The Average U.S. Contractor Has 8.9 Months Worth of Construction Work in the Pipeline as of April 2023
May 25, 2023
Associated Builders and Contractors' Construction Backlog Indicator increased to 8.9 months in April from 8.7 in March, according to an ABC member survey conducted April 20 to May 3. The reading is 0.1 months higher than in April 2022.
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