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Tag Archives: South Jersey

Construction metric indicates strong economy

The Associated Builders and Contractors’ (ABC) reported that the Construction Backlog Indicator (CBI) set a record as it expanded to 9.45 months during the third quarter of 2017, up 9.8 percent from the second quarter to the longest backlog reading in the eight-year history of the series. CBI is up by 0.8 months, or 9.2 percent, on a...

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