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ABC: Construction contractors less confident in July

from The American Surveyor

Washington, Sept. 19 — U.S. construction industry leaders' confidence diminished somewhat in July 2019, yet they remain optimistic regarding nonresidential construction's near-term prospects, according to the Construction Confidence Index released today by Associated Builders and Contractors. While contractor confidence regarding sales, profits and staffing levels declined for a third consecutive month, all three principal components measured by the survey remained well above the diffusion index threshold of 50. more

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