Source: Associated Builders and Contractors, Construction Backlog Indicator Average backlog dropped to 8.1 months, according to the ABC's CBI. ABC Sees Solid Q2 Trends The Associated Builders and Contractors' Construction Backlog Indicator declined 2.8% during the first quarter of this year. The quarterly drop left the CBI with an average backlog of 8.1 months, down from 8.3 months during the previous quarter but up from 7.9 months a year ago, according to ABC. The CBI reflects the amount of commercial and industrial construction work under contract but not yet completed."Despite a decline in overall backlog during the first quarter of
The growing need to collect, store and analyze the huge volumes of data collected from infrastructure project stakeholders is generating a new growth area for construction-sector firms, IT vendors and professionals.