Construction backlog fell to 8.1 months in November, down 0.3 months from October, according to an Associated Builders and Contractors survey conducted Nov. 20 to Dec. 8.

Backlog declined across every contractor size except firms with more than $100 million in annual revenues, which also were the only group to post year-over-year and month-over-month gains, according to the report.

Contractor confidence, on the other hand, showed mixed movement.

The rapid integration of AI-driven planning, monitoring, and safety technologies across residential, commercial, and infrastructure projects is propelling the AI in Construction Market toward substantial growth, transforming efficiency, cost management, and project delivery worldwide.

Construction input prices increased 0.2% in September compared to the previous month, according to an Associated Builders and Contractors (ABC) analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data. Nonresidential construction input prices also increased 0.2% for the month.

In November 2021, President Joe Biden signed into law the Infrastructure Investment and Jobs Act (IIJA), also known as the Bipartisan Infrastructure Law. The five-year legislation directed billions of dollars toward improvements for the nation’s infrastructure systems, including transportation, water, broadband, and energy.

Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 8.4 months in October, according to an ABC member survey conducted Oct. 20 to Nov. 4. The reading is down 0.1 months since September but unchanged from October 2024.