Construction Backlog Expands Nearly 3 Percent at the Close of 2015

By Anonymous -
The South posted the highest backlog in the history of the Construction Backlog Indicator (CBI) in the fourth quarter of 2015, according to Associated Builders and Contractors (ABC).

Nationally, backlog expanded by 2.7 percent to 8.7 months in the last three months of the year, with the South expanding on its previous record high reading by 8/7 percent to 11.19 months. In addition, infrastructure-related backlog expanded by 23.2 percent in the fourth quarter to 12.2 months.


From ABC

Trenton H. Cotney
Florida Bar Certified Construction Lawyer
Trent Cotney, P.A. 
407 N. Howard Avenue
Suite 100
Tampa, FL 33606
www.trentcotney.com

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