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2024 Q1 Construction Confidence Index: Now Available for Download
We are pleased to present the latest findings from the 2024 Q1 Construction Cost Index and Industry Confidence Data. The Confidence Index has seen a significant increase, now standing at 52, up 11 points, indicating a robust 4-quarter pace of change. Our AI-parsed construction market confidence, illustrated through a quarterly color-coded treemap, offers deep insights into the current sentiments within the industry. |
Quick Insights- Economic concerns hint at a potential mid-year downturn.
- Inflation and interest rates are impacting the multi-family sector.
- Positive trends in supply chain and data center growth, with commercial construction slowing.
The upcoming election is crucial for market stability.
- Healthcare, manufacturing, and Southeast infrastructure remain strong amidst challenges.
New Feature |
This new update builds on previous updates below and is a powerful tool that can enhance every aspect of your project planning and execution. |
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