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Tag: Construction Backlog Indicator (CBI)
Technology
ABC’s Construction Backlog Indicator (CBI) up 4 percent
Associated Builders and Contractors (ABC) reports that its Construction Backlog Indicator (CBI) for the first quarter of 2011 averaged 7.3 months, a 4 percent increase from 7.1 months during the fourth quarter of 2010, and up from 6.1 months, or an increase of 21 percent, from one year ago. CBI is a forward-looking indicator that […]
May 17, 2011
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