Tag: 2year
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Total commercial backlog at nearly 2-year low
Dive Brief: Construction backlog edged down to 8.3 months in December, a slight decrease from November, according to an Associated Builders and Contractors survey conducted from Dec. 20 to Jan. 6. Commercial and institutional backlog declined nearly a full month over the past year, reaching its lowest level since February 2023. These categories, which include…