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{ "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" }
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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.
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