Construction industry confidence increased in November, while the nation’s construction backlog remained virtually unchanged at 8.4 months, according to an Associated Builders and Contractors member survey.
The backlog reading was down 0.1 months to 8.4 months across the country compared with November 2023. Infrastructure was the only category with a higher backlog in November on a year-over-year basis, according to ABC’s Construction Backlog Indicator. The commercial and institutional backlog remained at 8.5 months and the heavy industrial backlog increased from 8.1 months to 8.7 months from October’s backlog figures.
Construction backlogs are longest in the South, averaging 9.4 months, and shortest in the middle states at 7.7 months. Construction backlog in the Northeast stands at 8 months and 8.6 months in the West.
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