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ABC’s Construction Backlog Indicator Dips in November
Associated Builders and Contractors reported that its Construction Backlog Indicator fell slightly to 8.8 months in November, a 1.5% decline from October’s reading. [node:read-more:link]
Commercial, Institutional and Health Care Construction Drive ABC’s Backlog Indicator to Highest Level Since Q2 2019
Associated Builders and Contractors reports that its Construction Backlog Indicator increased to 9.2 months in November, according to an ABC member survey conducted Nov. 21 to Dec. 6. The reading is 0.8 months higher than in November 2021. [node:read-more:link]