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Claim Text
Fewer than 2% of ABC members expect their profit margins to increase significantly over the next six months, the fewest since October 2024.
Simplified Text
Fewer than 2% of ABC members expect profit margins to increase significantly over next six months fewest since October 2024
Confidence Score
1.000
Claim Maker
Anirban Basu
Context Type
News Article
Context Details
{
    "date": "2025-08-12",
    "speaker": "Anirban Basu",
    "timeframe": "next six months",
    "percentage": "less than 2%",
    "expectation": "profit margins increase significantly",
    "lowest_since": "October 2024",
    "organization": "ABC"
}
UUID
9fdb179c-0fd5-455a-8ba8-50931f27bc0e
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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