Tag: Total

  • Total commercial backlog at nearly 2-year low

    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…