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May 15, 2024

ABC: Contractor confidence remains strong despite rise in material prices

  • Data report finds solid backlog of construction projects.
  • Contractors continue to report a solid backlog of construction projects, according to a report issued yesterday by the Associated Builders and Contractors.

    ABC says its Construction Backlog Indicator increased to 8.4 months in April, according to a member survey conducted April 22 to May 6. That's down by half a month from April of last year, but up by 0.2 months from the prior month.

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