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18 May
17:17

US infrastructure construction backlog rebounds during April

The Associated Builders and Contractors' (ABC) non-residential construction backlog indicator increased by 0.2 months during April after falling to a seventh-month low in the previous month, Kallanish understands. “With credit conditions tightening, expectations are that private construction is poised for weaker times ahead. Nonetheless, [the] backlog expanded in April, as infrastructure contractors began to take on more public works projects,&…
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