Construction Backlog Falls But Contractor Confidence is Up from Historic Lows
Business Tools
On: May 13, 2020 | By:
Associated Builders and Contractors' Construction Backlog Indicator fell to 7.8 months in April, the series’ lowest reading since the third quarter of 2012. Yet, based on an ABC member survey conducted April 20-May 4, confidence among U.S. construction industry leaders inched higher last month compared to the historically low levels observed in the March survey.
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