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Associated Builders and Contractors (ABC) recently released a Construction Backlog Indicator (CBI), a forward-looking measurement reflecting the amount of work to be performed by contractors in the months ahead.
The report is a key economic indicator as it offers a specific report on
Keep an eye on this report as it will be a true indicator of when this economic downturn is ending.
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This report is outstanding. I work with so many contractors in different sectors and I have noticed the difference in the pace.
Posted by: KJ Rodgers | September 01, 2009 at 03:38 PM