This quarter's current event questions are around labor issues and compensation plans for 2024. Discover other insights around current events as well as the overall outlook for civil infrastructure in this quarter's report.
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Leverage people, processes and infrastructure to position your company for success in the alternative procurement space.
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Civil Infrastructure Construction Index measures industry sentiment about the economy, where companies operate, as well as questions about current issues around alternative procurement, hiring plans and market risks. Download your copy for the full details.
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The fourth quarter Heavy Civil Construction Index showed its first decline since the second quarter of 2022 across all four measures tracked. Discover our sector-specific insights.
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The third quarter 2023 Heavy Civil Construction Index rose to 56.1 from 55.5, marking the third consecutive increase. All four economic measures showed improvement in sentiment, with respondents’ views on the overall U.S. economy showing the largest increase.
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The Heavy Civil Construction Index improved in the second quarter, rising to 55.5 from 51.3, the second consecutive increase this year.
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The first quarter 2023 Heavy Civil Construction Index (HCCI) rose slightly to 51.3 from 50.8 in the prior quarter. Three of the 4 economic measures showed improvement, while respondents’ views on engineering and construction where they do business receded. Additionally, sentiment remained strong and improved for backlogs while labor costs, material costs and productivity all continue to pose […]
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The 2022 fourth quarter Heavy Civil Construction Index rose to 50.8 from 48.4 and returned to expansionary territory. Expectations for the overall U.S. economy and local economies where respondents conduct business improved, but remain mostly pessimistic. This quarter current issues focused on backlog sensitivity, project start delays and alternative procurement opportunities.
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The 2022 third quarter Heavy Civil Construction Index reports expectations for future industry contraction, falling to 48.4 from 57.7. This is the second time since the index started (Q1 2018) that it has dipped below 50, suggesting contraction. Though expectations for the U.S. economy and the respondents’ local economies were strongly negative, outlooks on the overall health of their […]
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The second quarter Heavy Civil Construction Index showed improvement and marked its fifth consecutive quarter of forecasting future industry expansion.
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