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16 Feb
17:24

Construction backlogs continue to slip in the US

The Associated Builders and Contractors' (ABC) non-residential construction backlog indicator fell during January, continuing a trend of declining backlog levels at the end of last year, Kallanish understands. According to the ABC, monthly US non-residential construction backlog levels decreased by 0.2 months from December to 8 months during January. In a breakdown by sector, backlog levels fell by 0.3% for commercial/institutional and by 0.1% for heavy indust…
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