Construction Backlog Rebounds in October: Contractor Optimism Rises

Denise Gillin Uncategorized

According to ConstructionBusinessOwner.com, Associated Builders and Contractors?reported?that its Construction Backlog Indicator rebounded to 7.7 months in October, an increase of 0.2 months from September?s reading, according to an ABC member survey conducted from October?20 to November 5. Backlog is 1.2 months lower than in October 2019. ABC?s Construction Confidence Index readings for sales, profit margins and staffing levels increased in …