US construction backlog 2026 News

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• U.S. Construction Backlog Hits Four-Year Low as Geopolitical Tensions Stifle Growth

  Published: Mar 17, 2026

  Section: Global Economy

  U.S. construction backlogs hit a four-year low of eight months in early 2026, pressured by a "perfect storm" of rising material costs, tariffs, and the Iran conflict. While the "Mi...