ABC: Contractors Remain Confident, Construction Backlog Down in December

Associated Builders and Contractors’ Construction Backlog Indicator decreased to 8.3 months in December— 0.3 months lower than December 2023.

ABC’s Construction Confidence Index readings for sales, profit margins and staffing levels increased in December. The readings for all three are above the threshold of 50, indicating expectations for growth over the next six months.

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