Commercial Construction Contractors Work Through Backlogs, Optimistic About Future
The commercial construction industry showed signs of rebound in the latest U.S. Chamber of Commerce Commercial Construction Index (Index). While the overall index score remained fairly steady, increasing by one point to 57 in the third quarter, two of the three main indicators saw increases, pointing to more optimism about the future. Despite the overall gain, the index remains significantly below the score of 74 from the first quarter of 2020.