ABC’s Construction Backlog Indicator Inched Higher in June, Contractors Remain Confident
Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 8.4 months in June, according to an ABC member survey conducted June 20 to July 3. The reading is down 0.5 months from June 2023. View the full Construction Backlog Indicator and Construction Confidence Index data series. The entire decline in backlog observed…