Inflation and interest rates contribute to backlog dip
Construction industry news, trends and jobs for building professionals who want mobile-friendly content.
Source: constructiondive.com
Construction Backlog Indicator News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Construction Backlog Indicator. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Construction Backlog Indicator Today - Breaking & Trending Today
The average U.S. contractor has 8.1 months worth of construction work in the pipeline, as of February 2024
Associated Builders and Contractors reported that its Construction Backlog Indicator declined to 8.1 months in February, according to an ABC member survey conducted Feb. 20 to March 5. The reading is down 1.1 months from February 2023.
Source: bdcnetwork.com
The average U.S. contractor has 8.4 months worth of construction work in the pipeline, as of January 2024
Associated Builders and Contractors reported today that its Construction Backlog Indicator declined to 8.4 months in January, according to an ABC member survey conducted from Jan. 22 to Feb. 4. The reading is down 0.6 months from January 2023.
Source: bdcnetwork.com
Infrastructure nudges backlog higher as other sectors struggle
Construction industry news, trends and jobs for building professionals who want mobile-friendly content.
Source: constructiondive.com
The average U.S. contractor has 8.5 months worth of construction work in the pipeline, as of November 2023
Associated Builders and Contractors reported today that its Construction Backlog Indicator inched up to 8.5 months in November from 8.4 months in October, according to an ABC member survey conducted Nov. 20 to Dec. 4. The reading is down 0.7 months from November 2022.
Source: bdcnetwork.com