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14 May

US building contractors remain confident, with growing backlog

US construction sentiment remains resilient in the face of higher US interest rates, Kallanish learns from the latest construction data compiled by the Associated Builders and Contractors (ABC). “ABC measurements reflect ongoing momentum in the nation’s nonresidential construction sector. While there are occasional hints of softness in certain segments and over certain periods, the average contractor continues to report solid backlog and a belief that …
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