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ABC: Construction Backlog Surges, Sets National Record in 3rd Quarter

Construction backlog data for the Northeast has been higher for 10.2 months, matching its lengthiest backlog in the history of the Associated Builders and Contractors’ (ABC) series, set in the fourth quarter of 2014.

“Construction activity has increased, as evidenced by Sweetwater’s backlog of $172 million.” said Ron Witt, President & CEO.  “In addition to our current backlog, we see another $150 million in construction opportunities making  2018 and 2019 very favorable fiscal years to come.  The market sectors driving these projects are multi- family, healthcare, hospitality and science/technology.”

Read more about the Construction Backlog Indicator (CBI) records and data by region, industry and company size in this ABC report:

http://bit.ly/2AgrUyU