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Real Estate Owners Network - REOWN.com
Jun
16
2010

Construction Backlog Up 4.5 Percent in First Quarter of 2010

Market Conditions and Outlook
Associated Builders and Contractors (ABC) released its Construction Backlog Indicator (CBI) for the first quarter of 2010 showing a 4.5 percent increase in construction backlog orders to 6.07 months, up from 5.81 months in the fourth quarter of 2009. Over the two-month period from February to March of this year, CBI shot up 17 percent and now stands at 6.05 months.


Read entire article: Construction Backlog Up 4.5 Percent in First Quarter of 2010

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