The Associated Builders and Contractors Construction Backlog Indicator rose to 8.3 months in March, an increase of a half-month from a year earlier.
The greatest work backlog was in the commercial and institutional sector, with a backlog of 8.6 months, flat from February and up by 0.9 month from March 2021. The infrastructure backlog was down by 0.1 month from a year earlier, but was up by 1.9 months from February, while the heavy industrial backlog was down 0.3 month from February and down 2.2 months compared to March 2021. Regionally, the greatest backlog was seen in the South at 9.7 months.