Construction Backlog Indicator reaches highest level since 2019
Archinect
DECEMBER 15, 2022
months in November, the highest level since the second quarter of 2019. The Associated Builders and Contractors (ABC) has reported that its Construction Backlog Indicator (CBI) has increased to 9.2 This reading is 0.4 months up from October and a 0.8-month month increase from November 2021.
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