quarters of disappointing results plagued by payouts for legal disputes on legacy projects, the company reported it is collecting…
-
Tariff Pressures Mount as Construction Backlog Hits 8.5 Months
The latest data from Associated Builders and Contractors (ABC) shows a slight uptick in construction backlog across nonresidential sectors, but growing concerns over newly announced tariffs are beginning to influence contractor confidence. According to ABC’s Construction Backlog Indicator, the average backlog among surveyed contractors increased to 8.5 months in March, up 0.3 months from the…
-
Construction backlog posts gains to kick off the year
Dive Brief: Construction backlog increased to 8.4 months in January, reversing December’s slight decline, according to an Associated Builders and Contractors survey conducted from Jan. 21 to Feb. 3. The metric tracks the volume of work in builders’ pipelines. The Western region posted the largest backlog growth, both on a monthly and year-over-year basis, while…
-
Total commercial backlog at nearly 2-year low
Dive Brief: Construction backlog edged down to 8.3 months in December, a slight decrease from November, according to an Associated Builders and Contractors survey conducted from Dec. 20 to Jan. 6. Commercial and institutional backlog declined nearly a full month over the past year, reaching its lowest level since February 2023. These categories, which include…