A new reading from the Associated Builders and Contractors (ABC) reported that its Construction Backlog Indicator fell to 8.8 months in June. Also, ABC’s Construction Confidence Index readings posted increases in sales and staffing levels for the month. Construction Backlog Indicator is down 0.3 months from May but up 0.1 months from June 2025. While readings for profit margins declined, all three components remain above 50, leading industry expectations for continued growth. “The effect of rising input prices may be weighing on contractor profitability,” said ABC Chief Economist Anirban Basu. “Contractor…
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