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Tag: Up
Construction Backlog Up 10 Percent In Second Quarter
August 16, 2011 Washington, D.C. – Associated Builders and Contractors (ABC) today reports that its Construction Backlog Indicator (CBI) increased 10 percent in the second quarter of 2011 to an average of 8.1 months, up from 7.3 months the previous quarter. The CBI is 12 percent higher than one year ago. CBI is a forward-looking…