The construction industry had 8.7 months of in-the-works projects in April, a number down from 9.5 months in March, the Associated Builders and Contractors reported on Tuesday.
Work piled up for construction companies in March amid a strong economy, according to an indicator of backlogged work from the trade group Associated Builders and Contractors of America.
The amount of pent-up work that construction companies have under contract “fell back to earth” in the second quarter of the year, the Associated Builders and Contractors reported on Wednesday. The ABC, a national group that mostly represents nonunion contractors, ...