The Average U.S. Contractor Has 9.2 Months Worth of Construction Work in the Pipeline, as of February 2023
March 16, 2023
Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 9.2 months in February, according to an ABC member survey conducted Feb. 20 to March 6. The reading is 1.2 months higher than in February 2022.