What We Learned in February: Construction Industry Continues to Search for Momentum
While construction hiring rebounded in January, nonresidential activity remains subdued, especially in the private sector. As a result, backlog fell to a four-year low in January. Thankfully, materials prices have been relatively stable over the past several months, and there are signs that borrowing costs may decline over the next few months.

Reprinted courtesy of Construction Executive, a publication of Associated Builders and Contractors. All rights reserved.