Tag: 2year
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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…
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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…