Contractor backlog edged up in February but remains below historical norms, with Midwest growth driving gains even as infrastructure work and profit-margin confidence soften.
Contractors’ backlogs have fallen to a four-year low, according to ABC data, yet contractors continue to remain optimistic about project timing despite what the downturn signals for 2026 workloads.
ABC’s December backlog uptick hints at steadier pipelines, but underlying data show uneven momentum across firm sizes as contractors navigate rates, labor pressures and starts.
ENR’s Construction Industry Confidence Index rose four points between Q3 and Q4, to a slightly optimistic 52 rating. The economic index also rose four points, to a 48 rating.
Construction industry executives report little change in sentiment between Q2 and Q3. ENR’s Confidence Index rose one point to a still slightly pessimistic 48 rating this quarter.