Sources: Associated Builders and Contractors, Washington, D.C.; CP staff
The Associated Builders and Contractors monthly Construction Backlog Indicator (CBI) of nonresidential building activity expanded to 9.5 months in March 2019, up 0.7 months or 8.8 percent from the prior month, when it stood at 8.8 months and hovered its highest level in series history.
Read More