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16 Jun
20:54

Confidence amongst US contractors falls, despite growing backlogs

Confidence amongst US construction contractors continued to fall during the month of May despite rising backlog levels, Kallanish learns from the Associated General Builders and Contractors (ABC). According to the ABC's construction confidence index, contractors' expectations for sales, profit margins, and staffing levels retracted during May after optimism for both sales and staffing levels fell during the prior month. In April, contractors were…
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