Construction backlogs in the Midwest declined by 13%, from 6.34 months to 5.51 months, in the first quarter of 2013, according to year-over-year data compiled by Arlington, Va.-based Associated Builders and Contractors (ABC). The period marked the second consecutive quarter of declining backlogs in the region, a trend ABC attributes to slow growth in states such as Illinois and Wisconsin.
“The economies of those two states are among the most fragile in the nation,” says ABC Chief Economist Anirban Basu.