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Woodworking Industry News

Construction Backlog Indicator rises, confidence falls in July, reports advocacy group

Associated Builders and Contractors has reported that its Construction Backlog Indicator rose to 8.8 months in July, according to an ABC member survey conducted July 24 to Aug. 4. The reading is up 0.4 months since July 2024. ABC’s Construction Confidence Index reading for sales and profit margins declined in July, while the reading for staffing levels rose to the highest level since April.