KEY TAKEAWAYS:
South’s construction backlog averages 9.8 months, highest in the U.S.
Growth driven by population increases and infrastructure projects
Data center construction fuels demand; 1 in 8 contractors involved
Contractor confidence in profits declines amid rising material costs
The South continues to lead the nation in construction backlog length, suggesting strong economic performance, according to new data from Associated Builders and Contractors .
“Backlog is longer in the South because contractors are busier,” ABC economist Zack Fritz told The Center Square. “This trend is downstream of the South’s economic outperformance – rapid population growth has fueled a healthy labor market and significant development activity.”
The backlog figure represents the average l