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Brief of diving:
- Backlog Construction held at 8.5 months In September, unchanged since August, according to a survey of associated builders and contractors made on September 22 to October 6.
- During the last twelve months, only infrastructure construction has been added to the pipes of contractors, according to ABC. Other commercial and institutional work were delayed.
- The confidence of the contractor showed mixed signs in September, as the margins of benefit and perspectives of staff improved, but sales expectations decreased, according to the report.
Divide vision:
Backlog stability emphasizes how a couple of sectors continue to anchor construction pipes, even when the general activity of the private sector is weakened.
“Fall employment throughout the industry, a Death of work openings And the continuous decrease in expense under construction has not decreased the decline or confidence of the member of the ABC contractor, “said Anirban Basu, an ABC chief economist, in the statement.” This stability derives mainly from two sources. “
First of all, the construction of the public sector has come out much better than private activity for much of this year, said Basu. This has supported a high decline in the infrastructure.
However, the impulse faces a new challenge. It The federal government remains closed From Wednesday, that is, projects that are completely based on federal dollars could face temporary suspensions. The shutdown began on October 1, during the ABC survey period. The infrastructure backlog was reduced for 1.7 months compared to the previous month report, although it is still 1.6 months during the past year.
Despite concern for public projects, the second source of promotion of the industry is the data centers, said Basu. This shows Small slowing sign.
“About 1 in 5 contractors was hired to work on a data center project in September,” said Basu. “Although it is a slightly lower quota in August, contractors who have a data center work had a significantly greater delay than those that did not.”
Data Center Projects Now it constitutes most of the non -residential private construction. Active contractors in this space report approximately 12 months of backlogCompared to about eight months for those who do not have a job at the data center.
