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13 Dec
20:35

Construction backlog reaches 3-year high in US

Construction backlog levels in the US hit their highest level since the second quarter of 2019 during November, Kallanish learns from the Associated Builders and Contractors (ABC). A non-residential construction backlog indicator maintained by the ABC increased by 0.4 months in November to a reading of 9.2 months. On-year, construction backlogs remain up above November 2021's levels by 0.8 months. “The rise in backlog is remarkable and unexpec…
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