We are pleased to share the Gilbane Q4 2024 Market Conditions Report. This report offers a national macroeconomic overview, highlighting impacts on the U.S. construction industry, including market data, supply chain constraints, equipment and material availability, costs, and regional market insights.
Click here to read the report.
Top three takeaways from the Q4 2024 Report:
- Total engineering and construction spending for the U.S. is forecast to end 2024 up 5 percent, just below 2023 growth of 6 percent.
- Construction demand remains strong for new data centers, industrial, manufacturing, and large infrastructure projects. Expect to see education, healthcare, and manufacturing to provide industry opportunities over the next several years.
- The Southeast’s vulnerability to extreme weather events coupled with its high concentration of manufacturing facilities, poses a growing risk to supply chains as storms become increasingly frequent and severe.
Please reach out to our team of experts to support your project planning.
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