Midwest construction backlogs continued to rebound in the third quarter, rising from 6.42 months to 6.92 months – a 7.9% increase – in quarter-to-quarter comparisons, according to data compiled by Washington, D.C.-based Associated Builders and Contractors. Midwest backlogs additionally rose by 12.7% in quarter-over-quarter comparisons.
Strong showings in the Midwest, West and Northeast propelled national backlogs to 8.8 months in the third quarter, an all time high, eclipsing the previous record of 8.5 months in the second quarter of 2014.