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Claim Text
The readings for all three components remain above the threshold of 50, indicating expectations for growth over the next six months.
Simplified Text
All three Construction Confidence Index components remain above 50 indicating growth expectations for next six months
Confidence Score
1.000
Claim Maker
The author
Context Type
News Article
Context Details
{
    "date": "2025-08-12",
    "index": "Construction Confidence Index",
    "threshold": "50",
    "timeframe": "next six months",
    "expectation": "growth"
}
UUID
9fdb179a-3e99-4972-b773-0a62e798e992
Vector Index
✗ No vector
Created
September 11, 2025 at 11:30 PM (1 day ago)
Last Updated
September 11, 2025 at 11:30 PM (1 day ago)

Original Sources for this Claim (1)

All source submissions that originally contained this claim.

Screenshot of https://www.floordaily.net/flooring-news/construction-backlog-rose-to-88-months-in-july
10 claims 🔥
1 day ago
https://www.floordaily.net/flooring-news/construction-backlog-rose-to-88-months-in-july

Construction backlog rose to 8.8 months in July, despite declining construction spending. Contractor confidence slipped, particularly regarding profit margins, due to trade policy and rising material costs.

Construction
Backlog
Economy
Construction Industry
Economic Indicators
Market Analysis

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