ABC's Construction Backlog Indicator Flat for July

Associated Builders and Contractors (ABC) has reported that its Construction Backlog Indicator remained unchanged at 8.5 months in July (see chart above).

The results are from an ABC member survey conducted July 20-Aug. 2, and the indicator is up 0.7 months from July 2020.

For an exclusive mid-year look at construction fleet confidence, condition, and more, click here.

Source: ABC