Handyman Insurance, South’s Construction Backlogs Surpassed 9% in 2014’s Final Quarter
Average construction backlogs in the South, including Texas and Louisiana, surpassed nine months during the final quarter of 2014, a feat regional builders haven’t achieved since the first quarter of the year, according to data compiled by Washington, D.C.-based Associated Builders and Contractors (ABC). Backlogs in the region rose .30 months, to 9.29 months, in quarter-to-quarter comparisons but declined .36 months, from 9.65 months, in year-over-year comparisons for the same period, data indicate.